ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Acquires 7,400 Shares

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. acquired 7,400 shares of ATCO stock in a transaction dated Friday, December 6th. The shares were bought at an average cost of C$49.00 per share, with a total value of C$362,600.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Monday, December 9th, Sentgraf Enterprises Ltd. purchased 5,000 shares of ATCO stock. The stock was bought at an average price of C$49.25 per share, with a total value of C$246,250.00.
• On Friday, September 27th, Sentgraf Enterprises Ltd. acquired 1,000 shares of ATCO stock. The shares were bought at an average price of C$48.50 per share, for a total transaction of C$48,500.00.
• On Wednesday, September 25th, Sentgraf Enterprises Ltd. bought 10,000 shares of ATCO stock. The stock was purchased at an average price of C$47.50 per share, with a total value of C$475,000.00.
• On Monday, September 23rd, Sentgraf Enterprises Ltd. purchased 1,000 shares of ATCO stock. The shares were purchased at an average price of C$45.65 per share, for a total transaction of C$45,650.00.

ATCO Stock Performance

Shares of TSE ACO.X opened at C$48.40 on Thursday. The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48. ATCO Ltd. has a one year low of C$35.56 and a one year high of C$50.67. The business’s 50-day moving average price is C$48.38 and its two-hundred day moving average price is C$44.14. The company has a market capitalization of C$4.83 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 3.80 and a beta of 0.74.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Royal Bank of Canada raised their price objective on shares of ATCO from C$50.00 to C$51.00 in a research note on Friday, November 15th. CIBC lowered their price target on ATCO from C$59.00 to C$58.00 in a report on Friday, November 15th. Scotiabank increased their price objective on ATCO from C$45.00 to C$49.00 in a research note on Friday, November 15th. National Bankshares raised their price objective on ATCO from C$40.00 to C$45.00 and gave the stock a “sector perform” rating in a research report on Friday, August 23rd. Finally, BMO Capital Markets upped their target price on ATCO from C$50.50 to C$52.50 in a report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$51.10.

About ATCO

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.