Pets at Home Group Plc (LON:PETS) Insider Sells £51,534.48 in Stock

Pets at Home Group Plc (LON:PETS) insider Michael Iddon sold 17,832 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of GBX 289 ($3.67), for a total transaction of £51,534.48 ($65,482.19).

Pets at Home Group Trading Up 1.1 %

Shares of PETS opened at GBX 301.20 ($3.83) on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 45.27. The firm’s 50-day moving average is GBX 292.13 and its two-hundred day moving average is GBX 290.43. Pets at Home Group Plc has a twelve month low of GBX 251 ($3.19) and a twelve month high of GBX 400.20 ($5.09). The firm has a market capitalization of £1.41 billion, a P/E ratio of 1,882.50, a PEG ratio of 2.66 and a beta of 0.55.

Pets at Home Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, July 16th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 8.30 ($0.11) per share. This is a positive change from Pets at Home Group’s previous dividend of $4.50. This represents a yield of 2.93%. The ex-dividend date is Thursday, June 6th. Pets at Home Group’s dividend payout ratio is presently 8,125.00%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PETS. Jefferies Financial Group reissued a “buy” rating and set a GBX 425 ($5.40) price target on shares of Pets at Home Group in a report on Wednesday, March 20th. Berenberg Bank lowered their target price on shares of Pets at Home Group from GBX 390 ($4.96) to GBX 330 ($4.19) and set a “hold” rating on the stock in a research report on Thursday, May 30th.

Pets at Home Group Company Profile

Pets at Home Group Plc engages in the specialist omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. It operates through three segments: Retail, Vet Group, and Central. The company offers pet grooming services comprising a full dog groom, bath, microchipping, and nail clipping; and pet insurance products.