Altus Group Limited (TSE:AIF) Director William Brennan Sells 11,150 Shares

Altus Group Limited (TSE:AIF) Director William Brennan sold 11,150 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of C$55.45, for a total value of C$618,267.50.

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

• On Monday, December 23rd, William Brennan acquired 300 shares of Altus Group stock. The stock was bought at an average price of C$55.70 per share, for a total transaction of C$16,710.00.
• On Tuesday, December 17th, William Brennan bought 1,227 shares of Altus Group stock. The shares were bought at an average price of C$56.43 per share, with a total value of C$69,239.61.
• On Thursday, December 12th, William Brennan purchased 171 shares of Altus Group stock. The stock was bought at an average cost of C$57.50 per share, for a total transaction of C$9,832.50.
• On Tuesday, December 10th, William Brennan acquired 7,286 shares of Altus Group stock. The shares were bought at an average cost of C$57.24 per share, with a total value of C$417,050.64.
• On Monday, November 25th, William Brennan bought 43 shares of Altus Group stock. The stock was purchased at an average cost of C$57.66 per share, for a total transaction of C$2,479.38.
• On Wednesday, November 20th, William Brennan acquired 1,738 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$99,587.40.
• On Monday, November 18th, William Brennan acquired 11,144 shares of Altus Group stock. The shares were purchased at an average price 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 acquired at an average price of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Stock Performance

Altus Group stock opened at C$55.58 on Friday. Altus Group Limited has a 1-year low of C$40.01 and a 1-year high of C$61.09. The firm has a market cap of C$2.56 billion, a P/E ratio of 926.33, 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. The firm has a 50-day moving average of C$56.58 and a 200-day moving average of C$54.21.

Altus Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.08%. Altus Group’s dividend payout ratio (DPR) is presently 1,000.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AIF shares. Royal Bank of Canada upped their price objective on shares of Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. CIBC raised their price objective on Altus Group from C$52.00 to C$60.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. Finally, National Bankshares lifted their price objective on Altus Group from C$50.00 to C$55.00 in a report on Thursday, September 19th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Altus Group currently has an average rating of “Hold” and an average target price 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.