Compass Group PLC (LON:CPG) Insider Sells £3,225,581.32 in Stock

Compass Group PLC (LON:CPG) insider Dominic Blakemore sold 119,821 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.17), for a total transaction of £3,225,581.32 ($4,094,416.50).

Compass Group Stock Performance

LON CPG traded up GBX 2.04 ($0.03) during trading hours on Friday, reaching GBX 2,693.04 ($34.18). The company’s stock had a trading volume of 2,143,950 shares, compared to its average volume of 4,956,386. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. The business has a 50-day simple moving average of GBX 2,515.41 and a 200 day simple moving average of GBX 2,357.66. Compass Group PLC has a 52 week low of GBX 1,999.50 ($25.38) and a 52 week high of GBX 2,747 ($34.87). The stock has a market cap of £45.78 billion, a PE ratio of 3,547.37, a PEG ratio of 1.42 and a beta of 0.81.

Compass Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, January 16th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 1.17%. This is a boost from Compass Group’s previous dividend of $0.21. Compass Group’s dividend payout ratio (DPR) is currently 5,789.47%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. increased their price target on shares of Compass Group from GBX 2,600 ($33.00) to GBX 2,800 ($35.54) and gave the stock an “overweight” rating in a research report on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Compass Group currently has an average rating of “Buy” and a consensus target price of GBX 2,600 ($33.00).

About Compass Group

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.