Bellway plc (LON:BWY) insider Keith Adey sold 4,800 shares of the stock in a transaction dated Monday, November 28th. The shares were sold at an average price of GBX 2,412 ($29.92), for a total transaction of £115,776 ($143,624.86).
Bellway plc (LON:BWY) opened at 2423.00 on Tuesday. The stock’s market cap is GBX 2.97 billion. Bellway plc has a 12 month low of GBX 1,622.00 and a 12 month high of GBX 2,897.51. The firm has a 50-day moving average of GBX 2,401.31 and a 200 day moving average of GBX 2,319.24.
The firm also recently declared a dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Thursday, December 1st will be issued a GBX 74 ($0.92) dividend. This represents a dividend yield of 3.1%. The ex-dividend date is Thursday, December 1st. This is an increase from Bellway plc’s previous dividend of $34.00.
BWY has been the subject of a number of recent research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 2,259 ($28.02) price objective on shares of Bellway plc in a report on Thursday, August 4th. Peel Hunt reiterated a “hold” rating and issued a GBX 2,990 ($37.09) price objective on shares of Bellway plc in a report on Friday, August 5th. Davy Research reiterated an “outperform” rating on shares of Bellway plc in a report on Friday, August 5th. Shore Capital reiterated an “under review” rating on shares of Bellway plc in a report on Friday, August 5th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 3,500 ($43.42) price target on shares of Bellway plc in a report on Monday, August 8th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 2,764.51 ($34.29).