Insider Buying: Altus Group Limited (TSE:AIF) Director Acquires 300 Shares of Stock

Altus Group Limited (TSE:AIF) Director William Brennan acquired 300 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was purchased at an average price of C$55.70 per share, for a total transaction of C$16,710.00.

William Brennan also recently made the following trade(s):

• On Tuesday, December 17th, William Brennan bought 1,227 shares of Altus Group stock. The shares were acquired at an average cost of C$56.43 per share, with a total value of C$69,239.61.
• On Thursday, December 12th, William Brennan purchased 171 shares of Altus Group stock. The shares were acquired at an average cost of C$57.50 per share, for a total transaction of C$9,832.50.
• On Tuesday, December 10th, William Brennan acquired 7,286 shares of Altus Group stock. The stock was acquired at an average cost of C$57.24 per share, with a total value of C$417,050.64.
• On Monday, November 25th, William Brennan bought 43 shares of Altus Group stock. The shares were acquired at an average price of C$57.66 per share, for a total transaction of C$2,479.38.
• On Wednesday, November 20th, William Brennan purchased 1,738 shares of Altus Group stock. The shares were acquired at an average cost of C$57.30 per share, with a total value of C$99,587.40.
• On Monday, November 18th, William Brennan acquired 11,144 shares of Altus Group stock. The stock was bought at an average cost of C$56.01 per share, for a total transaction of C$624,175.44.
• On Thursday, November 14th, William Brennan bought 11,744 shares of Altus Group stock. The stock was bought at an average cost of C$57.30 per share, with a total value of C$672,931.20.
• On Tuesday, November 12th, William Brennan bought 15,320 shares of Altus Group stock. The shares were bought at an average price of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Stock Up 0.0 %

Shares of TSE:AIF opened at C$56.35 on Friday. Altus Group Limited has a 12-month low of C$40.01 and a 12-month high of C$61.09. The company has a current ratio of 1.41, a quick ratio of 1.30 and a debt-to-equity ratio of 57.13. The firm has a market cap of C$2.59 billion, a PE ratio of 939.17, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The company has a fifty day simple moving average of C$56.48 and a 200 day simple moving average of C$53.97.

Altus Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.15 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.06%. Altus Group’s dividend payout ratio (DPR) is presently 1,000.00%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AIF. CIBC upped their price target on Altus Group from C$52.00 to C$60.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. Royal Bank of Canada upped their target price on shares of Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. Finally, National Bankshares lifted their price target on shares of Altus Group from C$50.00 to C$55.00 in a research note on Thursday, September 19th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Altus Group currently has a consensus rating of “Hold” and an average price target of C$57.11.

Altus Group Company Profile

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.