Claire Marie Catherine Kennedy Buys 15 Shares of Constellation Software Inc. (TSE:CSU) Stock

Constellation Software Inc. (TSE:CSU) Director Claire Marie Catherine Kennedy acquired 15 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was acquired at an average price of C$3,787.13 per share, for a total transaction of C$56,806.95. Following the completion of the purchase, the director now owns 67 shares of the company’s stock, valued at approximately C$253,737.71.

Constellation Software Price Performance

CSU stock opened at C$3,692.33 on Friday. The stock’s 50 day moving average price is C$3,713.78 and its 200 day moving average price is C$3,352.71. The firm has a market cap of C$78.24 billion, a P/E ratio of 102.05, a PEG ratio of 1.04 and a beta of 0.81. The company has a debt-to-equity ratio of 187.76, a quick ratio of 0.55 and a current ratio of 0.61. Constellation Software Inc. has a 1 year low of C$2,499.99 and a 1 year high of C$3,856.00.

Constellation Software (TSE:CSU) last issued its quarterly earnings data 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 company had revenue of C$3.16 billion during the quarter, compared to analysts’ expectations of C$3.08 billion. Constellation Software had a net margin of 6.72% and a return on equity of 3.18%. On average, sell-side analysts expect that Constellation Software Inc. will post 114.7020408 earnings per share 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. Shareholders of record on Monday, April 15th will be paid 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 currently 15.04%.

Analyst Ratings Changes

CSU has been the topic of several analyst reports. Raymond James lifted their target price on Constellation Software from C$3,150.00 to C$3,800.00 and gave the company a “market perform” rating in a research note on Thursday, March 7th. Royal Bank of Canada lifted their price target on shares of Constellation Software from C$3,900.00 to C$4,300.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. BMO Capital Markets raised their price objective on Constellation Software from C$3,600.00 to C$4,150.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th. TD Securities boosted 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 research report on Thursday, March 7th. Finally, CIBC raised their price target on Constellation Software from C$3,800.00 to C$4,100.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Two equities research 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 company presently has an average rating of “Moderate Buy” and a consensus price target of C$3,966.67.

About Constellation Software

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.