Insider Selling: Pets at Home Group Plc (LON:PETS) Insider Sells £174,471.10 in Stock

Pets at Home Group Plc (LON:PETS) insider Michael Iddon sold 56,281 shares of the company’s stock in a transaction dated 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 stock was 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 Stock Down 1.3 %

Pets at Home Group stock opened at GBX 295.40 ($3.75) on Friday. The business’s 50-day simple moving average is GBX 295.43 and its two-hundred day simple moving average is GBX 290.02. The company has a debt-to-equity ratio of 45.27, a quick ratio of 0.57 and a current ratio of 0.65. The company has a market cap of £1.38 billion, a PE ratio of 1,846.25, a PEG ratio of 2.66 and a beta of 0.55. Pets at Home Group Plc has a fifty-two week low of GBX 251 ($3.18) and a fifty-two week high of GBX 400.20 ($5.08).

Pets at Home Group Increases Dividend

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

Analyst Ratings Changes

A number of analysts recently commented on PETS shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 425 ($5.39) target price on shares of Pets at Home Group in a research note on Wednesday, March 20th. Berenberg Bank decreased their price target on shares of 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.

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.