William Brennan Purchases 2,000 Shares of Altus Group (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan acquired 2,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were acquired at an average price of C$42.90 per share, with a total value of C$85,800.00. Following the completion of the purchase, the director owned 3,529,831 shares of the company’s stock, valued at C$151,429,749.90. This trade represents a 0.06% increase in their ownership of the stock.

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

• On Wednesday, May 27th, William Brennan acquired 13,733 shares of Altus Group stock. The shares were acquired at an average price of C$43.20 per share, with a total value of C$593,265.60.
• On Wednesday, May 27th, William Brennan acquired 1,600 shares of Altus Group stock. The shares were acquired at an average price of C$42.99 per share, with a total value of C$68,784.00.
• On Tuesday, May 26th, William Brennan acquired 2,400 shares of Altus Group stock. The shares were acquired at an average price of C$42.59 per share, with a total value of C$102,216.00.
• On Thursday, May 14th, William Brennan acquired 15,778 shares of Altus Group stock. The shares were acquired at an average price of C$40.97 per share, with a total value of C$646,424.66.
• On Thursday, May 14th, William Brennan acquired 857 shares of Altus Group stock. The shares were acquired at an average price of C$40.97 per share, with a total value of C$35,111.29.
• On Thursday, May 14th, William Brennan acquired 1,565 shares of Altus Group stock. The shares were acquired at an average price of C$40.97 per share, with a total value of C$64,118.05.
• On Friday, May 15th, William Brennan acquired 10,750 shares of Altus Group stock. The shares were acquired at an average price of C$41.23 per share, with a total value of C$443,222.50.
• On Friday, May 15th, William Brennan acquired 584 shares of Altus Group stock. The shares were acquired at an average price of C$41.23 per share, with a total value of C$24,078.32.
• On Friday, May 15th, William Brennan acquired 1,066 shares of Altus Group stock. The shares were acquired at an average price of C$41.23 per share, with a total value of C$43,951.18.
• On Friday, May 15th, William Brennan acquired 33,544 shares of Altus Group stock. The shares were acquired at an average price of C$41.33 per share, with a total value of C$1,386,373.52.

Altus Group Trading Down 2.7%

TSE AIF opened at C$42.30 on Friday. The company’s fifty day simple moving average is C$45.88 and its 200-day simple moving average is C$48.64. Altus Group Limited has a 52 week low of C$36.97 and a 52 week high of C$63.07. The company has a current ratio of 0.71, a quick ratio of 1.30 and a debt-to-equity ratio of 52.00. The stock has a market cap of C$1.51 billion, a P/E ratio of -2,115.00, a PEG ratio of 0.96 and a beta of 0.64.

Altus Group (TSE:AIF) last posted its earnings results on Thursday, May 7th. The company reported C$0.42 EPS for the quarter. Altus Group had a negative net margin of 3.42% and a negative return on equity of 2.76%. The business had revenue of C$108.24 million for the quarter. Equities research analysts predict that Altus Group Limited will post 1.7263823 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on AIF. TD Securities reduced their target price on shares of Altus Group from C$67.00 to C$55.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. National Bank Financial reduced their target price on shares of Altus Group from C$52.00 to C$45.00 and set a “sector perform” rating on the stock in a research report on Wednesday. ATB Cormark Capital Markets boosted their target price on shares of Altus Group from C$54.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Royal Bank Of Canada reduced their target price on shares of Altus Group from C$56.00 to C$50.00 and set a “sector perform” rating on the stock in a research report on Friday, February 20th. Finally, BMO Capital Markets boosted their target price on shares of Altus Group from C$48.00 to C$54.00 in a research report on Thursday, April 16th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Altus Group presently has a consensus rating of “Hold” and a consensus target price of C$55.63.

Altus Group Company Profile

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.