Altus Group Limited (TSE:AIF) Senior Officer Angelo Bartolini Sells 2,000 Shares

Altus Group Limited (TSE:AIFGet Rating) Senior Officer Angelo Bartolini sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of C$44.60, for a total transaction of C$89,200.00. Following the completion of the sale, the insider now directly owns 35,334 shares of the company’s stock, valued at approximately C$1,575,896.40.

Angelo Bartolini also recently made the following trade(s):

  • On Thursday, May 12th, Angelo Bartolini sold 3,100 shares of Altus Group stock. The shares were sold at an average price of C$43.58, for a total transaction of C$135,098.00.

Shares of Altus Group stock opened at C$44.18 on Friday. Altus Group Limited has a 52-week low of C$43.49 and a 52-week high of C$72.33. The company has a 50 day moving average of C$48.37 and a 200 day moving average of C$57.51. The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 60.75. The company has a market capitalization of C$1.96 billion and a P/E ratio of 73.63.

Altus Group (TSE:AIFGet Rating) last issued its quarterly earnings results on Thursday, February 24th. The company reported C$0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.37 by C$0.05. The firm had revenue of C$162.91 million during the quarter, compared to analysts’ expectations of C$161.95 million. As a group, research analysts anticipate that Altus Group Limited will post 2.2599999 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 18th. Stockholders of record on Thursday, March 31st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 1.36%. Altus Group’s dividend payout ratio is presently 100.00%.

A number of research analysts have issued reports on AIF shares. Stifel Nicolaus assumed coverage on shares of Altus Group in a research note on Wednesday, April 27th. They set a “buy” rating and a C$55.00 price target on the stock. TD Securities dropped their price target on shares of Altus Group from C$71.00 to C$65.00 and set a “buy” rating on the stock in a research report on Thursday, May 5th. Scotiabank dropped their price target on shares of Altus Group from C$66.00 to C$63.00 in a research report on Friday, February 25th. Royal Bank of Canada decreased their price objective on shares of Altus Group from C$72.00 to C$61.00 and set an “outperform” rating on the stock in a report on Thursday, May 5th. Finally, Canaccord Genuity Group decreased their price target on shares of Altus Group from C$74.00 to C$70.00 in a research note on Friday, February 25th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$64.55.

Altus Group Company Profile (Get Rating)

Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software.

Featured Articles

Want More Great Investing Ideas?

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