Key Points
- Cibc Asset Management Inc. purchased 64,700 Trisura shares on Oct. 21 at C$37.78 each for a total of C$2,444,366, increasing its stake to 5,479,427 shares (a 1.19% ownership rise valued at C$207,012,752).
- Trisura posted quarterly EPS of C$0.79 on C$799.34M revenue with a 3.76% net margin and 16.3% ROE, and analysts hold a consensus Buy rating with an average target price of C$53.71 after multiple target raises.
Trisura Group Ltd. (TSE:TSU - Get Free Report) insider Cibc Asset Management Inc. bought 64,700 shares of the company's stock in a transaction that occurred on Tuesday, October 21st. The shares were purchased at an average price of C$37.78 per share, with a total value of C$2,444,366.00. Following the transaction, the insider directly owned 5,479,427 shares in the company, valued at C$207,012,752.06. This represents a 1.19% increase in their ownership of the stock.
Trisura Group Stock Up 0.8%
TSE:TSU opened at C$39.24 on Friday. The firm has a market cap of C$1.87 billion, a PE ratio of 15.33 and a beta of 0.14. Trisura Group Ltd. has a 12 month low of C$30.77 and a 12 month high of C$44.99. The company's 50-day moving average price is C$38.67 and its two-hundred day moving average price is C$40.28.
Trisura Group (TSE:TSU - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.79 earnings per share for the quarter. Trisura Group had a net margin of 3.76% and a return on equity of 16.30%. The company had revenue of C$799.34 million during the quarter. On average, research analysts expect that Trisura Group Ltd. will post 3.1349036 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Royal Bank Of Canada lifted their price objective on Trisura Group from C$55.00 to C$57.00 in a research report on Monday, November 10th. Desjardins set a C$54.00 target price on Trisura Group and gave the company a "buy" rating in a research note on Friday, October 24th. Scotiabank lifted their price target on Trisura Group from C$50.00 to C$51.00 in a report on Wednesday, July 23rd. Finally, Cormark upped their price target on shares of Trisura Group from C$54.00 to C$57.00 in a research report on Monday, August 11th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Trisura Group has a consensus rating of "Buy" and an average target price of C$53.71.
Get Our Latest Analysis on Trisura Group
Trisura Group Company Profile
(
Get Free Report)
Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International.
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