The Insider Buying: Capita PLC (CPI) Insider Acquires £164.97 in Stock

The Insider Buying: Capita PLC (CPI) Insider Acquires £164.97 in Stock

Capita PLC (LON:CPI) insider Dawn Marriott-Sims acquired 27 shares of Capita PLC stock in a transaction that occurred on Friday, October 7th. The shares were purchased at an average cost of GBX 611 ($7.56) per share, with a total value of £164.97 ($204.17).

Capita PLC (LON:CPI) opened at 591.50 on Thursday. Capita PLC has a one year low of GBX 580.10 and a one year high of GBX 1,306.00. The firm has a 50-day moving average of GBX 907.85 and a 200 day moving average of GBX 986.07. The company’s market capitalization is GBX 3.93 billion.

The firm also recently announced a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be issued a GBX 11.10 ($0.14) dividend. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, October 20th.

CPI has been the subject of a number of research reports. Numis Securities Ltd raised shares of Capita PLC to a “buy” rating and cut their price target for the stock from GBX 1,115 ($13.80) to GBX 890 ($11.01) in a research note on Friday, September 30th. Credit Suisse Group AG cut their price target on shares of Capita PLC from GBX 980 ($12.13) to GBX 675 ($8.35) and set a “neutral” rating for the company in a research note on Wednesday, October 5th. Peel Hunt reissued a “hold” rating and issued a GBX 979 ($12.12) price target on shares of Capita PLC in a research note on Thursday, September 29th. BNP Paribas reissued a “neutral” rating and issued a GBX 950 ($11.76) price target on shares of Capita PLC in a research note on Monday. Finally, Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 987 ($12.22) price target on shares of Capita PLC in a research note on Thursday, September 8th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,022.44 ($12.65).

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