Dunelm Group plc (LON:DNLM) Insider Karen Witts Purchases 8,375 Shares of Stock

Dunelm Group plc (LON:DNLM) insider Karen Witts purchased 8,375 shares of Dunelm Group stock in a transaction dated Thursday, October 31st. The stock was bought at an average cost of GBX 1,126 ($14.60) per share, for a total transaction of £94,302.50 ($122,296.07).

Dunelm Group Trading Up 1.4 %

Shares of DNLM stock opened at GBX 1,126 ($14.60) on Friday. The business’s fifty day moving average price is GBX 1,200.91 and its 200 day moving average price is GBX 1,135.10. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16. The firm has a market capitalization of £2.28 billion, a PE ratio of 1,521.62, a P/E/G ratio of -10.32 and a beta of 1.18. Dunelm Group plc has a 1-year low of GBX 959 ($12.44) and a 1-year high of GBX 1,279 ($16.59).

Dunelm Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be given a GBX 27.50 ($0.36) dividend. This represents a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. Dunelm Group’s dividend payout ratio is presently 5,945.95%.

Analyst Ratings Changes

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

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.