Altus Group Ltd (AIF) Insider Colin Boyd Johnston Sells 1,500 Shares

Altus Group Ltd (TSE:AIF) insider Colin Boyd Johnston sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$36.00, for a total transaction of C$54,000.00.

Altus Group Ltd (TSE:AIF) traded up C$0.64 during midday trading on Friday, reaching C$37.20. 101,200 shares of the company traded hands, compared to its average volume of 97,917. Altus Group Ltd has a twelve month low of C$25.25 and a twelve month high of C$37.89.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Sunday, December 31st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Thursday, December 28th. Altus Group’s payout ratio is currently 18.93%.

Several brokerages have recently commented on AIF. TD Securities raised their price objective on shares of Altus Group from C$36.00 to C$41.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. BMO Capital Markets raised their price objective on shares of Altus Group from C$37.00 to C$43.00 in a research report on Friday, November 3rd. National Bank Financial raised their price objective on shares of Altus Group from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. CIBC raised their price objective on shares of Altus Group from C$28.00 to C$32.00 in a research report on Friday, November 3rd. Finally, Canaccord Genuity raised their price objective on shares of Altus Group from C$36.00 to C$39.00 in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$39.67.

TRADEMARK VIOLATION WARNING: This story was first reported by Week Herald and is owned by of Week Herald. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://weekherald.com/2017/12/09/altus-group-ltd-aif-insider-colin-boyd-johnston-sells-1500-shares.html.

Altus Group Company Profile

Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.

Insider Buying and Selling by Quarter for Altus Group (TSE:AIF)

Receive News & Ratings for Altus Group Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altus Group Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply