Altus Group Limited (TSE:AIF) Director Purchases C$16,710.00 in Stock

Altus Group Limited (TSE:AIF) Director William Brennan purchased 300 shares of Altus Group stock in a transaction on Monday, December 23rd. The stock was bought at an average price of C$55.70 per share, with a total value of C$16,710.00.

William Brennan also recently made the following trade(s):

• On Tuesday, December 17th, William Brennan acquired 1,227 shares of Altus Group stock. The shares were bought at an average cost of C$56.43 per share, for a total transaction of C$69,239.61.
• On Thursday, December 12th, William Brennan bought 171 shares of Altus Group stock. The stock was purchased at an average cost of C$57.50 per share, with a total value of C$9,832.50.
• On Tuesday, December 10th, William Brennan purchased 7,286 shares of Altus Group stock. The stock was purchased at an average price of C$57.24 per share, for a total transaction of C$417,050.64.
• On Monday, November 25th, William Brennan acquired 43 shares of Altus Group stock. The shares were purchased at an average price of C$57.66 per share, with a total value of C$2,479.38.
• On Wednesday, November 20th, William Brennan bought 1,738 shares of Altus Group stock. The stock was purchased at an average price of C$57.30 per share, for a total transaction of C$99,587.40.
• On Monday, November 18th, William Brennan purchased 11,144 shares of Altus Group stock. The shares were acquired at an average price of C$56.01 per share, with a total value of C$624,175.44.
• On Thursday, November 14th, William Brennan acquired 11,744 shares of Altus Group stock. The shares were acquired at an average price of C$57.30 per share, with a total value of C$672,931.20.
• On Tuesday, November 12th, William Brennan bought 15,320 shares of Altus Group stock. The stock was acquired at an average price of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Stock Up 0.0 %

Shares of TSE:AIF opened at C$56.35 on Monday. Altus Group Limited has a 1 year low of C$40.01 and a 1 year high of C$61.09. The company has a market capitalization of C$2.59 billion, a PE ratio of 939.17, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The business has a fifty day moving average price of C$56.48 and a two-hundred day moving average price of C$54.07. The company has a debt-to-equity ratio of 57.13, a current ratio of 1.41 and a quick ratio of 1.30.

Altus Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.06%. Altus Group’s payout ratio is currently 1,000.00%.

Analyst Ratings Changes

A number of analysts have commented on the company. National Bankshares boosted their price objective on Altus Group from C$50.00 to C$55.00 in a report on Thursday, September 19th. Royal Bank of Canada upped their price target on Altus Group from C$55.00 to C$56.00 in a report on Friday, November 8th. Finally, CIBC increased their price target on Altus Group from C$52.00 to C$60.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Altus Group presently has an average rating of “Hold” and an average target price of C$57.11.

About Altus Group

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.