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

Compass Group PLC (LON:CPG) insider Dominic Blakemore sold 119,821 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of GBX 2,692 ($34.17), for a total value of £3,225,581.32 ($4,094,416.50).

Compass Group Stock Up 0.1 %

Shares of Compass Group stock traded up GBX 2.04 ($0.03) during trading hours on Friday, hitting GBX 2,693.04 ($34.18). 2,143,950 shares of the company’s stock traded hands, compared to its average volume of 4,956,386. The stock has a 50 day simple moving average of GBX 2,515.41 and a 200-day simple moving average of GBX 2,357.66. The company has a quick ratio of 0.86, a current ratio of 0.78 and a debt-to-equity ratio of 89.31. The company has a market cap of £45.78 billion, a PE ratio of 3,547.37, a PEG ratio of 1.42 and a beta of 0.81. Compass Group PLC has a twelve month low of GBX 1,999.50 ($25.38) and a twelve month high of GBX 2,747 ($34.87).

Compass Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, January 16th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from Compass Group’s previous dividend of $0.21. This represents a dividend yield of 1.17%. Compass Group’s dividend payout ratio (DPR) is currently 5,789.47%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. increased their price target on Compass Group from GBX 2,600 ($33.00) to GBX 2,800 ($35.54) and gave the company an “overweight” rating in a report on Wednesday, September 11th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Compass Group presently has an average rating of “Buy” and a consensus price target of GBX 2,600 ($33.00).

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.