TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron purchased 800 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The stock was purchased at an average price of C$63.14 per share, for a total transaction of C$50,512.00.

Louis Bergeron also recently made the following trade(s):

  • On Tuesday, August 8th, Louis Bergeron purchased 1,000 shares of TransCanada stock. The stock was purchased at an average price of C$63.68 per share, for a total transaction of C$63,680.00.
  • On Thursday, August 3rd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was purchased at an average price of C$64.31 per share, for a total transaction of C$32,155.00.
  • On Thursday, June 22nd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was purchased at an average price of C$62.05 per share, for a total transaction of C$31,025.00.
  • On Tuesday, June 20th, Louis Bergeron purchased 940 shares of TransCanada stock. The stock was purchased at an average price of C$62.62 per share, for a total transaction of C$58,862.80.
  • On Thursday, June 15th, Louis Bergeron purchased 1,000 shares of TransCanada stock. The stock was purchased at an average price of C$62.24 per share, for a total transaction of C$62,240.00.
  • On Wednesday, June 14th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was purchased at an average price of C$63.15 per share, for a total transaction of C$75,780.00.
  • On Wednesday, June 7th, Louis Bergeron purchased 1,100 shares of TransCanada stock. The stock was purchased at an average price of C$63.12 per share, for a total transaction of C$69,432.00.
  • On Tuesday, May 30th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was purchased at an average price of C$63.07 per share, for a total transaction of C$75,684.00.
  • On Wednesday, May 31st, Louis Bergeron purchased 480 shares of TransCanada stock. The stock was purchased at an average price of C$62.60 per share, for a total transaction of C$30,048.00.

TransCanada Co. (TSE TRP) traded down 0.36% during trading on Wednesday, reaching $63.21. The company’s stock had a trading volume of 915,545 shares. The stock has a market cap of $55.06 billion and a price-to-earnings ratio of 51.98. The firm has a 50 day moving average price of $63.17 and a 200-day moving average price of $62.73. TransCanada Co. has a 52-week low of $57.36 and a 52-week high of $65.24.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th will be issued a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Thursday, September 28th. This is a boost from TransCanada’s previous quarterly dividend of $0.48.

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Several equities analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating and issued a C$73.00 price target on shares of TransCanada in a report on Monday, July 31st. TD Securities raised their price target on TransCanada from C$77.00 to C$79.00 and gave the company a “buy” rating in a report on Monday, July 31st. Scotiabank raised their price target on TransCanada from C$71.00 to C$72.00 and gave the company an “outperform” rating in a report on Thursday, June 15th. CIBC raised their price target on TransCanada from C$68.00 to C$70.00 in a report on Thursday, June 15th. Finally, Royal Bank Of Canada raised their price target on TransCanada from C$72.00 to C$76.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Seven research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$71.33.

TransCanada Company Profile

TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation facilities, and other businesses through a network of regulated natural gas pipelines and storage facilities.

Insider Buying and Selling by Quarter for TransCanada (TSE:TRP)

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