Laura Lee Dottori-Attanasio Purchases 2,500 Shares of Element Fleet Management Corp. (TSE:EFN) Stock

Element Fleet Management Corp. (TSE:EFN - Get Free Report) Senior Officer Laura Lee Dottori-Attanasio acquired 2,500 shares of Element Fleet Management stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of C$28.78 per share, for a total transaction of C$71,950.00.

Laura Lee Dottori-Attanasio also recently made the following trade(s):

• On Friday, December 13th, Laura Lee Dottori-Attanasio acquired 10,500 shares of Element Fleet Management stock. The shares were acquired at an average price of C$28.70 per share, for a total transaction of C$301,350.00.

Element Fleet Management Price Performance

Shares of TSE EFN traded up C$0.28 during mid-day trading on Monday, reaching C$29.18. 496,596 shares of the company traded hands, compared to its average volume of 572,470. The firm has a market cap of C$11.78 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The company has a debt-to-equity ratio of 303.14, a current ratio of 8.22 and a quick ratio of 5.70. Element Fleet Management Corp. has a fifty-two week low of C$21.08 and a fifty-two week high of C$30.49. The stock has a fifty day simple moving average of C$29.11 and a 200-day simple moving average of C$27.42.

Element Fleet Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend was Friday, September 27th. Element Fleet Management's dividend payout ratio is presently 37.50%.

Analyst Upgrades and Downgrades

EFN has been the subject of several recent research reports. CIBC upped their target price on Element Fleet Management from C$30.00 to C$33.00 in a report on Thursday, October 31st. Jefferies Financial Group downgraded Element Fleet Management from a "buy" rating to a "hold" rating and lowered their price objective for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. Scotiabank cut their target price on Element Fleet Management from C$33.00 to C$32.00 in a research note on Thursday, November 14th. TD Securities boosted their price target on shares of Element Fleet Management from C$32.00 to C$33.00 and gave the company a "buy" rating in a report on Thursday, November 14th. Finally, National Bankshares increased their price objective on shares of Element Fleet Management from C$37.00 to C$39.00 in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$33.50.

About Element Fleet Management

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.