Taylor Wimpey (LON:TW) Insider Chris Carney Buys 184 Shares

Taylor Wimpey plc (LON:TW) insider Chris Carney acquired 184 shares of the stock in a transaction dated Tuesday, September 8th. The stock was bought at an average price of GBX 82 per share, for a total transaction of £150.88.

Chris Carney also recently made the following trade(s):

• On Wednesday, July 8th, Chris Carney bought 197 shares of Taylor Wimpey stock. The stock was bought at an average cost of GBX 76 per share, with a total value of £149.72.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock traded down GBX 0.06 during midday trading on Wednesday, hitting GBX 81.64. 9,513,107 shares of the company were exchanged, compared to its average volume of 2,409,451. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The company has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 2.04 and a beta of 1.30. The firm has a 50 day simple moving average of GBX 82.37 and a 200 day simple moving average of GBX 85.39.

Taylor Wimpey (LON:TW) last announced its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. Equities research analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TW. JPMorgan Chase & Co. cut their price target on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a report on Tuesday, June 16th. Berenberg Bank decreased their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and dropped their price objective for the stock from GBX 115 to GBX 110 in a report on Monday, August 3rd. Jefferies Financial Group cut their target price on shares of Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Finally, Citigroup reduced their target price on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 99.20.

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.