Equitable Group Inc. (TSE:EQB) Senior Officer Andrew Moor Sells 3,000 Shares

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Equitable Group Inc. (TSE:EQB) Senior Officer Andrew Moor sold 3,000 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$100.36, for a total transaction of C$301,080.00. Following the transaction, the insider now owns 18,399 shares of the company’s stock, valued at approximately C$1,846,523.64.

Andrew Moor also recently made the following trade(s):

  • On Wednesday, August 28th, Andrew Moor sold 500 shares of Equitable Group stock. The stock was sold at an average price of C$97.50, for a total transaction of C$48,750.00.
  • On Friday, August 9th, Andrew Moor sold 8,000 shares of Equitable Group stock. The stock was sold at an average price of C$96.11, for a total transaction of C$768,880.00.

EQB traded up C$0.52 on Thursday, reaching C$100.40. The company had a trading volume of 89,767 shares, compared to its average volume of 32,582. The company has a fifty day moving average of C$96.25 and a 200-day moving average of C$77.26. The company has a market capitalization of $1.65 billion and a P/E ratio of 9.37. Equitable Group Inc. has a one year low of C$56.12 and a one year high of C$104.50.

Equitable Group (TSE:EQB) last announced its earnings results on Tuesday, July 30th. The company reported C$3.18 earnings per share (EPS) for the quarter. The company had revenue of C$121.41 million during the quarter. Sell-side analysts forecast that Equitable Group Inc. will post 13.2293589 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 30th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from Equitable Group’s previous quarterly dividend of $0.31. Equitable Group’s dividend payout ratio is currently 10.83%.

Several equities analysts have recently commented on the stock. National Bank Financial upped their price target on shares of Equitable Group from C$88.00 to C$90.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 31st. CIBC upped their price target on shares of Equitable Group from C$94.00 to C$97.00 in a research report on Tuesday, July 30th. BMO Capital Markets upped their price target on shares of Equitable Group from C$90.00 to C$105.00 in a research report on Thursday, August 1st. TD Securities upped their price target on shares of Equitable Group from C$88.00 to C$98.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, Royal Bank of Canada upped their price target on shares of Equitable Group from C$96.00 to C$106.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st.

About Equitable Group

Equitable Group Inc, through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates (GICs), high interest savings accounts (HISAs), tax-free savings accounts, and institutional deposit notes.

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Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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