John Edward Billowits Sells 1,000 Shares of Constellation Software Inc. (TSE:CSU) Stock

Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of C$3,762.90, for a total value of C$3,762,900.00.

Constellation Software Trading Down 0.3 %

TSE:CSU opened at C$3,730.29 on Thursday. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 187.76. The business’s 50 day moving average is C$3,721.10 and its two-hundred day moving average is C$3,288.49. Constellation Software Inc. has a 52 week low of C$2,400.02 and a 52 week high of C$3,856.00. The company has a market cap of C$79.04 billion, a PE ratio of 102.76, a P/E/G ratio of 1.04 and a beta of 0.81.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 15th will be issued a dividend of $1.358 per share. This represents a $5.43 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date is Wednesday, March 27th. Constellation Software’s dividend payout ratio is presently 14.99%.

Analysts Set New Price Targets

CSU has been the subject of several analyst reports. Raymond James upped their target price on Constellation Software from C$3,150.00 to C$3,800.00 and gave the company a “market perform” rating in a research note on Thursday, March 7th. TD Securities increased their price target on Constellation Software from C$3,900.00 to C$4,050.00 and gave the company a “hold” rating in a report on Thursday, March 7th. Royal Bank of Canada increased their price target on Constellation Software from C$3,900.00 to C$4,300.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. BMO Capital Markets increased their price target on Constellation Software from C$3,600.00 to C$4,150.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Finally, CIBC increased their price target on Constellation Software from C$3,800.00 to C$4,100.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Two equities research analysts have 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 an average rating of “Moderate Buy” and an average price target of C$3,966.67.

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.