John Edward Billowits Sells 1,000 Shares of Constellation Software Inc. (TSE:CSU) Stock

Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 1,000 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of C$3,768.39, for a total transaction of C$3,768,390.00.

Constellation Software Stock Performance

Shares of Constellation Software stock opened at C$3,876.95 on Wednesday. The firm has a market capitalization of C$82.15 billion, a P/E ratio of 102.56, a P/E/G ratio of 1.04 and a beta of 0.80. Constellation Software Inc. has a 52 week low of C$2,585.25 and a 52 week high of C$3,882.22. The company has a quick ratio of 0.55, a current ratio of 0.92 and a debt-to-equity ratio of 155.36. The firm’s 50 day moving average is C$3,738.31 and its two-hundred day moving average is C$3,646.01.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Friday, May 10th. The company reported C$37.21 EPS for the quarter, beating the consensus estimate of C$23.21 by C$14.00. The company had revenue of C$3.17 billion for the quarter, compared to analyst estimates of C$3.22 billion. Constellation Software had a net margin of 6.52% and a return on equity of 9.53%. Research analysts forecast that Constellation Software Inc. will post 111.5047198 EPS for the current fiscal year.

Constellation Software Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, July 11th will be paid a $1.378 dividend. This is a positive change from Constellation Software’s previous quarterly dividend of $1.36. This represents a $5.51 annualized dividend and a yield of 0.14%. The ex-dividend date of this dividend is Thursday, June 20th. Constellation Software’s dividend payout ratio is currently 14.47%.

Analyst Upgrades and Downgrades

CSU has been the topic of several research reports. BMO Capital Markets increased their price target on shares of Constellation Software from C$4,150.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Monday, May 13th. Raymond James increased their price target on shares of Constellation Software from C$3,150.00 to C$3,800.00 and gave the stock a “market perform” rating in a research report on Thursday, March 7th. CIBC increased their price target on shares of Constellation Software from C$3,800.00 to C$4,100.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Royal Bank of Canada increased their price target on shares of Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Finally, TD Securities raised their target price on shares of Constellation Software from C$4,050.00 to C$4,150.00 and gave the company a “hold” rating in a report on Tuesday, May 14th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Constellation Software currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,008.33.

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.