Bellway (BWY)

Sector:

Household Goods

Index:

FTSE 250

1,906.50p
   
  • Change Today:
    -171.50p
  • 52 Week High: 4,310.00p
  • 52 Week Low: 1,879.00p
  • Currency: UK Pounds
  • Shares Issued: 123.34m
  • Volume: 719,484
  • Market Cap: £2,351.44m
  • RiskGrade: 357

FTSE 250 movers: Virgin Money soars, Future falters

By Duncan Ferris

Date: Thursday 28 Nov 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher.

The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend.

AJ Bell analyst Russ Mould said: "Expectations were pitched fairly low heading into today's announcement so the company's solid if unspectacular performance across several metrics has been treated with a sigh of relief.

"While the lack of a dividend is disappointing, given that many people invest in banks purely for income, it may also be prudent given that Virgin Money faced a big last minute surge in PPI claims and it also incurred larger than expected restructuring costs during the period."

UK residential landlord Grainger was also in the green after it agreed to forward fund a 132-home private development in London's Canning Town for £55.5m.

Pets at Home rose after analysts at Liberum lifted the stock's price target to 300p from 240p following the pet supplies retailer's interim results earlier in the week.

Payment services company PayPoint climbed after reporting an increase in interim revenue, though profit declined on the back of increased costs.

Down at the other end of the index, Future continued to lead the fallers after the publisher's senior management on trimmed their holdings in the media firm as part of a £44.0m share sale on Wednesday.

Online gaming and sports betting software company Playtech suffered heavy losses on the back of price target cuts from JPMorgan, UBS and Deutsche Bank.

Micro Focus and Bellway were both lower after going ex dividend, while Go-Ahead Group fell after it said the performance of regional bus operations has been "slightly weaker" than expected in recent months.

Marine services company James Fisher dropped after stating it expected full year profits to be "modestly below" expectations but ahead of last year's £56.1m.

Market Movers

FTSE 250 (MCX) 21,008.02 0.26%


FTSE 250 - Risers

Virgin Money UK (VMUK) 173.60p 21.40%
FDM Group (Holdings) (FDM) 954.00p 4.38%
Grainger (GRI) 293.40p 4.12%
TI Fluid Systems (TIFS) 232.50p 4.03%
Airtel Africa (AAF) 77.35p 3.90%
Pets at Home Group (PETS) 257.60p 3.87%
PayPoint (PAY) 1,016.00p 3.36%
UDG Healthcare Public Limited Company (UDG) 835.00p 3.09%
CLS Holdings (CLI) 284.00p 3.09%
Royal Mail (RMG) 217.80p 2.69%

FTSE 250 - Fallers

Future (FUTR) 1,358.00p -6.09%
Playtech (PTEC) 375.80p -5.91%
Micro Focus International (MCRO) 1,114.80p -2.93%
Go-Ahead Group (GOG) 2,216.00p -2.72%
Electrocomponents (ECM) 657.80p -2.55%
GVC Holdings (GVC) 866.60p -2.52%
Kainos Group (KNOS) 612.00p -1.92%
Ultra Electronics Holdings (ULE) 2,092.00p -1.88%
Bellway (BWY) 3,413.00p -1.78%
Fisher (James) & Sons (FSJ) 1,896.00p -1.76%

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bellway Market Data

Currency UK Pounds
Share Price 1,906.50p
Change Today -171.50p
% Change -8.25 %
52 Week High 4,310.00p
52 Week Low 1,879.00p
Volume 719,484
Shares Issued 123.34m
Market Cap £2,351.44m
RiskGrade 357

Bellway Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.98% above the market average67.98% above the market average67.98% above the market average67.98% above the market average67.98% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
41.69% below the market average41.69% below the market average41.69% below the market average41.69% below the market average41.69% below the market average
15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average
Income
80.28% above the market average80.28% above the market average80.28% above the market average80.28% above the market average80.28% above the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Growth
5.03% above the market average5.03% above the market average5.03% above the market average5.03% above the market average5.03% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 11
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 15
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bellway Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Nov-19 23-May-19
Paid 08-Jan-20 04-Jul-19
Amount 100.00p 50.40p

Trades for 03-Apr-2020

Time Volume / Share Price
16:57 14,174 @ 1,953.65p
16:35 125,020 @ 1,906.50p
16:29 38 @ 1,908.50p
16:29 48 @ 1,906.00p
16:29 155 @ 1,908.00p

Bellway Key Personnel

Chair Paul Hampden Smith
CEO Jason Honeyman

Top of Page