William Brennan Purchases 2,400 Shares of Altus Group (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan bought 2,400 shares of Altus Group stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of C$42.59 per share, with a total value of C$102,216.00. Following the completion of the acquisition, the director owned 3,512,498 shares in the company, valued at approximately C$149,597,289.82. The trade was a 0.07% increase in their position.

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

• On Thursday, May 14th, William Brennan purchased 15,778 shares of Altus Group stock. The shares were bought at an average price of C$40.97 per share, for a total transaction of C$646,424.66.
• On Thursday, May 14th, William Brennan purchased 857 shares of Altus Group stock. The stock was purchased at an average cost of C$40.97 per share, for a total transaction of C$35,111.29.
• On Thursday, May 14th, William Brennan acquired 1,565 shares of Altus Group stock. The stock was purchased at an average price of C$40.97 per share, with a total value of C$64,118.05.
• On Friday, May 15th, William Brennan acquired 10,750 shares of Altus Group stock. The shares were purchased at an average cost of C$41.23 per share, with a total value of C$443,222.50.
• On Friday, May 15th, William Brennan bought 584 shares of Altus Group stock. The stock was purchased at an average price of C$41.23 per share, for a total transaction of C$24,078.32.
• On Friday, May 15th, William Brennan bought 1,066 shares of Altus Group stock. The stock was purchased at an average price of C$41.23 per share, for a total transaction of C$43,951.18.
• On Friday, May 15th, William Brennan bought 33,544 shares of Altus Group stock. The shares were purchased at an average cost of C$41.33 per share, with a total value of C$1,386,373.52.
• On Tuesday, May 19th, William Brennan purchased 106,515 shares of Altus Group stock. The stock was acquired at an average cost of C$42.80 per share, for a total transaction of C$4,558,842.00.

Altus Group Trading Down 0.2%

Altus Group stock opened at C$43.04 on Thursday. Altus Group Limited has a 52 week low of C$36.97 and a 52 week high of C$63.07. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.30 and a current ratio of 0.71. The firm has a market capitalization of C$1.54 billion, a PE ratio of -2,152.00, a PEG ratio of 0.96 and a beta of 0.64. The business’s 50-day simple moving average is C$46.02 and its 200-day simple moving average is C$48.71.

Altus Group (TSE:AIF) last announced its earnings results on Thursday, May 7th. The company reported C$0.42 earnings per share for the quarter. The firm had revenue of C$108.24 million during the quarter. Altus Group had a negative return on equity of 2.76% and a negative net margin of 3.42%. Equities research analysts forecast that Altus Group Limited will post 1.7263823 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on AIF. National Bank Financial dropped their price objective on shares of Altus Group from C$52.00 to C$45.00 and set a “sector perform” rating on the stock in a report on Wednesday. ATB Cormark Capital Markets increased their target price on shares of Altus Group from C$54.00 to C$58.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. TD Securities decreased their target price on Altus Group from C$67.00 to C$55.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Royal Bank Of Canada lowered their price target on Altus Group from C$56.00 to C$50.00 and set a “sector perform” rating on the stock in a research note on Friday, February 20th. Finally, BMO Capital Markets upped their price target on Altus Group from C$48.00 to C$54.00 in a report on Thursday, April 16th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of C$55.63.

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. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.