Insider Buying: Capita PLC (CPI) Insider Buys 1,461 Shares of Stock
Capita PLC (LON:CPI) insider Nick Greatorex bought 1,461 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were purchased at an average price of GBX 679 ($8.86) per share, with a total value of £9,920.19 ($12,948.95).
Shares of Capita PLC (LON:CPI) traded down 4.08% during mid-day trading on Friday, reaching GBX 669.50. 6,314,179 shares of the company’s stock traded hands. The company’s 50 day moving average is GBX 1,002.99 and its 200 day moving average is GBX 1,012.10. The company’s market cap is GBX 4.45 billion. Capita PLC has a 12-month low of GBX 652.00 and a 12-month high of GBX 1,306.00.
The business also recently declared a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be issued a GBX 11.10 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.14%.
A number of analysts have recently weighed in on CPI shares. BNP Paribas reiterated an “underperform” rating and set a GBX 1,050 ($13.71) target price on shares of Capita PLC in a report on Monday, June 13th. Peel Hunt reiterated a “hold” rating and set a GBX 1,087 ($14.19) target price on shares of Capita PLC in a report on Tuesday, June 21st. Goldman Sachs Group Inc. reiterated a “sell” rating and set a GBX 894 ($11.67) target price on shares of Capita PLC in a report on Monday, June 27th. Credit Suisse Group AG lowered shares of Capita PLC to a “neutral” rating and dropped their target price for the stock from GBX 1,250 ($16.32) to GBX 900 ($11.75) in a report on Tuesday, June 28th. Finally, Deutsche Bank AG lowered their price objective on shares of Capita PLC from GBX 1,250 ($16.32) to GBX 1,170 ($15.27) and set a “buy” rating for the company in a report on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 1,074.31 ($14.02).
Capita PLC Company Profile
Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Asset Services, Customer Management, Capita Europe and Insurance & Benefits Services.
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