Taylor Wimpey (LON:TW) Insider Jennie Daly Buys 157 Shares

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 157 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were bought at an average price of GBX 96 per share, with a total value of £150.72.

Jennie Daly also recently made the following trade(s):

• On Thursday, March 5th, Jennie Daly sold 490,379 shares of Taylor Wimpey stock. The shares were sold at an average price of GBX 101, for a total transaction of £495,282.79.
• On Monday, February 9th, Jennie Daly acquired 139 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 108 per share, with a total value of £150.12.
• On Thursday, January 8th, Jennie Daly bought 139 shares of Taylor Wimpey stock. The shares were purchased at an average cost of GBX 108 per share, for a total transaction of £150.12.

Taylor Wimpey Stock Down 2.2%

LON TW opened at GBX 96.24 on Wednesday. The company has a fifty day simple moving average of GBX 108.77 and a 200-day simple moving average of GBX 104.35. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The company has a market capitalization of £3.46 billion, a PE ratio of 14.04, a P/E/G ratio of 2.04 and a beta of 1.35.

Taylor Wimpey (LON:TW) last announced its quarterly earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 2.61% and a return on equity of 2.40%. Research analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Taylor Wimpey announced that its Board of Directors has approved a stock repurchase plan on Thursday, March 5th that allows the company to buyback 0 shares. This buyback authorization allows the homebuilder to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Trending Headlines about Taylor Wimpey

Here are the key news stories impacting Taylor Wimpey this week:

• Positive Sentiment: Two insiders (Chris Carney and Jennie Daly) made small open-market purchases (157 shares each at GBX 96 on 9 Mar), which can be read as a modest signal of confidence from management. Insider Trades
• Neutral Sentiment: A retail piece notes how a hypothetical £7,500 holding in Taylor Wimpey performed over 18 months — useful for retail investor sentiment but not material company news. MSN Article
• Negative Sentiment: Berenberg cut its price target on Taylor Wimpey from GBX 128 to GBX 120 (but kept a “buy” rating). A lower target from a well-known broker can weigh on sentiment and act as a catalyst for downside pressure. Digital Look
• Negative Sentiment: Large insider selling: Chris Carney sold 329,993 shares on 5 Mar (avg GBX 101) for ~£333k. The scale of that sale is likely a primary negative driver for the share-price drop despite subsequent small purchases. Sale Report

Analyst Ratings Changes

Several analysts have commented on TW shares. The Goldman Sachs Group initiated coverage on shares of Taylor Wimpey in a report on Monday, November 24th. They set a “neutral” rating and a GBX 109 target price on the stock. JPMorgan Chase & Co. dropped their price objective on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. Berenberg Bank dropped their target price on shares of Taylor Wimpey from GBX 128 to GBX 120 and set a “buy” rating on the stock in a report on Tuesday. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 120 price target on shares of Taylor Wimpey in a report on Thursday, March 5th. Finally, Jefferies Financial Group reduced their price objective on Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating for the company in a report on Monday, January 19th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 124.44.

Taylor Wimpey Company Profile

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.