ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Acquires 1,000 Shares

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average cost of C$48.50 per share, for a total transaction of C$48,500.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Wednesday, September 25th, Sentgraf Enterprises Ltd. acquired 10,000 shares of ATCO stock. The shares were bought at an average cost of C$47.50 per share, for a total transaction of C$475,000.00.
• On Monday, September 23rd, Sentgraf Enterprises Ltd. bought 1,000 shares of ATCO stock. The shares were bought at an average cost of C$45.65 per share, with a total value of C$45,650.00.

ATCO Stock Performance

The stock’s 50 day moving average is C$44.52 and its 200 day moving average is C$40.73. The stock has a market capitalization of C$4.81 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 3.80 and a beta of 0.73. The company has a debt-to-equity ratio of 131.63, a quick ratio of 1.48 and a current ratio of 1.42. ATCO Ltd. has a 1 year low of C$32.90 and a 1 year high of C$48.72.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ACO.X. Royal Bank of Canada lifted their price objective on ATCO from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 6th. BMO Capital Markets boosted their price target on ATCO from C$50.50 to C$52.50 in a research report on Thursday, September 5th. CIBC increased their price objective on ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. National Bankshares lifted their target price on shares of ATCO from C$40.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Friday, August 23rd. Finally, Scotiabank increased their target price on shares of ATCO from C$43.00 to C$45.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$48.08.

About ATCO

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.