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

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

Dunelm Group Trading Up 0.5 %

LON DNLM opened at GBX 1,015 ($12.75) on Thursday. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49. The firm has a 50-day moving average price of GBX 1,075.22 and a 200 day moving average price of GBX 1,074.55. Dunelm Group plc has a 52-week low of GBX 959 ($12.05) and a 52-week high of GBX 1,335.54 ($16.78). The stock 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 Increases Dividend

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

Wall Street Analyst Weigh In

DNLM has been the subject of a number of research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,200 ($15.08) target price on shares of Dunelm Group in a report on Thursday, April 18th. Berenberg Bank reissued a “buy” rating and set a GBX 1,410 ($17.71) price target on shares of Dunelm Group in a report on Thursday, April 18th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 1,189 ($14.94).

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.