William Brennan Acquires 22,156 Shares of Altus Group Limited (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan acquired 22,156 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was purchased at an average cost of C$52.09 per share, with a total value of C$1,154,106.04.

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

• On Monday, December 30th, William Brennan sold 11,150 shares of Altus Group stock. The shares were sold at an average price of C$55.45, for a total transaction of C$618,267.50.
• On Monday, December 23rd, William Brennan acquired 300 shares of Altus Group stock. The shares were acquired at an average cost of C$55.70 per share, for a total transaction of C$16,710.00.
• On Tuesday, December 17th, William Brennan bought 1,227 shares of Altus Group stock. The stock was acquired at an average cost of C$56.43 per share, with a total value of C$69,239.61.
• On Thursday, December 12th, William Brennan bought 171 shares of Altus Group stock. The shares were acquired at an average price of C$57.50 per share, with a total value of C$9,832.50.

Altus Group Price Performance

Shares of AIF opened at C$51.89 on Thursday. The company has a current ratio of 2.09, a quick ratio of 1.30 and a debt-to-equity ratio of 55.91. The stock’s 50 day moving average is C$56.25 and its two-hundred day moving average is C$55.58. Altus Group Limited has a twelve month low of C$46.09 and a twelve month high of C$61.09. The firm has a market capitalization of C$2.41 billion, a PE ratio of 907.98, a P/E/G ratio of 0.96 and a beta of 0.82.

Wall Street Analyst Weigh In

Several research firms have commented on AIF. Royal Bank of Canada upped their price objective on Altus Group from C$56.00 to C$62.00 in a research note on Friday, February 21st. CIBC dropped their target price on Altus Group from C$60.00 to C$57.00 in a report on Friday, February 21st. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$57.44.

Altus Group Company Profile

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.