Exchange Income Co. (TSE:EIF) Director Brad Bennett bought 2,000 shares of the stock in a transaction dated Friday, August 4th. The stock was purchased at an average cost of C$29.73 per share, for a total transaction of C$59,460.00.

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

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

Shares of Exchange Income Co. (TSE EIF) traded up 1.88% during midday trading on Tuesday, reaching $30.36. 131,573 shares of the company’s stock were exchanged. The company’s 50 day moving average is $30.66 and its 200-day moving average is $35.84. Exchange Income Co. has a 12 month low of $25.80 and a 12 month high of $45.28. The stock has a market cap of $938.46 million and a PE ratio of 14.15.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be given a $0.175 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date of this dividend is Thursday, July 27th. This is a boost from Exchange Income’s previous monthly dividend of $0.16.

COPYRIGHT VIOLATION WARNING: This news story was reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/08/insider-buying-exchange-income-co-eif-director-acquires-2000-shares-of-stock.html.

Several equities research analysts have recently weighed in on EIF shares. Royal Bank Of Canada lowered their target price on shares of Exchange Income from C$42.00 to C$38.00 and set a “sector perform” rating on the stock in a report on Thursday, May 11th. Scotiabank lowered their target price on shares of Exchange Income from C$44.00 to C$43.00 and set an “outperform” rating on the stock in a report on Thursday, May 11th. TD Securities raised shares of Exchange Income from a “hold” rating to a “buy” rating and upped their target price for the stock from C$44.00 to C$45.00 in a report on Thursday, May 11th. CIBC lowered their target price on shares of Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating on the stock in a report on Friday, July 21st. Finally, Canaccord Genuity lowered their target price on shares of Exchange Income from C$49.00 to C$44.00 and set a “buy” rating on the stock in a report on Thursday, May 11th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$43.56.

Exchange Income Company Profile

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)

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