Altus Group Limited (TSE:AIF) Director William Brennan Purchases 600 Shares

Altus Group Limited (TSE:AIF) Director William Brennan bought 600 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were acquired at an average price of C$51.00 per share, with a total value of C$30,600.00.

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

• On Monday, March 10th, William Brennan acquired 22,156 shares of Altus Group stock. The stock was bought at an average price of C$52.09 per share, with a total value of C$1,154,106.04.
• 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.

Altus Group Trading Up 0.5 %

Altus Group stock opened at C$51.75 on Thursday. Altus Group Limited has a 12 month low of C$46.09 and a 12 month high of C$61.09. The company has a market capitalization of C$2.41 billion, a price-to-earnings ratio of 905.53, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The business’s fifty day simple moving average is C$55.52 and its two-hundred day simple moving average is C$55.48. The company has a current ratio of 2.09, a quick ratio of 1.30 and a debt-to-equity ratio of 55.91.

Altus Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, March 31st. Altus Group’s dividend payout ratio (DPR) is 1,049.89%.

Wall Street Analysts Forecast Growth

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

About Altus Group

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.