Taylor Wimpey (LON:TW) Insider Jennie Daly Purchases 139,270 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 139,270 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was acquired at an average cost of GBX 86 per share, for a total transaction of £119,772.20.

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

• On Monday, March 9th, Jennie Daly bought 157 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 96 per share, with a total value of £150.72.
• On Thursday, March 5th, Jennie Daly sold 490,379 shares of Taylor Wimpey stock. The stock was sold at an average price of GBX 101, for a total transaction of £495,282.79.
• On Monday, February 9th, Jennie Daly purchased 139 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 108 per share, with a total value of £150.12.
• On Thursday, January 8th, Jennie Daly purchased 139 shares of Taylor Wimpey stock. The stock was bought at an average cost of GBX 108 per share, for a total transaction of £150.12.

Taylor Wimpey Price Performance

TW opened at GBX 85.72 on Thursday. The company has a quick ratio of 0.71, a current ratio of 4.96 and a debt-to-equity ratio of 2.96. The firm has a market capitalization of £3.08 billion, a PE ratio of 12.51, a PEG ratio of 2.04 and a beta of 1.35. The company has a 50-day moving average of GBX 105.49 and a two-hundred day moving average of GBX 103.96.

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

Taylor Wimpey declared that its Board of Directors has approved a stock repurchase program on Thursday, March 5th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the homebuilder to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

TW has been the topic of several research reports. Jefferies Financial Group cut their price objective on Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a research note on Monday, January 19th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 120 target price on shares of Taylor Wimpey in a research report on Thursday, March 5th. Citigroup lowered their price target on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 150 price target on shares of Taylor Wimpey in a research report on Friday, January 16th. Finally, Berenberg Bank reduced their price objective on Taylor Wimpey from GBX 128 to GBX 120 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 124.44.

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.