Jennifer Susan Dodge Sells 1,259 Shares of Spin Master Corp. (TSE:TOY) Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15.

Spin Master Trading Down 0.2 %

TSE TOY opened at C$25.63 on Wednesday. Spin Master Corp. has a 12 month low of C$25.00 and a 12 month high of C$35.44. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The stock’s fifty day moving average price is C$29.01 and its 200-day moving average price is C$31.01. The stock has a market cap of C$1.88 billion, a P/E ratio of 60.66, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.87%. Spin Master’s dividend payout ratio is currently 113.60%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TOY shares. Stifel Nicolaus decreased their price target on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Canaccord Genuity Group decreased their target price on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. National Bankshares dropped their price target on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 26th. Royal Bank of Canada decreased their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Finally, TD Securities dropped their target price on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$37.75.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.