Dunelm Group plc (LON:DNLM) Insider Luisa Wright Acquires 2,452 Shares

Dunelm Group plc (LON:DNLM) insider Luisa Wright purchased 2,452 shares of the company’s stock in a transaction on Wednesday, October 2nd. The stock was acquired at an average price of GBX 1,139 ($15.24) per share, with a total value of £27,928.28 ($37,357.25).

Dunelm Group Stock Performance

LON:DNLM opened at GBX 1,165 ($15.58) on Friday. The stock’s fifty day moving average is GBX 1,209.79 and its 200 day moving average is GBX 1,122.89. Dunelm Group plc has a fifty-two week low of GBX 959 ($12.83) and a fifty-two week high of GBX 1,279 ($17.11). The firm has a market capitalization of £2.36 billion, a PE ratio of 1,574.32, a PEG ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Dunelm Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, November 26th. Investors of record on Thursday, October 31st will be issued a dividend of GBX 27.50 ($0.37) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 2.23%. Dunelm Group’s payout ratio is presently 5,945.95%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Berenberg Bank upped their price target on Dunelm Group from GBX 1,410 ($18.86) to GBX 1,470 ($19.66) and gave the stock a “buy” rating in a research note on Tuesday, September 17th. JPMorgan Chase & Co. upped their price objective on Dunelm Group from GBX 1,140 ($15.25) to GBX 1,170 ($15.65) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,325 ($17.72) price objective on shares of Dunelm Group in a report on Tuesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,060 ($14.18) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,220.83 ($16.33).

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.