Jennifer Susan Dodge Sells 1,259 Shares of Spin Master Corp. (TSE:TOY) Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15.

Spin Master Price Performance

Shares of TOY stock opened at C$25.67 on Tuesday. The firm has a fifty day simple moving average of C$29.13 and a 200-day simple moving average of C$31.06. The company has a market capitalization of C$1.88 billion, a PE ratio of 60.75, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. Spin Master Corp. has a twelve month low of C$25.00 and a twelve month high of C$35.44. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61.

Spin Master Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.48 annualized dividend and a dividend yield of 1.87%. Spin Master’s dividend payout ratio is presently 113.60%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TOY. National Bankshares cut their price target on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 26th. Stifel Nicolaus reduced their target price on Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. Canaccord Genuity Group dropped their price target on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Royal Bank of Canada reduced their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Finally, TD Securities dropped their target price on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$37.75.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.