Daniela Barone Soares Buys 431 Shares of Bunzl plc (LON:BNZL) Stock

Bunzl plc (LON:BNZL - Get Free Report) insider Daniela Barone Soares bought 431 shares of the company's stock in a transaction on Monday, April 28th. The shares were bought at an average price of GBX 2,307 ($30.74) per share, with a total value of £9,943.17 ($13,248.73).

Bunzl Stock Down 1.1 %

LON:BNZL traded down GBX 26 ($0.35) during trading hours on Thursday, reaching GBX 2,324 ($30.97). 3,546,827 shares of the company traded hands, compared to its average volume of 2,402,395. Bunzl plc has a 1 year low of GBX 2,218 ($29.55) and a 1 year high of GBX 3,732 ($49.73). The stock has a market capitalization of £7.60 billion, a P/E ratio of 16.07, a P/E/G ratio of 5.40 and a beta of 0.45. The business's 50-day moving average price is GBX 2,875.48 and its two-hundred day moving average price is GBX 3,242.62. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00.

Bunzl (LON:BNZL - Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The company reported GBX 194.30 ($2.59) earnings per share (EPS) for the quarter. Bunzl had a net margin of 4.20% and a return on equity of 16.82%. Analysts predict that Bunzl plc will post 213.3413462 earnings per share for the current year.

Bunzl Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 2nd. Investors of record on Thursday, May 22nd will be given a dividend of GBX 53.80 ($0.72) per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 1.8%. This is an increase from Bunzl's previous dividend of $20.10. Bunzl's dividend payout ratio (DPR) is 48.39%.

Analyst Ratings Changes

A number of research firms have recently issued reports on BNZL. Citigroup upgraded Bunzl to a "buy" rating in a research report on Monday, January 13th. Shore Capital reaffirmed a "buy" rating on shares of Bunzl in a research note on Tuesday. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of GBX 3,375 ($44.97).

About Bunzl

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.