Dunelm Group plc (LON:DNLM) Insider Nick Wilkinson Sells 28,236 Shares

Dunelm Group plc (LON:DNLM) insider Nick Wilkinson sold 28,236 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 1,161 ($15.06), for a total value of £327,819.96 ($425,132.88).

Dunelm Group Price Performance

LON:DNLM opened at GBX 1,162 ($15.07) on Thursday. The firm has a market capitalization of £2.35 billion, a price-to-earnings ratio of 1,570.27, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group plc has a 52-week low of GBX 959 ($12.44) and a 52-week high of GBX 1,279 ($16.59). The stock has a fifty day moving average of GBX 1,205.53 and a 200 day moving average of GBX 1,135.05. 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 company also recently declared a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 27.50 ($0.36) 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 5,945.95%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.75) price target on shares of Dunelm Group in a report on Thursday, September 12th. Berenberg Bank raised their price target on Dunelm Group from GBX 1,410 ($18.29) to GBX 1,470 ($19.06) and gave the stock a “buy” rating in a report on Tuesday, September 17th. JPMorgan Chase & Co. raised their price target on Dunelm Group from GBX 1,140 ($14.78) to GBX 1,170 ($15.17) and gave the stock a “neutral” rating in a report on Tuesday, September 24th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a research note on Thursday, October 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($17.18) price objective on shares of Dunelm Group in a research note on Thursday, October 24th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Dunelm Group presently has an average rating of “Hold” and an average target price of GBX 1,220.83 ($15.83).

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.