Taylor Wimpey (OTCMKTS:TWODY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Taylor Wimpey (OTCMKTS:TWODY) from a hold rating to a strong sell rating in a report published on Thursday morning,Zacks.com reports.

Several other research firms have also commented on TWODY. Kepler Capital Markets upgraded shares of Taylor Wimpey to a “strong-buy” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada lowered shares of Taylor Wimpey from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 9th. Barclays lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 6th. Finally, Peel Hunt upgraded shares of Taylor Wimpey to a “hold” rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Taylor Wimpey currently has an average rating of “Hold”.

Taylor Wimpey Trading Down 2.0%

Taylor Wimpey stock opened at $14.00 on Thursday. Taylor Wimpey has a 52 week low of $12.32 and a 52 week high of $21.78. The firm’s 50-day simple moving average is $13.52 and its 200 day simple moving average is $14.72.

Taylor Wimpey Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, October 13th will be given a $0.5591 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a yield of 800.0%.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.