Pauline Campbell Buys 8,900 Shares of Computacenter plc (LON:CCC) Stock

Computacenter plc (LON:CCC) insider Pauline Campbell acquired 8,900 shares of Computacenter stock in a transaction that occurred on Tuesday, September 17th. The stock was acquired at an average cost of GBX 2,470 ($32.63) per share, for a total transaction of £219,830 ($290,396.30).

Computacenter Trading Up 1.5 %

LON CCC traded up GBX 36 ($0.48) during mid-day trading on Tuesday, reaching GBX 2,460 ($32.50). 485,984 shares of the stock were exchanged, compared to its average volume of 417,747. The stock has a market cap of £2.71 billion, a P/E ratio of 1,646.67, a P/E/G ratio of 6.99 and a beta of 0.71. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.31 and a quick ratio of 0.95. Computacenter plc has a one year low of GBX 2,354.83 ($31.11) and a one year high of GBX 3,004 ($39.68). The stock has a 50 day simple moving average of GBX 2,670.68 and a 200-day simple moving average of GBX 2,732.11.

Computacenter Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 26th will be given a GBX 23.30 ($0.31) dividend. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, September 26th. Computacenter’s dividend payout ratio (DPR) is presently 4,733.33%.

Wall Street Analyst Weigh In

CCC has been the topic of several recent research reports. Jefferies Financial Group cut their target price on Computacenter from GBX 3,900 ($51.52) to GBX 3,800 ($50.20) and set a “buy” rating on the stock in a report on Monday, July 29th. JPMorgan Chase & Co. cut their price objective on Computacenter from GBX 3,300 ($43.59) to GBX 3,050 ($40.29) and set an “overweight” rating on the stock in a research note on Monday, July 29th.

Computacenter Company Profile

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.