CSS Industries Inc (CSS) Director Rebecca C. Matthias Purchases 20,100 Shares

CSS Industries Inc (NYSE:CSS) Director Rebecca C. Matthias purchased 20,100 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average cost of $20.95 per share, with a total value of $421,095.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

CSS Industries Inc (NYSE CSS) traded down $0.68 during trading on Wednesday, hitting $19.13. The company had a trading volume of 61,481 shares, compared to its average volume of 55,019. CSS Industries Inc has a fifty-two week low of $19.04 and a fifty-two week high of $30.29. The company has a market capitalization of $185.68, a PE ratio of 14.24, a price-to-earnings-growth ratio of 1.48 and a beta of 0.91.

CSS Industries (NYSE:CSS) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $1.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.37 by $0.15. CSS Industries had a positive return on equity of 4.51% and a negative net margin of 0.96%. The business had revenue of $130.64 million during the quarter, compared to analysts’ expectations of $134.50 million. analysts forecast that CSS Industries Inc will post 1.38 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a $0.20 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.18%. CSS Industries’s dividend payout ratio is -216.22%.

Separately, DA Davidson started coverage on CSS Industries in a report on Thursday, December 7th. They issued a “buy” rating and a $31.50 price target for the company.

Several institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its holdings in shares of CSS Industries by 17.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 38,058 shares of the specialty retailer’s stock valued at $1,060,000 after buying an additional 5,755 shares during the last quarter. QS Investors LLC bought a new position in shares of CSS Industries in the fourth quarter valued at about $230,000. Deutsche Bank AG raised its holdings in shares of CSS Industries by 273.3% in the fourth quarter. Deutsche Bank AG now owns 55,369 shares of the specialty retailer’s stock valued at $1,538,000 after buying an additional 40,535 shares during the last quarter. Renaissance Technologies LLC bought a new stake in CSS Industries during the 4th quarter worth about $1,060,000. Finally, Kennedy Capital Management Inc. raised its holdings in CSS Industries by 56.5% during the 4th quarter. Kennedy Capital Management Inc. now owns 98,092 shares of the specialty retailer’s stock worth $2,730,000 after purchasing an additional 35,400 shares during the last quarter. 82.78% of the stock is owned by institutional investors and hedge funds.

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CSS Industries Company Profile

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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