Core-Mark Holding Co. SVP Scott E. Mcpherson Sells 9,500 Shares (CORE)
Core-Mark Holding Co. (NASDAQ:CORE) SVP Scott E. Mcpherson sold 9,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $48.49, for a total value of $460,655.00. Following the completion of the transaction, the senior vice president now directly owns 68,926 shares of the company’s stock, valued at approximately $3,342,222. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Core-Mark Holding Co. (NASDAQ:CORE) traded down 0.10% on Friday, hitting $48.16. The stock had a trading volume of 69,562 shares. Core-Mark Holding Co. has a 1-year low of $31.725 and a 1-year high of $50.55. The stock has a 50-day moving average of $47.49 and a 200-day moving average of $42.02. The company has a market cap of $1.112 billion and a price-to-earnings ratio of 26.93.
Core-Mark Holding Co. (NASDAQ:CORE) last announced its earnings results on Thursday, August 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $1.20 earnings per share. The company’s revenue for the quarter 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 announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 22nd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Wednesday, August 20th.
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 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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