Key Points
- Director William Brennan bought 3,100 Altus Group shares on Dec. 15 at C$54.49 for C$168,919, raising his holdings to 2,503,759 shares (about a 0.12% increase); he also made several earlier purchases in Nov–Dec, including 12,207 shares at C$49.95 on Nov. 11.
- Altus trades near C$55.28 with a one‑year range of C$43.84–C$63.07, market cap ~C$2.39B, a low valuation (P/E 6.18) and a 1.1% yield; analysts show a consensus target of C$59.86 and an overall rating of Moderate Buy.
Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan bought 600 shares of Altus Group stock in a transaction that occurred on Tuesday, December 16th. The shares were acquired at an average cost of C$54.36 per share, for a total transaction of C$32,616.00. Following the acquisition, the director owned 2,504,359 shares in the company, valued at C$136,136,955.24. The trade was a 0.02% increase in their position.
William Brennan also recently made the following trade(s):
- On Monday, December 15th, William Brennan purchased 3,100 shares of Altus Group stock. The stock was acquired at an average cost of C$54.49 per share, with a total value of C$168,919.00.
- On Tuesday, November 11th, William Brennan purchased 4,119 shares of Altus Group stock. The shares were acquired at an average price of C$48.85 per share, with a total value of C$201,213.15.
- On Tuesday, November 11th, William Brennan acquired 1,158 shares of Altus Group stock. The stock was bought at an average price of C$48.85 per share, for a total transaction of C$56,568.30.
- On Tuesday, November 11th, William Brennan bought 1,223 shares of Altus Group stock. The stock was bought at an average cost of C$48.85 per share, with a total value of C$59,743.55.
- On Tuesday, November 11th, William Brennan bought 12,207 shares of Altus Group stock. The shares were bought at an average price of C$49.95 per share, with a total value of C$609,739.65.
- On Tuesday, November 11th, William Brennan purchased 3,251 shares of Altus Group stock. The shares were bought at an average price of C$49.95 per share, for a total transaction of C$162,387.45.
- On Tuesday, November 11th, William Brennan purchased 3,571 shares of Altus Group stock. The stock was bought at an average cost of C$49.95 per share, for a total transaction of C$178,371.45.
Altus Group Stock Performance
Shares of AIF stock opened at C$55.28 on Friday. The company has a market capitalization of C$2.39 billion, a P/E ratio of 6.18, a PEG ratio of 0.96 and a beta of 0.59. Altus Group Limited has a fifty-two week low of C$43.84 and a fifty-two week high of C$63.07. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09. The stock has a 50 day moving average price of C$54.89 and a two-hundred day moving average price of C$56.23.
Altus Group (TSE:AIF - Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported C$0.38 EPS for the quarter. Altus Group had a net margin of 0.36% and a return on equity of 0.43%. The company had revenue of C$133.32 million for the quarter. Analysts expect that Altus Group Limited will post 1.7263823 earnings per share for the current year.
Altus Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, September 29th. Altus Group's dividend payout ratio is 6.71%.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on AIF. National Bankshares lowered shares of Altus Group from an "outperform" rating to a "sector perform" rating and dropped their target price for the stock from C$74.00 to C$52.00 in a report on Friday, November 7th. CIBC upped their target price on Altus Group from C$54.00 to C$62.00 in a report on Monday, November 24th. Scotiabank dropped their price target on Altus Group from C$63.00 to C$56.00 in a research note on Monday, November 10th. Royal Bank Of Canada cut their price target on shares of Altus Group from C$58.00 to C$56.00 and set a "sector perform" rating on the stock in a report on Friday, November 7th. Finally, Natl Bk Canada lowered shares of Altus Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$59.86.
Get Our Latest Report on AIF
About Altus Group
(
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Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.
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