Dunelm Group plc (LON:DNLM) Insider Ajay Kavan Purchases 2,471 Shares of Stock

Dunelm Group plc (LON:DNLM) insider Ajay Kavan acquired 2,471 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were bought at an average price of GBX 1,012 ($12.71) per share, for a total transaction of £25,006.52 ($31,415.23).

Dunelm Group Stock Up 0.5 %

DNLM opened at GBX 1,015 ($12.75) on Thursday. The stock has a fifty day moving average of GBX 1,075.22 and a 200-day moving average of GBX 1,074.55. The company has a market capitalization of £2.05 billion, a P/E ratio of 1,390.41, a P/E/G ratio of -10.32 and a beta of 1.09. Dunelm Group plc has a fifty-two week low of GBX 959 ($12.05) and a fifty-two week high of GBX 1,335.54 ($16.78). The company has a debt-to-equity ratio of 169.49, a quick ratio of 0.16 and a current ratio of 1.06.

Dunelm Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 9th. Shareholders of record on Thursday, March 14th were paid a GBX 51 ($0.64) dividend. This is a boost from Dunelm Group’s previous dividend of $27.00. The ex-dividend date was Thursday, March 14th. This represents a yield of 4.7%. Dunelm Group’s payout ratio is 5,890.41%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DNLM shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,200 ($15.08) price objective on shares of Dunelm Group in a research note on Thursday, April 18th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,410 ($17.71) price objective on shares of Dunelm Group in a research note on Thursday, April 18th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Dunelm Group has a consensus rating of “Hold” and a consensus price target of GBX 1,189 ($14.94).

About Dunelm Group

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.