Element Fleet Management Corp. (TSE:EFN) Senior Officer Purchases C$301,350.00 in Stock

Element Fleet Management Corp. (TSE:EFN - Get Free Report) Senior Officer Laura Lee Dottori-Attanasio acquired 10,500 shares of Element Fleet Management stock in a transaction on Friday, December 13th. The shares were bought at an average cost of C$28.70 per share, for a total transaction of C$301,350.00.

Element Fleet Management Price Performance

EFN traded down C$0.37 during trading on Friday, hitting C$28.60. 606,545 shares of the company traded hands, compared to its average volume of 567,915. The stock's 50-day simple moving average is C$29.15 and its two-hundred day simple moving average is C$27.19. Element Fleet Management Corp. has a 1 year low of C$20.94 and a 1 year high of C$30.49. The company has a market cap of C$11.54 billion, a PE ratio of 22.34, a P/E/G ratio of 2.97 and a beta of 0.91. The company has a current ratio of 8.22, a quick ratio of 5.70 and a debt-to-equity ratio of 303.14.

Element Fleet Management Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, September 27th. Element Fleet Management's payout ratio is 37.50%.

Analyst Upgrades and Downgrades

EFN has been the topic of a number of analyst reports. CIBC increased their price objective on shares of Element Fleet Management from C$30.00 to C$33.00 in a research report on Thursday, October 31st. Raymond James raised their price target on shares of Element Fleet Management from C$30.00 to C$34.00 in a research report on Thursday, November 14th. Jefferies Financial Group lowered shares of Element Fleet Management from a "buy" rating to a "hold" rating and decreased their price objective for the stock from C$32.00 to C$30.00 in a report on Friday, November 15th. TD Securities increased their target price on Element Fleet Management from C$32.00 to C$33.00 and gave the company a "buy" rating in a research note on Thursday, November 14th. Finally, National Bankshares boosted their price target on Element Fleet Management from C$37.00 to C$39.00 in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$33.50.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.