TMX Group Limited (TSE:X – Get Free Report) insider Cheryl Graden sold 17,000 shares of TMX Group stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of C$54.14, for a total value of C$920,380.00.
Cheryl Graden also recently made the following trade(s):
- On Tuesday, September 1st, Cheryl Graden sold 5 shares of TMX Group stock. The shares were sold at an average price of C$54.25, for a total transaction of C$271.25.
- On Tuesday, September 1st, Cheryl Graden sold 8,885 shares of TMX Group stock. The stock was sold at an average price of C$54.41, for a total transaction of C$483,432.85.
- On Tuesday, September 1st, Cheryl Graden sold 14,665 shares of TMX Group stock. The stock was sold at an average price of C$54.53, for a total transaction of C$799,682.45.
- On Tuesday, September 1st, Cheryl Graden sold 1,180 shares of TMX Group stock. The stock was sold at an average price of C$54.54, for a total value of C$64,357.20.
TMX Group Stock Performance
Shares of X stock traded up C$1.28 during trading hours on Thursday, reaching C$54.32. The stock had a trading volume of 198,106 shares, compared to its average volume of 861,091. TMX Group Limited has a twelve month low of C$44.10 and a twelve month high of C$57.27. The company has a debt-to-equity ratio of 41.81, a current ratio of 2.76 and a quick ratio of 0.01. The firm has a market capitalization of C$14.96 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 12.65 and a beta of -0.15. The firm has a 50-day simple moving average of C$50.90 and a 200-day simple moving average of C$50.54.
TMX Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 28th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, August 14th. This is a boost from TMX Group’s previous quarterly dividend of $0.24. TMX Group’s dividend payout ratio is 42.40%.
Wall Street Analyst Weigh In
Several research firms have weighed in on X. Barclays raised their target price on TMX Group from C$58.00 to C$59.00 in a report on Thursday, July 9th. Scotia increased their price objective on shares of TMX Group from C$70.00 to C$71.00 and gave the company a “sector outperform” rating in a research note on Wednesday, May 6th. BMO Capital Markets increased their target price on TMX Group from C$62.00 to C$65.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. National Bank Financial raised shares of TMX Group from a “hold” rating to an “outperform” rating and cut their price target for the company from C$65.00 to C$63.00 in a report on Monday, July 27th. Finally, Canaccord Genuity Group boosted their price objective on TMX Group from C$63.00 to C$64.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$65.28.
TMX Group Company Profile
TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.
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