DSV A/S (OTCMKTS:DSDVY) Downgraded to “Hold” Rating by Citigroup

Citigroup cut shares of DSV A/S (OTCMKTS:DSDVY) from a strong-buy rating to a hold rating in a report released on Wednesday morning,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of DSV A/S to a “strong-buy” rating in a report on Friday, May 2nd.

DSV A/S Stock Up 0.8 %

Shares of DSV A/S stock opened at $111.08 on Wednesday. DSV A/S has a twelve month low of $73.25 and a twelve month high of $115.75. The company has a fifty day moving average price of $98.88 and a 200 day moving average price of $102.74. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33. The stock has a market cap of $53.42 billion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 1.28 and a beta of 1.23.

DSV A/S (OTCMKTS:DSDVY) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. The company had revenue of $6.35 billion for the quarter, compared to analyst estimates of $40.57 billion. Equities research analysts forecast that DSV A/S will post 3.97 earnings per share for the current fiscal year.

DSV A/S Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th were given a dividend of $0.4915 per share. This is an increase from DSV A/S’s previous dividend of $0.33. The ex-dividend date was Monday, March 24th. DSV A/S’s payout ratio is 8.72%.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.