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

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

Dunelm Group Price Performance

Shares of Dunelm Group stock opened at GBX 1,020 ($12.81) on Friday. The company has a debt-to-equity ratio of 169.49, a quick ratio of 0.16 and a current ratio of 1.06. 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 company has a fifty day moving average of GBX 1,072.64 and a 200-day moving average of GBX 1,074.17. The stock has a market capitalization of £2.06 billion, a price-to-earnings ratio of 1,397.26, a price-to-earnings-growth ratio of -10.32 and a beta of 1.09.

Dunelm Group Increases Dividend

The firm also recently declared 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 represents a yield of 4.7%. This is a positive change from Dunelm Group’s previous dividend of $27.00. The ex-dividend date was Thursday, March 14th. Dunelm Group’s dividend payout ratio is presently 5,890.41%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,200 ($15.08) target price on shares of Dunelm Group in a research note on Thursday, April 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,410 ($17.71) price objective on shares of Dunelm Group in a report on Thursday, April 18th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 1,189 ($14.94).

About Dunelm Group

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.