Altus Group Limited (TSE:AIF) Director William Brennan Buys 300 Shares

Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan acquired 300 shares of the firm's stock in a transaction on Monday, December 23rd. The shares were acquired at an average price of C$55.70 per share, with a total value of C$16,710.00.

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

• On Tuesday, December 17th, William Brennan bought 1,227 shares of Altus Group stock. The stock was 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 shares were bought at an average price 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 purchased at an average price of C$57.24 per share, with a total value of C$417,050.64.
• On Monday, November 25th, William Brennan acquired 43 shares of Altus Group stock. The shares were purchased at an average cost of C$57.66 per share, with a total value of C$2,479.38.
• On Wednesday, November 20th, William Brennan bought 1,738 shares of Altus Group stock. The stock was purchased at an average cost of C$57.30 per share, for a total transaction of C$99,587.40.
• On Monday, November 18th, William Brennan purchased 11,144 shares of Altus Group stock. The shares were purchased 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 acquired 11,744 shares of Altus Group stock. The stock was purchased at an average price of C$57.30 per share, for a total transaction of C$672,931.20.
• On Tuesday, November 12th, William Brennan acquired 15,320 shares of Altus Group stock. The shares were acquired at an average cost of C$57.35 per share, for a total transaction of C$878,602.00.

Altus Group Stock Performance

AIF stock traded up C$0.01 during mid-day trading on Friday, reaching C$56.35. 89,951 shares of the stock traded hands, compared to its average volume of 74,214. The firm has a market capitalization of C$2.59 billion, a PE ratio of 939.17, a P/E/G ratio of 0.96 and a beta of 0.82. The business has a 50-day moving average of C$56.44 and a two-hundred day moving average of C$53.91. Altus Group Limited has a 52 week low of C$40.01 and a 52 week high of C$61.09. The company has a quick ratio of 1.30, a current ratio of 1.41 and a debt-to-equity ratio of 57.13.

Altus Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Tuesday, December 31st. Altus Group's dividend payout ratio (DPR) is currently 1,000.00%.

Analysts Set New Price Targets

Several brokerages have recently commented on AIF. Royal Bank of Canada increased their price target on shares of Altus Group from C$55.00 to C$56.00 in a research note on Friday, November 8th. National Bankshares increased their target price on shares of Altus Group from C$50.00 to C$55.00 in a research report on Thursday, September 19th. Finally, CIBC boosted their price target on Altus Group from C$52.00 to C$60.00 and gave the stock a "neutral" rating in a research report on Thursday, December 19th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Altus Group presently has an average rating of "Hold" and an average price target 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.