Peter Pritchard Sells 23,683 Shares of Pets at Home Group PLC (LON:PETS) Stock

Pets at Home Group PLC (LON:PETS) insider Peter Pritchard sold 23,683 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of GBX 185 ($2.42), for a total transaction of £43,813.55 ($57,250.16).

Shares of LON:PETS traded up GBX 1.30 ($0.02) during mid-day trading on Friday, hitting GBX 188 ($2.46). The company had a trading volume of 1,116,114 shares, compared to its average volume of 1,140,000. The company has a fifty day moving average of GBX 173.86. The firm has a market capitalization of $940.00 million and a P/E ratio of 31.33. The company has a debt-to-equity ratio of 19.85, a current ratio of 0.91 and a quick ratio of 0.41. Pets at Home Group PLC has a one year low of GBX 102.20 ($1.34) and a one year high of GBX 192.60 ($2.52).

The business also recently disclosed a dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Thursday, June 13th will be paid a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a dividend yield of 3.02%. This is a positive change from Pets at Home Group’s previous dividend of $2.50. Pets at Home Group’s payout ratio is currently 1.17%.

Several equities research analysts recently issued reports on the stock. Numis Securities reaffirmed a “buy” rating and set a GBX 225 ($2.94) price target on shares of Pets at Home Group in a report on Wednesday, May 29th. Berenberg Bank lifted their target price on shares of Pets at Home Group from GBX 130 ($1.70) to GBX 175 ($2.29) and gave the stock a “hold” rating in a research report on Thursday, May 30th. Goldman Sachs Group lifted their target price on shares of Pets at Home Group from GBX 100 ($1.31) to GBX 140 ($1.83) and gave the stock a “sell” rating in a research report on Monday. HSBC reiterated a “hold” rating and set a GBX 190 ($2.48) target price on shares of Pets at Home Group in a research report on Friday, June 7th. Finally, Citigroup upgraded shares of Pets at Home Group to a “buy” rating in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. Pets at Home Group has a consensus rating of “Hold” and an average price target of GBX 162.83 ($2.13).

Pets at Home Group Company Profile

Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.

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