DPC (NYSE:DPC) Research Coverage Started at Jefferies Financial Group

Jefferies Financial Group began coverage on shares of DPC (NYSE:DPC) in a research note published on Monday morning, MarketBeat.com reports. The firm issued a buy rating and a $56.00 price objective on the stock.

Separately, Wall Street Zen raised shares of DPC to a “hold” rating in a report on Saturday, July 4th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $52.38.

DPC Trading Down 1.6%

Shares of NYSE DPC opened at $46.89 on Monday. DPC has a 1-year low of $42.90 and a 1-year high of $53.50.

Insider Activity at DPC

In other DPC news, Director Dirkson R. Charles purchased 903,448 shares of the stock in a transaction dated Friday, June 26th. The shares were bought at an average cost of $33.00 per share, with a total value of $29,813,784.00. Following the completion of the acquisition, the director owned 903,448 shares of the company’s stock, valued at approximately $29,813,784. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael (Mike) Joseph Quinn acquired 435,121 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average price of $33.00 per share, for a total transaction of $14,358,993.00. Following the completion of the purchase, the chief executive officer owned 435,121 shares of the company’s stock, valued at approximately $14,358,993. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 2,297,621 shares of company stock worth $75,821,493 in the last ninety days.