Constellation Software Inc. (TSE:CSU) Senior Officer Sells C$3,762,900.00 in Stock

Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 1,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of C$3,762.90, for a total transaction of C$3,762,900.00.

Constellation Software Trading Down 0.8 %

CSU opened at C$3,700.00 on Friday. Constellation Software Inc. has a twelve month low of C$2,413.31 and a twelve month high of C$3,856.00. The company has a 50-day simple moving average of C$3,724.60 and a 200 day simple moving average of C$3,291.58. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 187.76. The stock has a market capitalization of C$78.40 billion, a price-to-earnings ratio of 101.93, a P/E/G ratio of 1.04 and a beta of 0.81.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$21.21 earnings per share (EPS) for the quarter, missing the consensus estimate of C$24.21 by C($3.00). The firm had revenue of C$3.16 billion for the quarter, compared to analyst estimates of C$3.08 billion. Constellation Software had a return on equity of 3.18% and a net margin of 6.72%. Analysts predict that Constellation Software Inc. will post 111.1339442 EPS for the current fiscal year.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 15th will be given a dividend of $1.358 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $5.43 annualized dividend and a dividend yield of 0.15%. Constellation Software’s dividend payout ratio is 14.99%.

Analyst Ratings Changes

CSU has been the subject of a number of research analyst reports. BMO Capital Markets lifted their price objective on shares of Constellation Software from C$3,600.00 to C$4,150.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. TD Securities lifted their target price on Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a “hold” rating in a report on Thursday, March 7th. CIBC lifted their target price on Constellation Software from C$3,800.00 to C$4,100.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Raymond James lifted their target price on Constellation Software from C$3,150.00 to C$3,800.00 and gave the stock a “market perform” rating in a report on Thursday, March 7th. Finally, Royal Bank of Canada lifted their target price on Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$3,966.67.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.