William Brennan Purchases 1,227 Shares of Altus Group Limited (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan bought 1,227 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average price of C$56.43 per share, for a total transaction of C$69,239.61.

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

• On Thursday, December 12th, William Brennan purchased 171 shares of Altus Group stock. The shares were acquired at an average cost of C$57.50 per share, with a total value of C$9,832.50.
• On Tuesday, December 10th, William Brennan bought 7,286 shares of Altus Group stock. The shares were acquired 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 purchased 43 shares of Altus Group stock. The stock was bought at an average price of C$57.66 per share, for a total transaction of C$2,479.38.
• On Wednesday, November 20th, William Brennan bought 1,738 shares of Altus Group stock. The stock was bought at an average cost of C$57.30 per share, for a total transaction of C$99,587.40.
• On Monday, November 18th, William Brennan purchased 11,144 shares of Altus Group stock. The stock was bought 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 shares were purchased at an average cost 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 stock was purchased 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 value of C$1,026,241.32.
• On Tuesday, September 24th, William Brennan bought 500 shares of Altus Group stock. The shares were bought at an average price of C$54.48 per share, for a total transaction of C$27,240.00.

Altus Group Trading Down 1.7 %

Shares of AIF stock opened at C$55.91 on Thursday. The company has a debt-to-equity ratio of 57.13, a current ratio of 1.41 and a quick ratio of 1.30. The company has a market cap of C$2.57 billion, a price-to-earnings ratio of 931.83, a PEG ratio of 0.96 and a beta of 0.82. Altus Group Limited has a 1 year low of C$40.01 and a 1 year high of C$61.09. The firm has a fifty day moving average price of C$56.12 and a 200-day moving average price of C$53.58.

Altus Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AIF shares. CIBC decreased their price objective on shares of Altus Group from C$53.00 to C$52.00 in a report on Friday, November 8th. Royal Bank of Canada boosted their target price on shares of Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. Finally, National Bankshares raised their price target on 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 given a buy rating to the company’s stock. According to data from MarketBeat.com, Altus Group has an average rating of “Hold” and a consensus 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.