Alan Giddins Purchases 50,500 Shares of Watkin Jones Plc (LON:WJG) Stock

Watkin Jones Plc (LON:WJG – Get Rating) insider Alan Giddins acquired 50,500 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The shares were purchased at an average cost of GBX 78 ($0.97) per share, for a total transaction of £39,390 ($48,992.54).

Watkin Jones Stock Down 0.4 %

LON WJG opened at GBX 76.50 ($0.95) on Wednesday. The business’s fifty day simple moving average is GBX 91.87 and its 200-day simple moving average is GBX 97.47. The company has a quick ratio of 1.55, a current ratio of 2.98 and a debt-to-equity ratio of 43.73. The firm has a market cap of £196.17 million, a PE ratio of 1,536.00 and a beta of 1.01. Watkin Jones Plc has a 52 week low of GBX 75.10 ($0.93) and a 52 week high of GBX 237.90 ($2.96).

Watkin Jones Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 8th will be issued a GBX 1.40 ($0.02) dividend. The ex-dividend date is Thursday, June 8th. This represents a yield of 1.45%. Watkin Jones’s payout ratio is 14,000.00%.

Analyst Ratings Changes

WJG has been the topic of a number of analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 175 ($2.18) price objective on shares of Watkin Jones in a research note on Monday, January 30th. Peel Hunt reissued a “buy” rating and issued a GBX 140 ($1.74) price target on shares of Watkin Jones in a research note on Tuesday.

About Watkin Jones

(Get Rating)

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management segments. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent property.