National Bank of Canada (TSE:NA) Senior Officer Brigitte Hébert Sells 400 Shares

National Bank of Canada (TSE:NA - Get Free Report) Senior Officer Brigitte Hébert sold 400 shares of the business's stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of C$132.46, for a total transaction of C$52,984.00.

National Bank of Canada Trading Down 0.4 %

NA traded down C$0.48 on Friday, reaching C$132.22. The stock had a trading volume of 2,655,261 shares, compared to its average volume of 1,756,707. The business's 50-day moving average price is C$134.04 and its two-hundred day moving average price is C$123.60. National Bank of Canada has a 12-month low of C$98.04 and a 12-month high of C$141.15. The company has a market cap of C$45.01 billion, a P/E ratio of 12.87, a price-to-earnings-growth ratio of 7.14 and a beta of 1.12.

National Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Stockholders of record on Monday, December 30th will be given a dividend of $1.14 per share. This is a positive change from National Bank of Canada's previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Monday, December 30th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.45%. National Bank of Canada's dividend payout ratio (DPR) is 42.84%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NA shares. Cormark reduced their target price on National Bank of Canada from C$145.00 to C$142.00 in a research note on Thursday, December 5th. Jefferies Financial Group lifted their target price on National Bank of Canada from C$119.00 to C$126.00 in a report on Thursday, August 29th. CIBC increased their price target on shares of National Bank of Canada from C$135.00 to C$141.00 in a report on Tuesday, November 26th. Barclays cut shares of National Bank of Canada from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 21st. Finally, Scotiabank increased their price objective on shares of National Bank of Canada from C$129.00 to C$154.00 in a research note on Monday, November 25th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of C$136.10.

National Bank of Canada Company Profile

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.