Peter Alexander Conroy Sells 13,965 Shares of TMX Group Limited (TSE:X) Stock

TMX Group Limited (TSE:X - Get Free Report) Director Peter Alexander Conroy sold 13,965 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of C$36.19, for a total value of C$505,347.27.

TMX Group Stock Down 0.8 %

TSE:X traded down C$0.30 on Wednesday, reaching C$36.56. 350,744 shares of the stock traded hands, compared to its average volume of 351,633. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 26.67. The company has a market capitalization of C$10.11 billion, a price-to-earnings ratio of 28.56, a PEG ratio of 12.65 and a beta of 0.39. TMX Group Limited has a 12 month low of C$28.24 and a 12 month high of C$37.59. The company's fifty day simple moving average is C$35.66 and its 200 day simple moving average is C$32.91.

TMX Group (TSE:X - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported C$0.38 EPS for the quarter, topping the consensus estimate of C$0.37 by C$0.01. The company had revenue of C$345.90 million during the quarter, compared to the consensus estimate of C$338.61 million. TMX Group had a return on equity of 9.10% and a net margin of 12.28%. Equities analysts predict that TMX Group Limited will post 1.6194927 EPS for the current fiscal year.

TMX Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.76 annualized dividend and a dividend yield of 2.08%. This is an increase from TMX Group's previous quarterly dividend of $0.18. TMX Group's dividend payout ratio (DPR) is 55.47%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of TMX Group from C$38.00 to C$39.00 and gave the company a "sector perform" rating in a report on Tuesday, April 30th. Royal Bank of Canada decreased their target price on TMX Group from C$40.00 to C$39.00 and set a "sector perform" rating for the company in a research report on Sunday. CIBC raised their price objective on shares of TMX Group from C$38.00 to C$40.00 and gave the stock a "neutral" rating in a report on Friday, May 3rd. Barclays raised their price target on shares of TMX Group from C$35.00 to C$38.00 in a research note on Monday, April 8th. Finally, National Bankshares increased their price objective on TMX Group from C$37.00 to C$40.00 and gave the company a "sector perform" rating in a report on Tuesday, April 30th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of C$39.88.

TMX Group Company Profile

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.