Computacenter plc (LON:CCC) Insider Michael J. Norris Sells 2,967 Shares of Stock

Computacenter plc (LON:CCC) insider Michael J. Norris sold 2,967 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of GBX 2,544 ($33.86), for a total value of £75,480.48 ($100,453.13).

Computacenter Trading Up 0.3%

LON CCC opened at GBX 2,567.97 ($34.18) on Wednesday. Computacenter plc has a 1-year low of GBX 2,020 ($26.88) and a 1-year high of GBX 3,004 ($39.98). The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.47. The company has a market capitalization of £2.73 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The firm’s fifty day simple moving average is GBX 2,392.15 and its 200-day simple moving average is GBX 2,261.35.

Computacenter (LON:CCC) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.15) earnings per share for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. As a group, sell-side analysts anticipate that Computacenter plc will post 187.5 earnings per share for the current fiscal year.

Computacenter Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be given a dividend of GBX 474 ($6.31) per share. This represents a yield of 1.83%. This is an increase from Computacenter’s previous dividend of $23.30. The ex-dividend date of this dividend is Thursday, June 5th. Computacenter’s dividend payout ratio is presently 47.51%.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 2,425 ($32.27) target price on shares of Computacenter in a report on Tuesday, March 18th.

Computacenter Company Profile

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.