Altus Group Limited (TSE:AIF) Director Purchases C$624,175.44 in Stock

Altus Group Limited (TSE:AIF) Director William Brennan bought 11,144 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was bought at an average price of C$56.01 per share, for a total transaction of C$624,175.44.

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

• On Wednesday, November 20th, William Brennan purchased 1,738 shares of Altus Group stock. The shares were acquired at an average price of C$57.30 per share, for a total transaction of C$99,587.40.
• On Thursday, November 14th, William Brennan bought 11,744 shares of Altus Group stock. The stock was bought 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 purchased 15,320 shares of Altus Group stock. The shares were purchased at an average cost of C$57.35 per share, for a total transaction of C$878,602.00.
• On Thursday, September 26th, William Brennan sold 18,551 shares of Altus Group stock. The stock was sold at an average price of C$55.32, for a total transaction of C$1,026,241.32.
• On Tuesday, September 24th, William Brennan purchased 500 shares of Altus Group stock. The stock was bought at an average price of C$54.48 per share, with a total value of C$27,240.00.

Altus Group Trading Down 0.2 %

TSE:AIF opened at C$57.32 on Friday. Altus Group Limited has a 12 month low of C$38.87 and a 12 month high of C$59.60. The company has a current ratio of 1.41, a quick ratio of 1.30 and a debt-to-equity ratio of 57.13. The company has a 50-day moving average price of C$54.44 and a 200-day moving average price of C$52.45. The stock has a market cap of C$2.64 billion, a price-to-earnings ratio of 956.33, a P/E/G ratio of 0.96 and a beta of 0.82.

Altus Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Tuesday, December 31st. Altus Group’s dividend payout ratio is currently 1,000.00%.

Analyst Ratings Changes

A number of research firms recently weighed in on AIF. Scotiabank decreased their target price on shares of Altus Group from C$59.00 to C$51.00 and set a “sector perform” rating on the stock in a report on Friday, August 9th. TD Securities decreased their price target on shares of Altus Group from C$65.00 to C$63.00 and set a “buy” rating on the stock in a report on Friday, August 9th. National Bankshares lifted their price objective on Altus Group from C$50.00 to C$55.00 in a research note on Thursday, September 19th. Royal Bank of Canada upped their target price on Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. Finally, BMO Capital Markets cut their price objective on Altus Group from C$59.00 to C$55.00 in a report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Altus Group currently has an average rating of “Hold” and an average price target of C$56.22.

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.