J D Wetherspoon plc (LON:JDW) insider John Hutson purchased 8,384 shares of the firm’s stock in a transaction on Monday, September 17th. The shares were acquired at an average cost of GBX 1,263 ($16.45) per share, for a total transaction of £105,889.92 ($137,931.38).
Shares of LON JDW traded up GBX 21 ($0.27) during mid-day trading on Monday, hitting GBX 1,284 ($16.73). The stock had a trading volume of 124,820 shares, compared to its average volume of 143,568. J D Wetherspoon plc has a 1 year low of GBX 926.50 ($12.07) and a 1 year high of GBX 1,346.14 ($17.53).
The business also recently declared a dividend, which will be paid on Thursday, November 29th. Investors of record on Thursday, October 25th will be issued a GBX 8 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, October 25th. This represents a yield of 0.63%. This is a boost from J D Wetherspoon’s previous dividend of $4.00.
JDW has been the topic of several research reports. Liberum Capital reissued a “hold” rating and set a GBX 1,330 ($17.32) price target on shares of J D Wetherspoon in a research note on Wednesday, July 11th. Citigroup downgraded shares of J D Wetherspoon to a “sell” rating in a research note on Monday, September 3rd. Shore Capital reissued a “sell” rating on shares of J D Wetherspoon in a research note on Wednesday, July 11th. Peel Hunt raised shares of J D Wetherspoon to an “add” rating and lifted their price target for the stock from GBX 1,200 ($15.63) to GBX 1,300 ($16.93) in a research note on Wednesday, July 11th. Finally, Berenberg Bank raised shares of J D Wetherspoon to a “buy” rating and lifted their price target for the stock from GBX 1,150 ($14.98) to GBX 1,450 ($18.89) in a research note on Tuesday, September 11th. Six analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,206.09 ($15.71).
J D Wetherspoon Company Profile
J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.
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