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 the firm’s stock in a transaction dated 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 0.4 %

LON DNLM opened at GBX 1,162 ($15.07) on Thursday. 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 stock has a market capitalization of £2.35 billion, a PE ratio of 1,570.27, a PEG 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). The business’s 50-day moving average is GBX 1,205.53 and its 200 day moving average is GBX 1,135.05.

Dunelm Group Cuts Dividend

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

Analysts Set New Price Targets

DNLM has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,060 ($13.75) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Shore Capital reiterated 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 stock a “buy” rating in a report on Tuesday, September 17th. JPMorgan Chase & Co. lifted 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. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,325 ($17.18) price objective on shares of Dunelm Group in a report on Thursday, October 24th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price 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.