Dame Karen Jones Buys 900 Shares of Whitbread plc (LON:WTB) Stock

Whitbread plc (LON:WTB) insider Dame Karen Jones purchased 900 shares of the stock in a transaction on Friday, May 3rd. The shares were purchased at an average price of GBX 3,004 ($37.73) per share, for a total transaction of £27,036 ($33,960.56).

Whitbread Price Performance

WTB stock opened at GBX 3,007 ($37.77) on Friday. The firm has a market cap of £5.54 billion, a P/E ratio of 1,879.38, a P/E/G ratio of -3.09 and a beta of 1.08. The firm’s fifty day moving average is GBX 3,210.51 and its 200 day moving average is GBX 3,363.32. Whitbread plc has a 52 week low of GBX 2,983.63 ($37.48) and a 52 week high of GBX 3,714 ($46.65). The company has a debt-to-equity ratio of 144.72, a quick ratio of 1.74 and a current ratio of 1.02.

Whitbread Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 62.90 ($0.79) per share. This is a boost from Whitbread’s previous dividend of $34.10. This represents a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 23rd. Whitbread’s dividend payout ratio (DPR) is 6,062.50%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Whitbread in a research report on Tuesday, April 30th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 4,192.50 ($52.66).

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels with rooms in the United Kingdom; Middle East; and Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.