Whitbread plc (LON:WTB) Insider Dame Karen Jones Purchases 900 Shares

Whitbread plc (LON:WTB) insider Dame Karen Jones bought 900 shares of Whitbread stock in a transaction dated Friday, May 3rd. The stock was purchased at an average price of GBX 3,004 ($37.73) per share, with a total value of £27,036 ($33,960.56).

Whitbread Stock Up 0.2 %

Shares of LON WTB opened at GBX 3,007 ($37.77) on Friday. The company has a debt-to-equity ratio of 144.72, a current ratio of 1.02 and a quick ratio of 1.74. The company has a 50-day moving average price of GBX 3,210.51 and a 200-day moving average price of GBX 3,363.04. The stock has a market capitalization of £5.54 billion, a P/E ratio of 1,879.38, a P/E/G ratio of -3.09 and a beta of 1.08. Whitbread plc has a 1 year low of GBX 2,983.63 ($37.48) and a 1 year high of GBX 3,714 ($46.65).

Whitbread Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 23rd will be paid a dividend of GBX 62.90 ($0.79) per share. The ex-dividend date is Thursday, May 23rd. This represents a yield of 2.06%. This is an increase from Whitbread’s previous dividend of $34.10. Whitbread’s payout ratio is 6,062.50%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Whitbread in a report on Tuesday. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 4,192.50 ($52.66).

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.