TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron purchased 980 shares of TransCanada stock in a transaction dated Tuesday, August 15th. The stock was bought at an average price of C$62.76 per share, with a total value of C$61,504.80.

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 bought at an average price of C$63.68 per share, with a total value of C$63,680.00.
  • On Wednesday, August 9th, Louis Bergeron purchased 800 shares of TransCanada stock. The stock was bought at an average price of C$63.14 per share, with a total value of C$50,512.00.
  • On Thursday, August 3rd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was bought at an average price of C$64.31 per share, with a total value of C$32,155.00.
  • On Thursday, June 22nd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was bought at an average price of C$62.05 per share, with a total value of C$31,025.00.
  • On Tuesday, June 20th, Louis Bergeron purchased 940 shares of TransCanada stock. The stock was bought at an average price of C$62.62 per share, with a total value of C$58,862.80.
  • On Thursday, June 15th, Louis Bergeron purchased 1,000 shares of TransCanada stock. The stock was bought at an average price of C$62.24 per share, with a total value of C$62,240.00.
  • On Wednesday, June 14th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was bought at an average price of C$63.15 per share, with a total value of C$75,780.00.
  • On Wednesday, June 7th, Louis Bergeron purchased 1,100 shares of TransCanada stock. The stock was bought at an average price of C$63.12 per share, with a total value of C$69,432.00.
  • On Tuesday, May 30th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was bought at an average price of C$63.07 per share, with a total value of C$75,684.00.
  • On Wednesday, May 31st, Louis Bergeron purchased 480 shares of TransCanada stock. The stock was bought at an average price of C$62.60 per share, with a total value of C$30,048.00.

TransCanada Co. (TSE:TRP) traded down 0.19% during midday trading on Thursday, reaching $62.13. The company had a trading volume of 862,996 shares. The company has a market capitalization of $54.12 billion and a price-to-earnings ratio of 51.09. TransCanada Co. has a 52 week low of $57.36 and a 52 week high of $65.24. The firm has a 50-day moving average price of $63.19 and a 200-day moving average price of $62.72.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be given a dividend of $0.625 per share. This is a positive change from TransCanada’s previous quarterly dividend of $0.48. The ex-dividend date is Thursday, September 28th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 4.02%.

ILLEGAL ACTIVITY NOTICE: “Louis Bergeron Acquires 980 Shares of TransCanada Co. (TRP) Stock” was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and international copyright laws. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/17/louis-bergeron-acquires-980-shares-of-transcanada-co-trp-stock.html.

TRP has been the subject of several recent research reports. CIBC reiterated an “ourperform” rating and issued a C$68.00 price target on shares of TransCanada in a research report on Monday, May 8th. Royal Bank Of Canada lifted their price target on TransCanada from C$72.00 to C$76.00 and gave the company an “outperform” rating in a research report on Monday, May 8th. TD Securities lifted their price target on TransCanada from C$75.00 to C$77.00 and gave the company a “buy” rating in a research report on Monday, May 8th. Scotiabank lifted their price target on TransCanada from C$69.00 to C$71.00 and gave the company an “outperform” rating in a research report on Monday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$73.00 price target on shares of TransCanada in a research report on Monday, July 31st. Seven analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of C$71.33.

About TransCanada

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)

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