William Brennan Purchases 3,771 Shares of Altus Group (TSE:AIF) Stock

Altus Group Limited (TSE:AIFGet Free Report) Director William Brennan purchased 3,771 shares of the stock in a transaction dated Monday, September 21st. The shares were acquired at an average price of C$44.84 per share, with a total value of C$169,091.64. Following the transaction, the director owned 3,659,822 shares in the company, valued at C$164,106,418.48. This trade represents a 0.10% increase in their ownership of the stock.

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

  • On Monday, September 21st, William Brennan acquired 2,829 shares of Altus Group stock. The stock was acquired at an average price of C$44.84 per share, for a total transaction of C$126,852.36.
  • On Friday, September 18th, William Brennan acquired 13,200 shares of Altus Group stock. The stock was acquired at an average cost of C$44.95 per share, for a total transaction of C$593,340.00.
  • On Friday, September 18th, William Brennan bought 9,900 shares of Altus Group stock. The shares were acquired at an average cost of C$44.95 per share, with a total value of C$445,005.00.
  • On Thursday, September 17th, William Brennan bought 1,828 shares of Altus Group stock. The shares were acquired at an average price of C$45.00 per share, with a total value of C$82,260.00.
  • On Thursday, September 17th, William Brennan purchased 1,372 shares of Altus Group stock. The stock was bought at an average price of C$45.00 per share, for a total transaction of C$61,740.00.
  • On Wednesday, September 16th, William Brennan acquired 171 shares of Altus Group stock. The shares were bought at an average cost of C$45.00 per share, with a total value of C$7,695.00.
  • On Wednesday, September 16th, William Brennan acquired 129 shares of Altus Group stock. The stock was bought at an average price of C$45.00 per share, with a total value of C$5,805.00.
  • On Tuesday, September 8th, William Brennan bought 9,743 shares of Altus Group stock. The stock was bought at an average cost of C$46.88 per share, for a total transaction of C$456,751.84.
  • On Monday, August 17th, William Brennan bought 15,265 shares of Altus Group stock. The stock was bought at an average cost of C$45.53 per share, for a total transaction of C$695,015.45.

Altus Group Trading Up 0.4%

AIF traded up C$0.18 during midday trading on Tuesday, reaching C$44.56. 74,022 shares of the company were exchanged, compared to its average volume of 206,353. The stock has a market capitalization of C$1.52 billion, a P/E ratio of -108.68, a PEG ratio of 0.96 and a beta of 0.46. Altus Group Limited has a one year low of C$36.97 and a one year high of C$63.07. The stock’s 50-day simple moving average is C$46.76 and its 200 day simple moving average is C$46.10. The company has a debt-to-equity ratio of 83.44, a quick ratio of 1.30 and a current ratio of 1.09.

Altus Group (TSE:AIFGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.53 EPS for the quarter. The business had revenue of C$112.67 million during the quarter. Altus Group had a negative net margin of 5.32% and a negative return on equity of 5.13%. As a group, analysts forecast that Altus Group Limited will post 1.7263823 earnings per share for the current fiscal year.

Altus Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were issued a $0.15 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. Altus Group’s dividend payout ratio (DPR) is -146.34%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AIF. ATB Cormark Capital Markets boosted their price target on Altus Group from C$56.00 to C$57.10 and gave the stock an “outperform” rating in a research report on Friday, August 7th. BMO Capital Markets boosted their target price on Altus Group from C$41.00 to C$50.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. Finally, National Bank Financial raised their price target on Altus Group from C$41.00 to C$50.00 and gave the company a “sector perform” rating in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Altus Group presently has a consensus rating of “Hold” and an average price target of C$55.64.

Read Our Latest Stock Analysis on Altus Group

Altus Group Company Profile

(Get Free Report)

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.

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