Altus Group Limited (TSE:AIF) Director Purchases C$16,710.00 in Stock

Altus Group Limited (TSE:AIF) Director William Brennan purchased 300 shares of the stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of C$55.70 per share, with a total value 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 stock was acquired at an average price of C$56.43 per share, for a total transaction of C$69,239.61.
• On Thursday, December 12th, William Brennan bought 171 shares of Altus Group stock. The stock was bought at an average cost of C$57.50 per share, with a total value of C$9,832.50.
• On Tuesday, December 10th, William Brennan purchased 7,286 shares of Altus Group stock. The shares were bought at an average cost of C$57.24 per share, for a total transaction of C$417,050.64.
• On Monday, November 25th, William Brennan acquired 43 shares of Altus Group stock. The stock was bought at an average cost of C$57.66 per share, with a total value of C$2,479.38.
• On Wednesday, November 20th, William Brennan bought 1,738 shares of Altus Group stock. The shares were bought at an average cost of C$57.30 per share, for a total transaction of C$99,587.40.
• On Monday, November 18th, William Brennan acquired 11,144 shares of Altus Group stock. The shares were purchased 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 purchased at an average price of C$57.30 per share, with a total value of C$672,931.20.
• On Tuesday, November 12th, William Brennan purchased 15,320 shares of Altus Group stock. The shares were purchased at an average price of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Trading Up 0.0 %

AIF opened at C$56.35 on Monday. Altus Group Limited has a twelve month low of C$40.01 and a twelve month high of C$61.09. The company has a fifty day moving average of C$56.48 and a 200-day moving average of C$54.07. The stock 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 quick ratio of 1.30, a current ratio of 1.41 and a debt-to-equity ratio of 57.13.

Altus Group Announces Dividend

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

Analysts Set New Price Targets

AIF has been the topic of several recent research reports. CIBC lifted their target price on shares of Altus Group from C$52.00 to C$60.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Royal Bank of Canada lifted their price target on shares of Altus Group from C$55.00 to C$56.00 in a report on Friday, November 8th. Finally, National Bankshares boosted their price objective 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. Based on data from MarketBeat.com, Altus Group presently has a consensus rating of “Hold” and a consensus price target of C$57.11.

About Altus Group

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.