CLS Holdings plc (LON:CLI) Insider Anna L. K. Seeley Acquires 1,800,000 Shares

CLS Holdings plc (LON:CLI – Get Rating) insider Anna L. K. Seeley purchased 1,800,000 shares of the business’s stock in a transaction dated Friday, June 2nd. The shares were purchased at an average cost of GBX 137 ($1.70) per share, for a total transaction of £2,466,000 ($3,065,638.99).

CLS Trading Down 0.9 %

LON CLI opened at GBX 139.40 ($1.73) on Tuesday. CLS Holdings plc has a fifty-two week low of GBX 126.69 ($1.58) and a fifty-two week high of GBX 227.50 ($2.83). The company has a debt-to-equity ratio of 90.88, a quick ratio of 0.59 and a current ratio of 0.64. The stock has a 50 day simple moving average of GBX 133.82 and a two-hundred day simple moving average of GBX 144.64. The stock has a market cap of £553.99 million, a P/E ratio of -697.00 and a beta of 0.86.

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CLS Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 2nd. Shareholders of record on Thursday, March 23rd were issued a GBX 5.35 ($0.07) dividend. This is a positive change from CLS’s previous dividend of $2.60. The ex-dividend date was Thursday, March 23rd. This represents a dividend yield of 3.74%. CLS’s dividend payout ratio (DPR) is presently -4,000.00%.

Analyst Ratings Changes

CLI has been the subject of several recent research reports. Peel Hunt restated a “hold” rating and set a GBX 175 ($2.18) price objective on shares of CLS in a report on Wednesday, March 8th. Berenberg Bank dropped their price target on CLS from GBX 205 ($2.55) to GBX 190 ($2.36) and set a “buy” rating on the stock in a research report on Thursday, April 6th.

About CLS

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CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. It operates in two segments, Investment Properties and Other Investments. The company also invests in a hotel; and corporate bonds and other corporate investments, as well as rents office buildings.

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