William Brennan Purchases 7,286 Shares of Altus Group Limited (TSE:AIF) Stock

Altus Group Limited (TSE:AIF) Director William Brennan acquired 7,286 shares of Altus Group stock in a transaction dated Tuesday, December 10th. The stock was bought at an average price of C$57.24 per share, with a total value of C$417,050.64.

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

• On Monday, November 25th, William Brennan purchased 43 shares of Altus Group stock. The stock was acquired at an average price of C$57.66 per share, with a total value of C$2,479.38.
• On Wednesday, November 20th, William Brennan purchased 1,738 shares of Altus Group stock. The stock was acquired 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 purchased 11,144 shares of Altus Group stock. The stock was acquired at an average price of C$56.01 per share, with a total value of C$624,175.44.
• On Thursday, November 14th, William Brennan purchased 11,744 shares of Altus Group stock. The stock was acquired 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 stock was acquired at an average price of C$57.35 per share, with a total value of C$878,602.00.
• On Thursday, September 26th, William Brennan sold 18,551 shares of Altus Group stock. The stock was sold at an average price of C$55.32, for a total value of C$1,026,241.32.
• On Tuesday, September 24th, William Brennan acquired 500 shares of Altus Group stock. The shares were bought at an average cost of C$54.48 per share, with a total value of C$27,240.00.

Altus Group Stock Performance

Shares of TSE:AIF opened at C$57.24 on Wednesday. The firm has a market cap of C$2.64 billion, a PE ratio of 954.00, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The firm’s 50 day simple moving average is C$55.82 and its 200-day simple moving average is C$53.24. Altus Group Limited has a one year low of C$38.87 and a one year high of C$61.09. The company has a debt-to-equity ratio of 57.13, a quick ratio of 1.30 and a current ratio of 1.41.

Altus Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.05%. The ex-dividend date is Tuesday, December 31st. Altus Group’s payout ratio is 1,000.00%.

Wall Street Analyst Weigh In

AIF has been the subject of several research reports. National Bankshares increased their price objective on shares of Altus Group from C$50.00 to C$55.00 in a report on Thursday, September 19th. CIBC dropped their price objective on shares of Altus Group from C$53.00 to C$52.00 in a report on Friday, November 8th. Finally, Royal Bank of Canada increased their price objective on shares of Altus Group from C$55.00 to C$56.00 in a report on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$56.22.

Altus Group Company Profile

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.