J D Wetherspoon plc (LON:JDW) insider Nigel Connor sold 1,613 shares of the stock in a transaction on Monday, March 18th. The shares were sold at an average price of GBX 1,310 ($17.12), for a total value of £21,130.30 ($27,610.48).
LON JDW opened at GBX 1,337 ($17.47) on Thursday. J D Wetherspoon plc has a one year low of GBX 1,051 ($13.73) and a one year high of GBX 1,341 ($17.52). The firm has a market capitalization of $1.38 billion and a P/E ratio of 21.16. The company has a debt-to-equity ratio of 289.07, a current ratio of 0.35 and a quick ratio of 0.22.
The business also recently announced a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 2nd will be paid a GBX 4 ($0.05) dividend. This represents a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, May 2nd. J D Wetherspoon’s dividend payout ratio (DPR) is presently 0.19%.
Several research analysts recently commented on JDW shares. Berenberg Bank increased their price objective on J D Wetherspoon to GBX 1,400 ($18.29) and gave the company a “buy” rating in a research note on Tuesday, February 5th. JPMorgan Chase & Co. increased their price objective on J D Wetherspoon from GBX 970 ($12.67) to GBX 1,070 ($13.98) and gave the company an “underweight” rating in a research note on Tuesday, March 5th. HSBC increased their price objective on J D Wetherspoon from GBX 1,310 ($17.12) to GBX 1,475 ($19.27) and gave the company a “buy” rating in a research note on Friday, February 22nd. Liberum Capital reissued a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, January 23rd. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 1,220 ($15.94) price objective on shares of J D Wetherspoon in a research note on Friday, March 15th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,258.89 ($16.45).
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J D Wetherspoon Company Profile
J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.
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