Dunelm Group plc (LON:DNLM) Insider Purchases £25,006.52 in Stock

Dunelm Group plc (LON:DNLM) insider Ajay Kavan bought 2,471 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was purchased at an average price of GBX 1,012 ($12.71) per share, with a total value of £25,006.52 ($31,415.23).

Dunelm Group Stock Performance

Shares of Dunelm Group stock opened at GBX 1,005 ($12.63) on Wednesday. The firm has a 50 day simple moving average of GBX 1,077.80 and a 200 day simple moving average of GBX 1,074.97. Dunelm Group plc has a fifty-two week low of GBX 959 ($12.05) and a fifty-two week high of GBX 1,335.54 ($16.78). The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16. The firm has a market cap of £2.03 billion, a P/E ratio of 1,384.93, a P/E/G ratio of -10.32 and a beta of 1.09.

Dunelm Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 9th. Stockholders of record on Thursday, March 14th were paid a GBX 51 ($0.64) dividend. This is a boost from Dunelm Group’s previous dividend of $27.00. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, March 14th. Dunelm Group’s dividend payout ratio (DPR) is 5,890.41%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DNLM shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,200 ($15.08) price target on shares of Dunelm Group in a report on Thursday, April 18th. Berenberg Bank restated a “buy” rating and issued a GBX 1,410 ($17.71) target price on shares of Dunelm Group in a research note on Thursday, April 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Dunelm Group has an average rating of “Hold” and an average price target of GBX 1,189 ($14.94).

About Dunelm Group

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.