Core-Mark Holding Co. Director Unloads $98,300 in Stock (CORE)
Core-Mark Holding Co. (NASDAQ:CORE) Director J Michael Walsh unloaded 2,000 shares of Core-Mark Holding Co. stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $49.15, for a total transaction of $98,300.00. Following the completion of the sale, the director now directly owns 57,868 shares of the company’s stock, valued at approximately $2,844,212. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Core-Mark Holding Co. in a research note on Friday, August 8th. They now have a $51.00 price target on the stock, up previously from $42.50.
Core-Mark Holding Co. (NASDAQ:CORE) traded down 0.51% on Wednesday, hitting $48.57. The stock had a trading volume of 61,243 shares. Core-Mark Holding Co. has a 52 week low of $31.375 and a 52 week high of $50.55. The stock has a 50-day moving average of $47.31 and a 200-day moving average of $41.89. The company has a market cap of $1.121 billion and a P/E ratio of 27.27.
Core-Mark Holding Co. (NASDAQ:CORE) last released its earnings data on Thursday, August 7th. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.64 by $0.12. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the prior year, the company posted $1.20 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Analysts expect that Core-Mark Holding Co. will post $2.19 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 22nd will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, August 20th.
Core-Mark Holding Company, Inc (NASDAQ:CORE) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.
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