Bunzl plc (LON:BNZL) Insider Daniela Barone Soares Purchases 431 Shares

Bunzl plc (LON:BNZL - Get Free Report) insider Daniela Barone Soares bought 431 shares of the stock in a transaction on Monday, April 28th. The stock was purchased at an average price of GBX 2,307 ($30.62) per share, for a total transaction of £9,943.17 ($13,197.73).

Bunzl Price Performance

Shares of Bunzl stock traded up GBX 60 ($0.80) during midday trading on Friday, hitting GBX 2,380 ($31.59). 2,131,991 shares of the company were exchanged, compared to its average volume of 2,364,195. The firm has a 50 day simple moving average of GBX 2,835.78 and a 200-day simple moving average of GBX 3,227.03. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. The firm has a market cap of £7.78 billion, a P/E ratio of 16.45, a PEG ratio of 5.40 and a beta of 0.45. Bunzl plc has a 52 week low of GBX 2,218 ($29.44) and a 52 week high of GBX 3,732 ($49.54).

Bunzl (LON:BNZL - Get Free Report) last issued its earnings results on Monday, March 3rd. The company reported GBX 194.30 ($2.58) EPS for the quarter. Bunzl had a net margin of 4.20% and a return on equity of 16.82%. Research analysts forecast that Bunzl plc will post 213.3413462 earnings per share for the current year.

Bunzl Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Thursday, May 22nd will be issued a dividend of GBX 53.80 ($0.71) per share. This is a positive change from Bunzl's previous dividend of $20.10. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 1.8%. Bunzl's dividend payout ratio (DPR) is presently 48.39%.

Wall Street Analyst Weigh In

BNZL has been the topic of several analyst reports. Citigroup upgraded shares of Bunzl to a "buy" rating in a research note on Monday, January 13th. Shore Capital reiterated a "buy" rating on shares of Bunzl in a report on Tuesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Bunzl currently has an average rating of "Hold" and an average target price of GBX 3,375 ($44.80).

Bunzl Company Profile

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.