Insider Buying: Harworth Group (LON:HWG) Insider Acquires 101 Shares of Stock

Harworth Group plc (LON:HWG) insider Katerina Patmore bought 101 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were acquired at an average cost of GBX 150 per share, for a total transaction of £151.50.

Katerina Patmore also recently made the following trade(s):

• On Tuesday, March 10th, Katerina Patmore purchased 89 shares of Harworth Group stock. The stock was acquired at an average cost of GBX 167 per share, with a total value of £148.63.
• On Monday, February 16th, Katerina Patmore acquired 94 shares of Harworth Group stock. The shares were acquired at an average price of GBX 161 per share, for a total transaction of £151.34.

Harworth Group Stock Up 1.4%

Shares of HWG traded up GBX 2 during trading on Thursday, reaching GBX 148. The company’s stock had a trading volume of 735,248 shares, compared to its average volume of 324,560. The company has a market cap of £480.69 million, a price-to-earnings ratio of 52.86 and a beta of 0.63. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. The company has a fifty day moving average of GBX 160.06 and a two-hundred day moving average of GBX 162.78. Harworth Group plc has a twelve month low of GBX 141.39 and a twelve month high of GBX 190.50.

Harworth Group (LON:HWG) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share for the quarter. Harworth Group had a net margin of 7.30% and a return on equity of 1.36%. On average, sell-side analysts predict that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HWG shares. Berenberg Bank increased their target price on Harworth Group from GBX 201 to GBX 202 and gave the stock a “buy” rating in a report on Monday, January 26th. Panmure Gordon reiterated a “buy” rating and issued a GBX 215 price target on shares of Harworth Group in a report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Harworth Group presently has a consensus rating of “Buy” and an average target price of GBX 209.75.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.