Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan bought 15,265 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was bought at an average cost of C$45.53 per share, with a total value of C$695,015.45. Following the transaction, the director directly owned 3,558,335 shares of the company's stock, valued at approximately C$162,010,992.55. This trade represents a 0.43% increase in their ownership of the stock.
William Brennan also recently made the following trade(s):
- On Thursday, May 28th, William Brennan bought 2,000 shares of Altus Group stock. The shares were purchased at an average cost of C$42.90 per share, for a total transaction of C$85,800.00.
- On Wednesday, May 27th, William Brennan acquired 13,733 shares of Altus Group stock. The stock was purchased at an average cost of C$43.20 per share, with a total value of C$593,265.60.
- On Wednesday, May 27th, William Brennan purchased 1,600 shares of Altus Group stock. The stock was acquired at an average cost of C$42.99 per share, with a total value of C$68,784.00.
- On Tuesday, May 26th, William Brennan bought 2,400 shares of Altus Group stock. The shares were acquired at an average price of C$42.59 per share, with a total value of C$102,216.00.
Altus Group Stock Up 4.0%
Shares of TSE:AIF opened at C$47.24 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.30 and a debt-to-equity ratio of 83.44. The company has a fifty day simple moving average of C$46.12 and a 200 day simple moving average of C$45.45. The firm has a market cap of C$1.62 billion, a PE ratio of -115.22, a price-to-earnings-growth ratio of 0.96 and a beta of 0.29. Altus Group Limited has a 12-month low of C$36.97 and a 12-month high of C$63.07.
Altus Group (TSE:AIF - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.53 EPS for the quarter. The firm had revenue of C$112.67 million for the quarter. Altus Group had a negative net margin of 5.32% and a negative return on equity of 5.13%. On average, equities research analysts anticipate that Altus Group Limited will post 1.7263823 EPS for the current fiscal year.
Altus Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, June 30th. Altus Group's dividend payout ratio is -146.34%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. National Bank Financial lifted their price target on Altus Group from C$41.00 to C$50.00 and gave the stock a "sector perform" rating in a research note on Friday, August 7th. ATB Cormark Capital Markets upped their price objective on Altus Group from C$56.00 to C$57.10 and gave the company an "outperform" rating in a research note on Friday, August 7th. Finally, BMO Capital Markets lifted their target price on Altus Group from C$41.00 to C$50.00 and gave the stock a "sector perform" rating in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$55.64.
Get Our Latest Report on Altus Group
About Altus Group
(
Get Free Report)
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. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.
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