Dunelm Group plc (LON:DNLM) Insider Sells £327,819.96 in Stock

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

Dunelm Group Stock Up 0.2 %

Shares of DNLM traded up GBX 2 ($0.03) on Wednesday, hitting GBX 1,159 ($15.03). The company’s stock had a trading volume of 237,501 shares, compared to its average volume of 348,428. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The firm’s fifty day moving average price is GBX 1,206.83 and its 200-day moving average price is GBX 1,134.88. Dunelm Group plc has a fifty-two week low of GBX 959 ($12.44) and a fifty-two week high of GBX 1,279 ($16.59). The firm has a market capitalization of £2.34 billion, a price-to-earnings ratio of 1,567.57, a P/E/G ratio of -10.32 and a beta of 1.18.

Dunelm Group Cuts Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DNLM. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,060 ($13.75) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Shore Capital reissued a “not rated” rating on shares of Dunelm Group in a report on Thursday, October 24th. Berenberg Bank lifted their price objective on 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. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,325 ($17.18) price objective on shares of Dunelm Group in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. boosted their price objective 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. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Dunelm Group has an average rating of “Hold” and a consensus price target 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.