Constellation Software (OTCMKTS:CNSWF) Upgraded at UBS Group

UBS Group upgraded shares of Constellation Software (OTCMKTS:CNSWF) to a strong-buy rating in a report released on Thursday,Zacks.com reports.

Constellation Software Price Performance

OTCMKTS:CNSWF opened at $3,287.60 on Thursday. Constellation Software has a 12 month low of $2,310.56 and a 12 month high of $3,423.95. The stock has a 50 day moving average of $3,184.35 and a two-hundred day moving average of $3,029.34. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.27. The firm has a market cap of $69.66 billion, a P/E ratio of 118.77 and a beta of 1.04.

Constellation Software Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $4.00 annualized dividend and a yield of 0.12%. Constellation Software’s dividend payout ratio (DPR) is currently 14.45%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.