CSS Industries (CSS) Sets New 12-Month High and Low at $17.27

CSS Industries (NYSE:CSS) hit a new 52-week high and low during trading on Monday . The company traded as low as $17.27 and last traded at $17.42, with a volume of 116695 shares. The stock had previously closed at $17.50.

Several brokerages have recently issued reports on CSS. Zacks Investment Research lowered CSS Industries from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 14th. TheStreet lowered CSS Industries from a “b-” rating to a “c+” rating in a report on Thursday, February 15th. Finally, DA Davidson lowered CSS Industries from a “buy” rating to a “neutral” rating in a report on Friday, February 9th.

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The firm has a market cap of $159.60, a PE ratio of 12.35, a PEG ratio of 3.21 and a beta of 1.15.

CSS Industries (NYSE:CSS) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $1.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.15. The business had revenue of $130.64 million during the quarter, compared to analyst estimates of $134.50 million. CSS Industries had a positive return on equity of 4.51% and a negative net margin of 0.96%. analysts anticipate that CSS Industries will post 1.09 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.59%. CSS Industries’s dividend payout ratio is 56.74%.

In other news, Director Rebecca C. Matthias purchased 20,100 shares of CSS Industries stock in a transaction dated Monday, February 12th. The stock was acquired at an average cost of $20.95 per share, for a total transaction of $421,095.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.90% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. California Public Employees Retirement System lifted its holdings in CSS Industries by 31.7% in the 3rd quarter. California Public Employees Retirement System now owns 18,834 shares of the specialty retailer’s stock worth $543,000 after purchasing an additional 4,534 shares during the last quarter. Bailard Inc. acquired a new stake in CSS Industries in the 4th quarter worth approximately $654,000. Dupont Capital Management Corp acquired a new stake in CSS Industries in the 4th quarter worth approximately $434,000. Brandes Investment Partners LP lifted its holdings in CSS Industries by 19.2% in the 4th quarter. Brandes Investment Partners LP now owns 108,543 shares of the specialty retailer’s stock worth $3,021,000 after purchasing an additional 17,493 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in CSS Industries in the 4th quarter worth approximately $968,000. Hedge funds and other institutional investors own 81.13% of the company’s stock.

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CSS Industries Company Profile

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, celebrations, and craft social expression products principally to mass market retailers in the United States and Canada. Its craft and celebrations consumer products include craft ribbon and buttons, sewing patterns, infant products, journals, all occasion boxed greeting cards, gift card holders, gift bags, gift wrap, floral accessories, memory books, scrapbooks, stationery, stickers, and other gift and craft items.

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