Altus Group Limited (TSE:AIF) Director Sells C$618,267.50 in Stock

Altus Group Limited (TSE:AIF) Director William Brennan sold 11,150 shares of Altus Group stock in a transaction dated Monday, December 30th. The stock was sold at an average price of C$55.45, for a total value of C$618,267.50.

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

• On Monday, December 23rd, William Brennan bought 300 shares of Altus Group stock. The stock was bought at an average price of C$55.70 per share, with a total value of C$16,710.00.
• On Tuesday, December 17th, William Brennan purchased 1,227 shares of Altus Group stock. The shares were bought at an average price of C$56.43 per share, for a total transaction of C$69,239.61.
• On Thursday, December 12th, William Brennan acquired 171 shares of Altus Group stock. The shares were purchased at an average price of C$57.50 per share, for a total transaction of C$9,832.50.
• On Tuesday, December 10th, William Brennan bought 7,286 shares of Altus Group stock. The stock was purchased at an average price of C$57.24 per share, with a total value of C$417,050.64.
• On Monday, November 25th, William Brennan acquired 43 shares of Altus Group stock. The stock was purchased at an average cost of C$57.66 per share, for a total transaction of C$2,479.38.
• On Wednesday, November 20th, William Brennan purchased 1,738 shares of Altus Group stock. The stock was acquired 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 acquired 11,144 shares of Altus Group stock. The shares were bought 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 purchased at an average price of C$57.30 per share, for a total transaction of C$672,931.20.
• On Tuesday, November 12th, William Brennan bought 15,320 shares of Altus Group stock. The shares were acquired at an average price of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Stock Up 1.4 %

TSE:AIF traded up C$0.77 during mid-day trading on Tuesday, hitting C$55.90. 26,537 shares of the company’s stock traded hands, compared to its average volume of 73,966. The company has a fifty day moving average of C$56.49 and a 200 day moving average of C$54.13. The company has a debt-to-equity ratio of 57.13, a quick ratio of 1.30 and a current ratio of 1.41. Altus Group Limited has a twelve month low of C$40.01 and a twelve month high of C$61.09. The company has a market capitalization of C$2.57 billion, a P/E ratio of 931.67, a P/E/G ratio of 0.96 and a beta of 0.82.

Altus Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Tuesday, December 31st. Altus Group’s payout ratio is currently 1,000.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. National Bankshares increased their price objective on shares of Altus Group from C$50.00 to C$55.00 in a research note on Thursday, September 19th. Royal Bank of Canada increased their target price on Altus Group from C$55.00 to C$56.00 in a research report on Friday, November 8th. Finally, CIBC boosted their price target on Altus Group from C$52.00 to C$60.00 and gave the stock 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. Based on data from MarketBeat, Altus Group has a consensus rating of “Hold” and a consensus price target of C$57.11.

Altus Group Company Profile

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.