Watkin Jones (LON:WJG) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Watkin Jones (LON:WJG) in a research note published on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reiterated a hold rating on shares of Assura in a research note on Tuesday, May 21st.

Shares of WJG stock traded up GBX 2.50 ($0.03) during trading hours on Tuesday, reaching GBX 203 ($2.65). 193,856 shares of the company traded hands, compared to its average volume of 648,788. The stock has a market cap of $519.12 million and a P/E ratio of 11.87. Watkin Jones has a 12-month low of GBX 185.40 ($2.42) and a 12-month high of GBX 238.50 ($3.12). The stock’s 50-day moving average price is GBX 207.46. The company has a debt-to-equity ratio of 24.58, a quick ratio of 1.31 and a current ratio of 3.18.

The company also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 6th were paid a GBX 2.75 ($0.04) dividend. The ex-dividend date was Thursday, June 6th. This represents a yield of 1.22%. Watkin Jones’s dividend payout ratio (DPR) is 0.35%.

In other Watkin Jones news, insider Richard Simpson sold 172,500 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of GBX 205 ($2.68), for a total value of £353,625 ($462,073.70).

Watkin Jones Company Profile

Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.

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