Insider Buying: Harworth Group (LON:HWG) Insider Acquires £149.24 in Stock

Harworth Group plc (LON:HWG) insider Katerina Patmore purchased 91 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average cost of GBX 164 per share, with a total value of £149.24.

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

• On Monday, November 17th, Katerina Patmore acquired 94 shares of Harworth Group stock. The stock was purchased at an average cost of GBX 161 per share, for a total transaction of £151.34.
• On Wednesday, October 15th, Katerina Patmore acquired 91 shares of Harworth Group stock. The shares were purchased at an average price of GBX 164 per share, for a total transaction of £149.24.
• On Monday, September 22nd, Katerina Patmore bought 5,787 shares of Harworth Group stock. The shares were purchased at an average cost of GBX 172 per share, with a total value of £9,953.64.

Harworth Group Trading Down 0.3%

HWG stock opened at GBX 163.50 on Friday. Harworth Group plc has a 52 week low of GBX 155 and a 52 week high of GBX 190.50. The company has a market capitalization of £530.08 million, a PE ratio of 10.41 and a beta of 0.74. The company’s 50-day simple moving average is GBX 163.11 and its 200 day simple moving average is GBX 171.98. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59.

Harworth Group (LON:HWG) last issued its quarterly earnings data on Tuesday, September 16th. The company reported GBX 3 earnings per share for the quarter. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%. As a group, sell-side analysts anticipate that Harworth Group plc will post 15.3212521 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HWG. Jefferies Financial Group lifted their price target on shares of Harworth Group from GBX 210 to GBX 212 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Peel Hunt restated a “buy” rating and set a GBX 210 price objective on shares of Harworth Group in a research note on Monday, September 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Harworth Group currently has a consensus rating of “Buy” and an average target price of GBX 211.

Harworth Group Company Profile

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.