Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Tavis Aaron Carlson Acquires 3,300 Shares

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Tavis Aaron Carlson bought 3,300 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of C$15.38 per share, with a total value of C$50,754.00.

Tavis Aaron Carlson also recently made the following trade(s):

• On Wednesday, December 4th, Tavis Aaron Carlson acquired 3,260 shares of Peyto Exploration & Development stock. The stock was bought at an average price of C$15.90 per share, with a total value of C$51,834.00.
• On Wednesday, November 20th, Tavis Aaron Carlson sold 23,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$15.94, for a total value of C$366,620.00.
• On Monday, November 18th, Tavis Aaron Carlson sold 21,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.57, for a total transaction of C$326,900.70.
• On Tuesday, September 24th, Tavis Aaron Carlson acquired 675 shares of Peyto Exploration & Development stock. The stock was acquired at an average price of C$15.00 per share, with a total value of C$10,125.00.

Peyto Exploration & Development Price Performance

PEY stock opened at C$15.64 on Friday. The company has a market capitalization of C$3.06 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The company’s fifty day moving average price is C$15.80 and its 200-day moving average price is C$15.10. Peyto Exploration & Development Corp. has a one year low of C$11.95 and a one year high of C$17.27. The company has a debt-to-equity ratio of 50.02, a quick ratio of 0.32 and a current ratio of 1.15.

Peyto Exploration & Development Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.11 per share. This represents a $1.32 annualized dividend and a dividend yield of 8.44%. The ex-dividend date of this dividend was Thursday, October 31st. Peyto Exploration & Development’s dividend payout ratio (DPR) is presently 85.16%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Atlantic Securities upped their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Monday, October 7th. National Bankshares increased their target price on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. TD Securities lowered their price target on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a report on Tuesday, October 1st. Finally, BMO Capital Markets increased their price objective on shares of Peyto Exploration & Development from C$16.50 to C$17.50 in a research note on Friday, December 13th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$17.70.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.