Compass Group PLC (LON:CPG) Insider Sells £3,225,581.32 in Stock

Compass Group PLC (LON:CPG) insider Dominic Blakemore sold 119,821 shares of Compass Group stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.19), for a total value of £3,225,581.32 ($4,097,016.79).

Compass Group Stock Performance

The company has a 50-day moving average of GBX 2,520.55 and a 200 day moving average of GBX 2,362.88. The stock has a market cap of £45.78 billion, a price-to-earnings ratio of 3,543.47, a P/E/G ratio of 1.42 and a beta of 0.81. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. Compass Group PLC has a 52 week low of GBX 1,999.50 ($25.40) and a 52 week high of GBX 2,747 ($34.89).

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 paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 1.17%. This is a positive change from Compass Group’s previous dividend of $0.21. Compass Group’s dividend payout ratio (DPR) is presently 5,789.47%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lifted their price target on Compass Group from GBX 2,600 ($33.02) to GBX 2,800 ($35.56) and gave the stock an “overweight” rating in a research note on Wednesday, September 11th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Compass Group has an average rating of “Buy” and a consensus target price of GBX 2,600 ($33.02).

About Compass Group

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.