Michael J. Norris Sells 3,515 Shares of Computacenter plc (LON:CCC) Stock

Computacenter plc (LON:CCC) insider Michael J. Norris sold 3,515 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 2,554 ($33.06), for a total transaction of £89,773.10 ($116,196.09).

Computacenter Stock Down 0.3 %

Computacenter stock opened at GBX 2,482 ($32.13) on Friday. Computacenter plc has a twelve month low of GBX 2,020 ($26.15) and a twelve month high of GBX 3,004 ($38.88). The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47. The company has a 50 day moving average of GBX 2,290.04 and a 200-day moving average of GBX 2,283.11. The stock has a market capitalization of £2.63 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71.

Computacenter (LON:CCC) last announced its earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.09) earnings per share for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. On average, equities research analysts anticipate that Computacenter plc will post 187.5 EPS for the current fiscal year.

Computacenter Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be issued a dividend of GBX 474 ($6.14) per share. The ex-dividend date of this dividend is Thursday, June 5th. This is an increase from Computacenter’s previous dividend of $23.30. This represents a dividend yield of 1.83%. Computacenter’s dividend payout ratio (DPR) is presently 47.51%.

Analyst Upgrades and Downgrades

CCC has been the subject of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,400 ($44.01) price target on shares of Computacenter in a report on Tuesday, December 17th. Berenberg Bank reissued a “hold” rating and issued a GBX 2,425 ($31.39) target price on shares of Computacenter in a research note on Tuesday, March 18th.

About Computacenter

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.