Altus Group Limited (TSE:AIF) insider Barry Isaac Eisen sold 2,000 shares of Altus Group Limited stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of C$35.90, for a total value of C$71,800.00.
Altus Group Limited (TSE:AIF) traded down C$0.09 during mid-day trading on Tuesday, reaching C$35.45. The company had a trading volume of 46,791 shares, compared to its average volume of 101,637. Altus Group Limited has a fifty-two week low of C$25.25 and a fifty-two week high of C$37.89.
The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date was Thursday, September 28th. Altus Group Limited’s dividend payout ratio (DPR) is presently 18.93%.
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A number of research firms have recently weighed in on AIF. National Bank Financial lifted their target price on Altus Group Limited from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. CIBC boosted their price target on Altus Group Limited from C$28.00 to C$32.00 in a research note on Friday, November 3rd. TD Securities boosted their price target on Altus Group Limited from C$36.00 to C$41.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. BMO Capital Markets boosted their price target on Altus Group Limited from C$37.00 to C$43.00 in a research note on Friday, November 3rd. Finally, Canaccord Genuity boosted their price target on Altus Group Limited from C$36.00 to C$39.00 in a research note on Wednesday, November 1st. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Altus Group Limited presently has an average rating of “Buy” and a consensus target price of C$39.67.
About Altus Group Limited
Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.
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