J D Wetherspoon (OTCMKTS:JDWPY) Stock Rating Lowered by Zacks Investment Research

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Zacks Investment Research downgraded shares of J D Wetherspoon (OTCMKTS:JDWPY) from a hold rating to a sell rating in a research note published on Thursday, Zacks.com reports.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

Separately, Stifel Nicolaus began coverage on J D Wetherspoon in a report on Monday, March 25th. They issued a sell rating for the company.

OTCMKTS JDWPY opened at $86.97 on Thursday. The stock has a market capitalization of $1.90 billion, a P/E ratio of 20.42 and a beta of 0.51. J D Wetherspoon has a 12 month low of $69.47 and a 12 month high of $89.71.

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 3rd were paid a $0.244 dividend. The ex-dividend date of this dividend was Thursday, May 2nd. J D Wetherspoon’s payout ratio is 10.80%.

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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