Pets at Home Group Plc (LON:PETS) Insider Michael Iddon Sells 56,281 Shares of Stock

Pets at Home Group Plc (LON:PETS) insider Michael Iddon sold 56,281 shares of the stock in a transaction on Monday, June 24th. The shares were sold at an average price of GBX 310 ($3.93), for a total value of £174,471.10 ($221,325.76).

Michael Iddon also recently made the following trade(s):

• On Monday, June 17th, Michael Iddon sold 17,832 shares of Pets at Home Group stock. The shares were sold at an average price of GBX 289 ($3.67), for a total value of £51,534.48 ($65,374.20).

Pets at Home Group Trading Down 0.9 %

Shares of PETS stock opened at GBX 299.20 ($3.80) on Friday. The business’s 50 day moving average is GBX 295.05 and its two-hundred day moving average is GBX 290.23. Pets at Home Group Plc has a twelve month low of GBX 251 ($3.18) and a twelve month high of GBX 400.20 ($5.08). The company has a market capitalization of £1.40 billion, a P/E ratio of 1,870.00, a price-to-earnings-growth ratio of 2.66 and a beta of 0.55. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 45.27.

Pets at Home Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 16th. Investors of record on Thursday, June 6th will be paid a GBX 8.30 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from Pets at Home Group’s previous dividend of $4.50. This represents a dividend yield of 2.93%. Pets at Home Group’s payout ratio is 8,125.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PETS. Berenberg Bank lowered their target price on Pets at Home Group from GBX 390 ($4.95) to GBX 330 ($4.19) and set a “hold” rating for the company in a report on Thursday, May 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 425 ($5.39) price target on shares of Pets at Home Group in a research report on Wednesday, March 20th.

About Pets at Home Group

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.