Thomas Cook Group plc (TCG) Insider Peter Fankhauser Sells 91,348 Shares

Thomas Cook Group plc (LON:TCG) insider Peter Fankhauser sold 91,348 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of GBX 127 ($1.72), for a total transaction of £116,011.96 ($157,325.68).

Thomas Cook Group plc (LON TCG) opened at GBX 128.90 ($1.75) on Friday. Thomas Cook Group plc has a 12 month low of GBX 82.59 ($1.12) and a 12 month high of GBX 132.20 ($1.79). The firm has a market cap of $1,980.00 and a P/E ratio of 12,890.00.

Thomas Cook Group (LON:TCG) last issued its quarterly earnings data on Wednesday, November 22nd. The travel company reported GBX 9.30 ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 9.70 ($0.13) by GBX (0.40) (($0.01)). Thomas Cook Group had a negative return on equity of 211.75% and a negative net margin of 9.08%. The business had revenue of GBX 900.70 billion for the quarter.

The company also recently announced a dividend, which will be paid on Thursday, April 5th. Shareholders of record on Thursday, March 8th will be paid a GBX 0.60 ($0.01) dividend. This is a boost from Thomas Cook Group’s previous dividend of $0.50. This represents a yield of 0.51%. The ex-dividend date is Thursday, March 8th.

TCG has been the subject of a number of research reports. HSBC initiated coverage on shares of Thomas Cook Group in a research report on Monday, November 20th. They set a “buy” rating and a GBX 140 ($1.90) price target for the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 105 ($1.42) price target on shares of Thomas Cook Group in a research report on Wednesday, September 27th. Morgan Stanley upgraded shares of Thomas Cook Group to an “overweight” rating and lifted their price target for the company from GBX 130 ($1.76) to GBX 140 ($1.90) in a research report on Monday. Shore Capital reiterated a “buy” rating on shares of Thomas Cook Group in a research report on Thursday, September 14th. Finally, Barclays reiterated an “equal weight” rating and set a GBX 122 ($1.65) price target on shares of Thomas Cook Group in a research report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 116 ($1.57).

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About Thomas Cook Group

Thomas Cook Group plc is a holiday company. The Company’s segments are United Kingdom, Continental Europe, Northern Europe and Airlines Germany. Its hotels and resort brands include Sentido, Sunprime, Sunwing, Sunconnect, Smartline and Casa Cook. It has airline operations in Belgium, Scandinavia and the United Kingdom.

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