CSS Industries Inc. (CSS) Lowered to Hold at TheStreet
Shares of CSS Industries (NYSE:CSS) traded up 0.12% during mid-day trading on Tuesday, reaching $25.01. 13,922 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $25.77 and a 200 day moving average price of $27.06. CSS Industries has a 52-week low of $24.12 and a 52-week high of $31.45. The firm has a market cap of $226.94 million, a P/E ratio of 13.40 and a beta of 1.17.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Tuesday, August 30th. CSS Industries’s dividend payout ratio (DPR) is currently 43.01%.
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In other news, EVP Vincent A. Paccapaniccia sold 5,466 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $25.32, for a total value of $138,399.12. Following the sale, the executive vice president now owns 26,917 shares of the company’s stock, valued at $681,538.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Vincent A. Paccapaniccia sold 2,427 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $25.05, for a total transaction of $60,796.35. Following the completion of the sale, the executive vice president now directly owns 22,334 shares in the company, valued at approximately $559,466.70. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by insiders.
About CSS Industries
CSS Industries, Inc is a consumer products company, which is engaged in the design, manufacture, procurement, distribution and sale of non-durable all occasion and seasonal social expression products, principally to mass market retailers in the United States and Canada. The Company’s occasion and seasonal products include classroom exchange Valentines, infant products, journals, buttons, gift wrap, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items.
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