Canaccord Genuity Group reissued their buy rating on shares of Pets at Home Group (LON:PETS – Free Report) in a research report report published on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 350 ($4.50) target price on the stock.
Separately, Berenberg Bank decreased their target price on shares of Pets at Home Group from GBX 390 ($5.02) to GBX 330 ($4.24) and set a hold rating for the company in a research report on Thursday, May 30th.
Check Out Our Latest Report on Pets at Home Group
Pets at Home Group Stock Performance
Pets at Home Group Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, July 16th. Investors of record on Thursday, June 6th were given a GBX 8.30 ($0.11) dividend. This represents a yield of 2.93%. The ex-dividend date of this dividend was Thursday, June 6th. This is a positive change from Pets at Home Group’s previous dividend of $4.50. Pets at Home Group’s dividend payout ratio is currently 8,125.00%.
Insider Activity
In other news, insider Michael Iddon sold 56,281 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of GBX 310 ($3.99), for a total transaction of £174,471.10 ($224,428.99). Insiders own 6.90% of the company’s stock.
Pets at Home Group Company Profile
Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.
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