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 that occurred on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total transaction of C$3,762,900.00.

Constellation Software Trading Down 0.3 %

CSU stock opened at C$3,730.29 on Thursday. The firm has a fifty day moving average price of C$3,721.10 and a 200 day moving average price of C$3,288.49. Constellation Software Inc. has a fifty-two week low of C$2,400.02 and a fifty-two week high of C$3,856.00. The company has a debt-to-equity ratio of 187.76, a quick ratio of 0.55 and a current ratio of 0.61. The firm has a market cap of C$79.04 billion, a PE ratio of 102.76, a price-to-earnings-growth ratio of 1.04 and a beta of 0.81.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 15th will be issued a $1.358 dividend. This represents a $5.43 dividend on an annualized basis and a dividend yield of 0.15%. The ex-dividend date is Wednesday, March 27th. Constellation Software’s dividend payout ratio (DPR) is presently 14.99%.

Analysts Set New Price Targets

A number of brokerages have issued reports on CSU. CIBC increased their price objective on shares of Constellation Software from C$3,800.00 to C$4,100.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Raymond James increased their price objective on shares of Constellation Software from C$3,150.00 to C$3,800.00 and gave the company a “market perform” rating in a report on Thursday, March 7th. BMO Capital Markets increased their price objective on shares of Constellation Software from C$3,600.00 to C$4,150.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Royal Bank of Canada increased their price objective on shares of Constellation Software from C$3,900.00 to C$4,300.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Finally, TD Securities increased their price objective on shares of Constellation Software from C$3,900.00 to C$4,050.00 and gave the company a “hold” rating in a report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus 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.