Whitbread plc (LON:WTB) insider Nicholas Cadbury sold 2,166 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of GBX 4,619 ($60.36), for a total transaction of £100,047.54 ($130,729.83).

WTB opened at GBX 4,630 ($60.50) on Monday. The company has a debt-to-equity ratio of 13.31, a current ratio of 5.90 and a quick ratio of 5.85. Whitbread plc has a 52 week low of GBX 3,870 ($50.57) and a 52 week high of GBX 5,162 ($67.45). The firm has a market cap of $8.03 billion and a price-to-earnings ratio of 2.28.

The firm also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 30th will be issued a dividend of GBX 67 ($0.88) per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Whitbread’s previous dividend of $32.70. Whitbread’s payout ratio is currently 0.05%.

A number of brokerages recently weighed in on WTB. HSBC lowered their price target on shares of Whitbread from GBX 5,400 ($70.56) to GBX 4,900 ($64.03) and set a “hold” rating for the company in a report on Tuesday, March 19th. UBS Group reissued a “neutral” rating on shares of Whitbread in a report on Thursday, February 14th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,400 ($70.56) price target (up previously from GBX 5,300 ($69.25)) on shares of Whitbread in a report on Friday, February 15th. Deutsche Bank lowered shares of Whitbread to a “hold” rating in a report on Friday, February 15th. Finally, Numis Securities lowered shares of Whitbread to a “hold” rating and set a GBX 5,400 ($70.56) price target for the company. in a report on Wednesday, April 10th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 5,003.85 ($65.38).

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Whitbread Company Profile

Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn and Costa. It operates approximately 785 hotels with 72,466 rooms in the United Kingdom, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, Bar+Block, and Table Table brands.

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