Dunelm Group plc (LON:DNLM) insider Keith Down sold 8,000 shares of the business’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of GBX 647 ($8.72), for a total value of £51,760 ($69,785.63).
Shares of Dunelm Group plc (DNLM) traded up 0.08% during mid-day trading on Wednesday, reaching GBX 639.50. The company had a trading volume of 177,702 shares. The company’s market capitalization is GBX 1.29 billion. Dunelm Group plc has a 12-month low of GBX 541.50 and a 12-month high of GBX 880.50. The firm has a 50-day moving average of GBX 621.27 and a 200-day moving average of GBX 616.23.
The business also recently disclosed a dividend, which will be paid on Friday, November 24th. Shareholders of record on Thursday, November 2nd will be issued a GBX 19.50 ($0.26) dividend. The ex-dividend date is Thursday, November 2nd. This is a positive change from Dunelm Group plc’s previous dividend of $6.50. This represents a yield of 3%.
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A number of research analysts have recently issued reports on DNLM shares. HSBC Holdings plc reissued a “hold” rating and issued a GBX 600 ($8.09) price objective on shares of Dunelm Group plc in a research note on Friday, July 21st. Jefferies Group LLC reissued an “underperform” rating and issued a GBX 515 ($6.94) price objective on shares of Dunelm Group plc in a research note on Wednesday, July 5th. Deutsche Bank AG dropped their price objective on Dunelm Group plc from GBX 665 ($8.97) to GBX 630 ($8.49) and set a “hold” rating on the stock in a research note on Friday, September 8th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 760 ($10.25) price objective on shares of Dunelm Group plc in a research note on Monday, July 10th. Finally, Canaccord Genuity dropped their price objective on Dunelm Group plc from GBX 798 ($10.76) to GBX 752 ($10.14) and set a “buy” rating on the stock in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. Dunelm Group plc presently has a consensus rating of “Hold” and an average target price of GBX 694.27 ($9.36).
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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