Deborah Wallis Robinson Purchases 3,000 Shares of Park Lawn Co. (TSE:PLC) Stock

Park Lawn Co. (TSE:PLC) Director Deborah Wallis Robinson acquired 3,000 shares of the company’s stock in a transaction on Monday, November 13th. The shares were bought at an average price of C$16.03 per share, for a total transaction of C$48,090.00.

Park Lawn Stock Performance

Shares of PLC opened at C$16.51 on Thursday. Park Lawn Co. has a 1 year low of C$15.85 and a 1 year high of C$29.15. The company has a debt-to-equity ratio of 48.79, a current ratio of 1.92 and a quick ratio of 1.78. The stock’s fifty day moving average price is C$18.46 and its two-hundred day moving average price is C$22.02. The firm has a market cap of C$565.80 million, a PE ratio of 21.72, a PEG ratio of 14.67 and a beta of 1.17.

Park Lawn Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were paid a $0.114 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Thursday, September 28th. Park Lawn’s dividend payout ratio is currently 60.53%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on PLC shares. Scotiabank dropped their price target on shares of Park Lawn from C$28.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Monday. Stifel Nicolaus reduced their target price on Park Lawn from C$32.00 to C$30.00 and set a “buy” rating for the company in a report on Thursday, October 19th. Cormark dropped their price target on Park Lawn from C$27.00 to C$24.00 in a report on Monday. National Bankshares cut their price objective on Park Lawn from C$31.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 8th. Finally, Acumen Capital decreased their target price on Park Lawn from C$28.00 to C$24.00 and set a “buy” rating for the company in a research report on Monday. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Park Lawn has an average rating of “Moderate Buy” and a consensus price target of C$24.13.

Park Lawn Company Profile

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, crypts, niches, monuments, caskets, urns, and other merchandise, as well as funeral, after life celebration, cemetery, and cremation services.