Altus Group Limited (TSE:AIF - Get Free Report) Senior Officer Kimberly Carter sold 725 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$55.00, for a total transaction of C$39,875.00.
Altus Group Trading Down 0.7%
AIF traded down C$0.36 during midday trading on Monday, reaching C$54.14. 144,923 shares of the company were exchanged, compared to its average volume of 100,661. The stock has a market capitalization of C$2.52 billion, a P/E ratio of 947.35, a PEG ratio of 0.96 and a beta of 0.82. Altus Group Limited has a one year low of C$46.09 and a one year high of C$61.09. The stock's 50-day simple moving average is C$51.75 and its 200 day simple moving average is C$54.69. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09.
Altus Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.11%. Altus Group's dividend payout ratio (DPR) is 1,049.89%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Royal Bank of Canada lowered 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 note on Tuesday, April 22nd. BMO Capital Markets raised their price target on Altus Group from C$60.00 to C$62.00 in a report on Thursday, May 22nd. Finally, CIBC dropped their price objective on Altus Group from C$57.00 to C$54.00 in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$57.44.
Check Out Our Latest Research Report on Altus Group
Altus Group Company Profile
(
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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.
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