Insider Buying: Taylor Wimpey (LON:TW) Insider Acquires 138 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney bought 138 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was purchased at an average cost of GBX 108 per share, for a total transaction of £149.04.

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

• On Thursday, January 8th, Chris Carney bought 140 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 108 per share, with a total value of £151.20.
• On Monday, December 8th, Chris Carney purchased 147 shares of Taylor Wimpey stock. The shares were acquired at an average cost of GBX 102 per share, for a total transaction of £149.94.

Taylor Wimpey Stock Performance

LON TW traded down GBX 0.40 during trading hours on Tuesday, hitting GBX 107.10. 27,756,516 shares of the company traded hands, compared to its average volume of 2,409,451. The stock has a market cap of £3.85 billion, a PE ratio of 15.62, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The stock has a fifty day simple moving average of GBX 105.35 and a 200-day simple moving average of GBX 103.12. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Citigroup lowered their price objective on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating on the stock in a research note on Friday, January 16th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 150 target price on shares of Taylor Wimpey in a research note on Friday, January 16th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 128 price target on shares of Taylor Wimpey in a report on Thursday, January 15th. JPMorgan Chase & Co. reduced their target price on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a report on Thursday, December 4th. Finally, Jefferies Financial Group decreased their price target on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a research note on Monday, January 19th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 126.

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.