National Bank of Canada (TSE:NA) Director Yvon Charest Purchases 334 Shares

National Bank of Canada (TSE:NA - Get Free Report) Director Yvon Charest bought 334 shares of the stock in a transaction on Wednesday, February 19th. The shares were bought at an average price of C$125.90 per share, for a total transaction of C$42,050.60.

National Bank of Canada Price Performance

TSE:NA traded up C$0.95 during mid-day trading on Friday, reaching C$124.43. The company's stock had a trading volume of 1,431,866 shares, compared to its average volume of 1,619,205. The company's fifty day simple moving average is C$129.93 and its two-hundred day simple moving average is C$128.46. National Bank of Canada has a twelve month low of C$102.90 and a twelve month high of C$141.15. The stock has a market cap of C$48.51 billion, a P/E ratio of 11.04, a P/E/G ratio of 7.14 and a beta of 1.12.

National Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Monday, December 30th were paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a yield of 3.66%. This is a positive change from National Bank of Canada's previous quarterly dividend of $1.10. The ex-dividend date was Monday, December 30th. National Bank of Canada's dividend payout ratio (DPR) is presently 39.03%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Cibc World Mkts downgraded shares of National Bank of Canada from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Cormark raised shares of National Bank of Canada from a "hold" rating to a "moderate buy" rating in a report on Wednesday, January 15th. UBS Group reduced their price target on shares of National Bank of Canada from C$150.00 to C$145.00 in a report on Friday, February 14th. BMO Capital Markets upped their price target on shares of National Bank of Canada from C$125.00 to C$143.00 in a report on Monday, November 18th. Finally, TD Securities reduced their price target on shares of National Bank of Canada from C$140.00 to C$138.00 in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, National Bank of Canada has an average rating of "Hold" and a consensus target price of C$138.20.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.