Insider Selling: Spin Master Corp. (TSE:TOY) Senior Officer Sells C$31,898.15 in Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15.

Spin Master Stock Up 0.5 %

Shares of TOY stock opened at C$25.75 on Thursday. Spin Master Corp. has a twelve month low of C$25.00 and a twelve month high of C$35.44. The stock has a market cap of C$1.89 billion, a P/E ratio of 60.94, a P/E/G ratio of 0.57 and a beta of 1.86. The stock has a 50 day moving average of C$28.90 and a 200 day moving average of C$30.97. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61.

Spin Master Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Friday, March 28th. Spin Master’s dividend payout ratio (DPR) is 113.60%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TOY. Stifel Nicolaus decreased their price objective on Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. National Bankshares cut their price target on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 26th. Royal Bank of Canada dropped their target price on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Canaccord Genuity Group dropped their target price on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Finally, TD Securities cut their price objective on Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$37.75.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.