Insider Selling: Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Sells 25,000 Shares of Stock

Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Senior Officer Tavis Aaron Carlson sold 25,000 shares of the stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of C$17.35, for a total value of C$433,750.00.

Tavis Aaron Carlson also recently made the following trade(s):

• On Monday, December 30th, Tavis Aaron Carlson acquired 2,000 shares of Peyto Exploration & Development stock. The stock was acquired at an average cost of C$17.17 per share, for a total transaction of C$34,340.00.
• On Wednesday, December 18th, Tavis Aaron Carlson bought 3,300 shares of Peyto Exploration & Development stock. The shares were acquired at an average cost of C$15.38 per share, with a total value of C$50,754.00.
• On Wednesday, December 4th, Tavis Aaron Carlson purchased 3,260 shares of Peyto Exploration & Development stock. The stock was acquired at an average price of C$15.90 per share, for a total transaction of C$51,834.00.
• On Wednesday, November 20th, Tavis Aaron Carlson sold 23,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.94, for a total value of C$366,620.00.
• On Monday, November 18th, Tavis Aaron Carlson sold 21,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.57, for a total transaction of C$326,900.70.

Peyto Exploration & Development Stock Down 0.6 %

TSE PEY traded down C$0.10 on Wednesday, hitting C$17.26. 959,045 shares of the stock traded hands, compared to its average volume of 930,759. The company has a market capitalization of C$3.37 billion, a P/E ratio of 11.14, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The stock has a 50-day moving average of C$16.16 and a 200 day moving average of C$15.23. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02. Peyto Exploration & Development Corp. has a twelve month low of C$12.41 and a twelve month high of C$17.49.

Peyto Exploration & Development Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date was Thursday, October 31st. Peyto Exploration & Development's payout ratio is 85.16%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. BMO Capital Markets lifted their price target on Peyto Exploration & Development from C$16.50 to C$17.50 in a research note on Friday, December 13th. TD Securities cut their target price on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Atlantic Securities increased their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an "outperform" rating in a research report on Monday, October 7th. Finally, National Bankshares lifted their price objective on Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Peyto Exploration & Development presently has an average rating of "Buy" and an average price target of C$17.70.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.