Daniel Ruch Sells 4,000 Shares of Equitable Group Inc. (EQB) Stock

Equitable Group Inc. (TSE:EQB) Director Daniel Ruch sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of C$70.62, for a total transaction of C$282,480.00.

Equitable Group Inc. (TSE EQB) opened at C$71.65 on Friday. Equitable Group Inc. has a one year low of C$36.15 and a one year high of C$74.66.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Friday, December 15th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from Equitable Group’s previous quarterly dividend of $0.24. Equitable Group’s dividend payout ratio (DPR) is currently 9.59%.

EQB has been the topic of a number of recent analyst reports. TD Securities increased their price target on shares of Equitable Group from C$71.00 to C$74.00 in a research note on Monday, November 13th. Laurentian cut their price target on shares of Equitable Group from C$74.00 to C$72.00 in a research note on Monday, November 13th. CIBC increased their price target on shares of Equitable Group from C$75.00 to C$81.00 in a research note on Monday, November 13th. Laurentian Bank of Canada cut their target price on shares of Equitable Group from C$74.00 to C$72.00 in a research note on Monday, November 13th. Finally, Scotiabank raised their target price on shares of Equitable Group from C$64.00 to C$68.00 and gave the company a “sector perform” rating in a research note on Monday, November 13th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of C$71.86.

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Equitable Group Company Profile

Equitable Group Inc is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands.

Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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