Andy Parker Sells 55,686 Shares of Capita PLC (CPI) Stock
Capita PLC (LON:CPI) insider Andy Parker sold 55,686 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of GBX 570 ($7.36), for a total transaction of £317,410.20 ($409,720.15).
Shares of Capita PLC (LON:CPI) traded up 0.34% during trading on Friday, hitting GBX 582.00. 2,561,885 shares of the company traded hands. Capita PLC has a 52-week low of GBX 431.30 and a 52-week high of GBX 1,101.00. The company has a 50-day moving average of GBX 562.71 and a 200-day moving average of GBX 540.96. The stock’s market capitalization is GBX 3.87 billion.
The business also recently announced a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, May 25th will be given a dividend of GBX 20.60 ($0.27) per share. The ex-dividend date is Thursday, May 25th. This is a positive change from Capita PLC’s previous dividend of $11.10. This represents a dividend yield of 4.01%.
Several equities analysts have recently commented on the stock. Shore Capital reissued a “sell” rating on shares of Capita PLC in a report on Wednesday, March 22nd. Numis Securities Ltd reissued a “buy” rating and issued a GBX 685 ($8.84) target price on shares of Capita PLC in a report on Tuesday, April 25th. HSBC Holdings plc reaffirmed a “reduce” rating and set a GBX 590 ($7.62) price target on shares of Capita PLC in a research note on Monday, April 10th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 550 ($7.10) price target on shares of Capita PLC in a research note on Monday, January 30th. Finally, Deutsche Bank AG upped their price target on shares of Capita PLC from GBX 470 ($6.07) to GBX 560 ($7.23) and gave the company a “hold” rating in a research note on Wednesday, March 29th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 531.43 ($6.86).
About Capita PLC
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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