Bunzl (LON:BNZL) insider Brian May sold 12,921 shares of the stock in a transaction that occurred on Thursday, March 22nd. The shares were sold at an average price of GBX 2,016 ($28.87), for a total transaction of £260,487.36 ($372,977.32).
Brian May also recently made the following trade(s):
- On Thursday, April 5th, Brian May sold 6,842 shares of Bunzl stock. The shares were sold at an average price of GBX 2,069 ($29.62), for a total transaction of £141,560.98 ($202,693.27).
Bunzl stock traded up GBX 35 ($0.50) during mid-day trading on Tuesday, reaching GBX 2,134 ($30.56). 958,890 shares of the company’s stock were exchanged, compared to its average volume of 1,290,000. Bunzl has a twelve month low of GBX 1,918.50 ($27.47) and a twelve month high of GBX 2,472 ($35.40).
Bunzl (LON:BNZL) last announced its quarterly earnings data on Monday, February 26th. The company reported GBX 119.40 ($1.71) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 114 ($1.63) by GBX 5.40 ($0.08). The company had revenue of GBX 858.09 billion for the quarter. Bunzl had a net margin of 4.01% and a return on equity of 26.17%.
The firm also recently disclosed a dividend, which will be paid on Monday, July 2nd. Shareholders of record on Thursday, May 24th will be given a dividend of GBX 32 ($0.46) per share. This is an increase from Bunzl’s previous dividend of $14.00. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, May 24th.
BNZL has been the topic of several recent analyst reports. Deutsche Bank restated a “buy” rating on shares of Bunzl in a report on Friday, April 6th. Credit Suisse Group restated an “outperform” rating and issued a GBX 2,470 ($35.37) price objective on shares of Bunzl in a report on Tuesday, February 27th. JPMorgan Chase restated a “neutral” rating and issued a GBX 2,609 ($37.36) price objective on shares of Bunzl in a report on Tuesday, February 27th. Barclays restated an “overweight” rating on shares of Bunzl in a report on Tuesday, February 27th. Finally, UBS reiterated a “neutral” rating and set a GBX 2,200 ($31.50) target price on shares of Bunzl in a report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 2,446.70 ($35.03).
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Bunzl Company Profile
Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides non-food consumables, including food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as the leisure sector.
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