ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Acquires 7,400 Shares

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. bought 7,400 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were acquired at an average cost of C$49.00 per share, with a total value of C$362,600.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Friday, September 27th, Sentgraf Enterprises Ltd. bought 1,000 shares of ATCO stock. The shares were acquired at an average cost of C$48.50 per share, with a total value of C$48,500.00.
• On Wednesday, September 25th, Sentgraf Enterprises Ltd. bought 10,000 shares of ATCO stock. The shares were acquired at an average cost of C$47.50 per share, with a total value of C$475,000.00.
• On Monday, September 23rd, Sentgraf Enterprises Ltd. bought 1,000 shares of ATCO stock. The shares were acquired at an average cost of C$45.65 per share, with a total value of C$45,650.00.

ATCO Stock Up 0.8 %

Shares of TSE ACO.X traded up C$0.40 during trading hours on Tuesday, hitting C$48.90. The company had a trading volume of 137,448 shares, compared to its average volume of 194,705. The stock has a market capitalization of C$4.88 billion, a P/E ratio of 14.18, a price-to-earnings-growth ratio of 3.80 and a beta of 0.74. The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63. ATCO Ltd. has a 1-year low of C$35.56 and a 1-year high of C$50.67. The firm’s 50 day moving average is C$48.25 and its 200-day moving average is C$44.03.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Scotiabank raised their price target on shares of ATCO from C$45.00 to C$49.00 in a research note on Friday, November 15th. CIBC decreased their price target on shares of ATCO from C$59.00 to C$58.00 in a research note on Friday, November 15th. National Bankshares raised their price target on shares of ATCO from C$40.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Friday, August 23rd. Royal Bank of Canada raised their price target on shares of ATCO from C$50.00 to C$51.00 in a research note on Friday, November 15th. Finally, BMO Capital Markets raised their price target on shares of ATCO from C$50.50 to C$52.50 in a research note on Thursday, September 5th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$51.10.

About ATCO

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.