William Brennan Buys 1,738 Shares of Altus Group Limited (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan purchased 1,738 shares of Altus Group stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of C$57.30 per share, for a total transaction of C$99,587.40.

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

• On Monday, November 18th, William Brennan acquired 11,144 shares of Altus Group stock. The stock was acquired at an average cost 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 stock was acquired at an average cost of C$57.30 per share, with a total value of C$672,931.20.
• On Tuesday, November 12th, William Brennan acquired 15,320 shares of Altus Group stock. The stock was acquired at an average cost of C$57.35 per share, with a total value 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 acquired 500 shares of Altus Group stock. The stock was acquired at an average cost of C$54.48 per share, with a total value of C$27,240.00.

Altus Group Trading Up 0.8 %

Shares of AIF opened at C$57.75 on Friday. Altus Group Limited has a 1-year low of C$38.87 and a 1-year high of C$59.60. The company has a 50-day moving average of C$54.49 and a 200 day moving average of C$52.50. The firm has a market capitalization of C$2.66 billion, a price-to-earnings ratio of 953.17, a PEG ratio of 0.96 and a beta of 0.82. The company has a debt-to-equity ratio of 57.13, a current ratio of 1.41 and a quick ratio of 1.30.

Altus Group Announces Dividend

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 issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.04%. Altus Group’s payout ratio is 1,000.00%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AIF. CIBC dropped their price objective on shares of Altus Group from C$53.00 to C$52.00 in a research note on Friday, November 8th. Scotiabank dropped their price target on shares of Altus Group from C$59.00 to C$51.00 and set a “sector perform” rating for the company in a research note on Friday, August 9th. Royal Bank of Canada lifted their price target on shares of Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. BMO Capital Markets dropped their price target on shares of Altus Group from C$59.00 to C$55.00 in a research note on Friday, August 9th. Finally, National Bankshares lifted their price target on shares of Altus Group from C$50.00 to C$55.00 in a research note on Thursday, September 19th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.