Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits Sells 1,000 Shares

Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 10th. The stock was sold at an average price of C$1,777.00, for a total value of C$1,777,000.00. Following the transaction, the insider now directly owns 15,370 shares in the company, valued at C$27,312,490.

TSE CSU opened at C$1,769.81 on Friday. The stock has a market cap of C$37.51 billion and a price-to-earnings ratio of 90.19. The company has a fifty day moving average of C$1,795.17. Constellation Software Inc. has a 12 month low of C$1,366.66 and a 12 month high of C$1,921.78. The company has a debt-to-equity ratio of 149.64, a current ratio of 0.69 and a quick ratio of 0.63.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Wednesday, May 5th. The company reported C$20.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$12.72 by C$7.77. The business had revenue of C$1.49 billion during the quarter, compared to the consensus estimate of C$1.43 billion. As a group, research analysts anticipate that Constellation Software Inc. will post 52.5003782 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, July 10th. Shareholders of record on Saturday, June 19th will be paid a $1.228 dividend. This represents a $4.91 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Thursday, June 17th. This is an increase from Constellation Software’s previous quarterly dividend of $1.00. Constellation Software’s dividend payout ratio is 20.38%.

A number of equities analysts have recently weighed in on CSU shares. CIBC upped their target price on Constellation Software from C$1,760.00 to C$2,000.00 in a research report on Thursday, May 6th. Royal Bank of Canada upped their target price on Constellation Software from C$2,000.00 to C$2,100.00 and gave the stock an “outperform” rating in a research report on Thursday, May 6th. Raymond James upped their target price on Constellation Software from C$1,700.00 to C$2,000.00 and gave the stock a “market perform” rating in a research report on Thursday, May 6th. BMO Capital Markets upped their target price on Constellation Software from C$1,850.00 to C$2,000.00 and gave the stock a “market perform” rating in a research report on Thursday, May 6th. Finally, Scotiabank upped their target price on Constellation Software from C$1,900.00 to C$2,000.00 in a research report on Thursday, May 6th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Constellation Software currently has a consensus rating of “Hold” and a consensus price target of C$1,910.57.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in the United States, Canada, Italy, Germany, India, United Kingdom, Brazil, Switzerland, Austria, Israel, and internationally. It operates through two segments, Public Sector and Private Sector.

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