Exchange Income Co. (TSE:EIF) Director Brad Bennett purchased 10,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were acquired at an average price of C$29.15 per share, for a total transaction of C$291,500.00.

Brad Bennett also recently made the following trade(s):

  • On Thursday, August 3rd, Brad Bennett purchased 5,000 shares of Exchange Income stock. The shares were acquired at an average price of C$29.45 per share, for a total transaction of C$147,250.00.
  • On Friday, August 4th, Brad Bennett purchased 2,000 shares of Exchange Income stock. The shares were acquired at an average price of C$29.73 per share, for a total transaction of C$59,460.00.
  • On Monday, July 31st, Brad Bennett purchased 1,100 shares of Exchange Income stock. The shares were acquired at an average price of C$28.40 per share, for a total transaction of C$31,240.00.
  • On Tuesday, August 1st, Brad Bennett purchased 5,000 shares of Exchange Income stock. The shares were acquired at an average price of C$29.45 per share, for a total transaction of C$147,250.00.
  • On Thursday, July 27th, Brad Bennett purchased 10,000 shares of Exchange Income stock. The shares were acquired at an average price of C$26.90 per share, for a total transaction of C$269,000.00.
  • On Wednesday, July 26th, Brad Bennett purchased 3,500 shares of Exchange Income stock. The shares were acquired at an average price of C$26.00 per share, for a total transaction of C$91,000.00.

Exchange Income Co. (TSE EIF) traded up 1.88% during mid-day trading on Tuesday, hitting $30.36. 131,573 shares of the company were exchanged. Exchange Income Co. has a 12 month low of $25.80 and a 12 month high of $45.28. The firm has a 50 day moving average price of $30.41 and a 200 day moving average price of $35.66. The stock has a market cap of $938.46 million and a price-to-earnings ratio of 14.15.

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, July 27th. This is a positive change from Exchange Income’s previous monthly dividend of $0.16. This represents a $2.10 annualized dividend and a yield of 6.92%.

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EIF has been the topic of a number of recent research reports. TD Securities upgraded shares of Exchange Income from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$44.00 to C$45.00 in a research note on Thursday, May 11th. CIBC cut their price target on shares of Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating on the stock in a research note on Friday, July 21st. Royal Bank Of Canada cut their price target on shares of Exchange Income from C$42.00 to C$38.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 11th. Canaccord Genuity cut their price target on shares of Exchange Income from C$49.00 to C$44.00 and set a “buy” rating on the stock in a research note on Thursday, May 11th. Finally, Scotiabank cut their price target on shares of Exchange Income from C$44.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Thursday, May 11th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$43.56.

About Exchange Income

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut; and scheduled airline and charter service in Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.

Insider Buying and Selling by Quarter for Exchange Income (TSE:EIF)

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