Peel Hunt restated their hold rating on shares of Headlam Group plc (LON:HEAD) in a report released on Wednesday. Peel Hunt currently has a GBX 450 ($5.87) target price on the stock.

Headlam Group plc (LON:HEAD) opened at 461.00 on Wednesday. The company’s 50 day moving average is GBX 457.73 and its 200-day moving average is GBX 474.60. Headlam Group plc has a 52-week low of GBX 408.00 and a 52-week high of GBX 550.00. The stock’s market cap is GBX 387.39 million.

The company also recently disclosed a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, December 1st will be given a GBX 6.70 ($0.09) dividend. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, December 1st. This is a positive change from Headlam Group plc’s previous dividend of $6.00.

In other news, insider Wilson,S G acquired 50,000 shares of the business’s stock in a transaction dated Thursday, September 15th. The stock was acquired at an average price of GBX 447 ($5.83) per share, with a total value of £223,500 ($291,737.37).

About Headlam Group plc

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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