Computacenter plc (LON:CCC) Insider Michael J. Norris Sells 1,571 Shares

Computacenter plc (LON:CCC) insider Michael J. Norris sold 1,571 shares of Computacenter stock in a transaction on Monday, March 31st. The shares were sold at an average price of GBX 2,432 ($31.58), for a total value of £38,206.72 ($49,612.67).

Computacenter Trading Down 0.8 %

Shares of CCC stock opened at GBX 2,463.20 ($31.99) on Thursday. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95. The stock has a 50 day simple moving average of GBX 2,312.52 and a 200-day simple moving average of GBX 2,282.88. The company has a market cap of £2.61 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 6.99 and a beta of 0.71. Computacenter plc has a 1-year low of GBX 2,020 ($26.23) and a 1-year high of GBX 3,004 ($39.01).

Computacenter (LON:CCC) last released its earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.10) earnings per share (EPS) for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. On average, equities research analysts expect that Computacenter plc will post 187.5 EPS for the current fiscal year.

Computacenter Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be paid a dividend of GBX 474 ($6.16) per share. This is a boost from Computacenter’s previous dividend of $23.30. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 1.83%. Computacenter’s dividend payout ratio (DPR) is 47.51%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CCC. Jefferies Financial Group restated a “buy” rating and set a GBX 3,400 ($44.15) target price on shares of Computacenter in a research note on Tuesday, December 17th. Berenberg Bank restated a “hold” rating and issued a GBX 2,425 ($31.49) target price on shares of Computacenter in a research note on Tuesday, March 18th.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.