Altus Group Limited (TSE:AIF) Director William Brennan Buys 11,744 Shares

Altus Group Limited (TSE:AIF) Director William Brennan bought 11,744 shares of the stock in a transaction dated Thursday, November 14th. The shares were bought at an average cost of C$57.30 per share, with a total value of C$672,931.20.

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

• On Tuesday, November 12th, William Brennan purchased 15,320 shares of Altus Group stock. The shares were bought at an average cost of C$57.35 per share, with a total value of C$878,602.00.
• On Thursday, September 26th, William Brennan sold 18,551 shares of Altus Group stock. The stock was sold at an average price of C$55.32, for a total value of C$1,026,241.32.
• On Tuesday, September 24th, William Brennan purchased 500 shares of Altus Group stock. The shares were purchased at an average price of C$54.48 per share, for a total transaction of C$27,240.00.

Altus Group Stock Down 1.5 %

Shares of TSE AIF opened at C$56.22 on Friday. The stock has a market cap of C$2.59 billion, a PE ratio of 937.00, a P/E/G ratio of 0.96 and a beta of 0.82. The company has a current ratio of 1.41, a quick ratio of 1.30 and a debt-to-equity ratio of 57.13. Altus Group Limited has a 12-month low of C$38.17 and a 12-month high of C$59.60. The company has a 50-day moving average of C$54.30 and a 200 day moving average of C$52.33.

Altus Group Dividend Announcement

The company also recently declared 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 of this dividend is Tuesday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.07%. Altus Group’s dividend payout ratio (DPR) is 1,000.00%.

Analysts Set New Price Targets

A number of brokerages recently commented on AIF. CIBC reduced their price objective on shares of Altus Group from C$53.00 to C$52.00 in a research note on Friday, November 8th. BMO Capital Markets reduced their price target on Altus Group from C$59.00 to C$55.00 in a research report on Friday, August 9th. TD Securities dropped their price objective on Altus Group from C$65.00 to C$63.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Scotiabank reduced their target price on shares of Altus Group from C$59.00 to C$51.00 and set a “sector perform” rating for the company in a report on Friday, August 9th. Finally, Cormark decreased their price target on shares of Altus Group from C$63.00 to C$56.00 and set a “hold” rating for the company in a research report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Altus Group presently has an average rating of “Hold” and an average price target of C$56.22.

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.