Altus Group Limited (TSE:AIF - Get Free Report) announced a quarterly dividend on Monday, May 12th, RTT News reports. Investors of record on Monday, June 30th will be given a dividend of 0.15 per share on Tuesday, July 15th. This represents a $0.60 annualized dividend and a yield of 1.07%.
Altus Group Stock Performance
AIF traded up C$1.40 during trading on Monday, hitting C$56.17. The stock had a trading volume of 169,060 shares, compared to its average volume of 98,293. The company has a 50 day moving average price of C$50.77 and a 200-day moving average price of C$54.57. The firm has a market cap of C$2.61 billion, a price-to-earnings ratio of 982.87, a P/E/G ratio of 0.96 and a beta of 0.82. Altus Group has a one year low of C$46.09 and a one year high of C$61.09. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.09 and a quick ratio of 1.30.
Analysts Set New Price Targets
AIF has been the subject of several recent research reports. CIBC reduced their price target on Altus Group from C$57.00 to C$54.00 in a research note on Thursday, April 17th. Royal Bank of Canada cut their target price on Altus Group from C$62.00 to C$58.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of C$56.67.
Check Out Our Latest Report on Altus Group
Insiders Place Their Bets
In other Altus Group news, Director William Brennan bought 600 shares of Altus Group stock in a transaction on Friday, March 21st. The shares were purchased at an average cost of C$51.00 per share, with a total value of C$30,600.00. Also, Senior Officer Kamila (Camilla) Bartosiewicz sold 2,500 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$54.28, for a total transaction of C$135,700.00. Insiders own 4.05% of the company's stock.
About Altus Group
(
Get Free Report)
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Altus Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altus Group wasn't on the list.
While Altus Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
