Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Acquires £150.78 in Stock

J D Wetherspoon plc (LON:JDW) insider Ben Whitley purchased 21 shares of J D Wetherspoon stock in a transaction dated Monday, October 21st. The shares were 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

Shares of LON:JDW opened at GBX 690 ($8.96) on Friday. The company has a debt-to-equity ratio of 284.38, a current ratio of 0.35 and a quick ratio of 0.19. The stock has a market capitalization of £852.98 million, a P/E ratio of 1,769.23, a P/E/G ratio of 3.39 and a beta of 1.34. The business has a 50-day moving average of GBX 726.95 and a two-hundred day moving average of GBX 742.05. J D Wetherspoon plc has a fifty-two week low of GBX 587 ($7.62) and a fifty-two week high of GBX 862.50 ($11.20).

J D Wetherspoon Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, October 24th will be given a dividend of GBX 12 ($0.16) per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 1.64%. This is a boost from J D Wetherspoon’s previous dividend of $8.00. J D Wetherspoon’s dividend payout ratio is presently 3,076.92%.

Analysts Set New Price Targets

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

About J D Wetherspoon

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.