Compass Group PLC (LON:CPG) Insider Dominic Blakemore Sells 119,821 Shares

Compass Group PLC (LON:CPG) insider Dominic Blakemore sold 119,821 shares of Compass Group stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.29), for a total transaction of £3,225,581.32 ($4,108,497.41).

Compass Group Stock Up 0.1 %

LON:CPG opened at GBX 2,693.04 ($34.30) on Friday. The company has a market cap of £45.78 billion, a price-to-earnings ratio of 3,543.47, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. Compass Group PLC has a twelve month low of GBX 1,999.50 ($25.47) and a twelve month high of GBX 2,747 ($34.99). 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 stock has a fifty day simple moving average of GBX 2,520.55 and a 200-day simple moving average of GBX 2,361.07.

Compass Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, January 16th will be issued a dividend of $0.39 per share. This is a positive change from Compass Group’s previous dividend of $0.21. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 1.17%. Compass Group’s dividend payout ratio (DPR) is presently 5,789.47%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their target price on Compass Group from GBX 2,600 ($33.12) to GBX 2,800 ($35.66) and gave the company an “overweight” rating in a research report on Wednesday, September 11th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Compass Group has a consensus rating of “Buy” and a consensus target price of GBX 2,600 ($33.12).

Compass Group Company Profile

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.