Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Acquires 21 Shares of Stock

J D Wetherspoon plc (LON:JDW) insider Ben Whitley acquired 21 shares of J D Wetherspoon stock in a transaction on Monday, October 21st. The stock was purchased at an average price of GBX 718 ($9.32) per share, with a total value of £150.78 ($195.77).

J D Wetherspoon Price Performance

JDW stock traded up GBX 2 ($0.03) on Tuesday, reaching GBX 710 ($9.22). 159,960 shares of the company’s stock were exchanged, compared to its average volume of 298,025. The stock has a fifty day moving average of GBX 729.78 and a 200-day moving average of GBX 742.79. J D Wetherspoon plc has a twelve month low of GBX 587 ($7.62) and a twelve month high of GBX 862.50 ($11.20). The firm has a market cap of £877.70 million, a PE ratio of 1,815.38, a P/E/G ratio of 3.39 and a beta of 1.34. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 284.38.

J D Wetherspoon Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be issued a dividend of GBX 12 ($0.16) per share. This represents a yield of 1.64%. The ex-dividend date of this dividend is Thursday, October 24th. This is a positive change from J D Wetherspoon’s previous dividend of $8.00. J D Wetherspoon’s dividend payout ratio is currently 3,076.92%.

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 4th.

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.