Altus Group Ltd (TSE:AIF) insider Colin Boyd Johnston sold 1,500 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$36.00, for a total transaction of C$54,000.00.

Altus Group Ltd (TSE:AIF) remained flat at $C$36.00 during mid-day trading on Wednesday. 92,537 shares of the company were exchanged, compared to its average volume of 98,029. Altus Group Ltd has a fifty-two week low of C$25.25 and a fifty-two week high of C$37.89.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Sunday, December 31st will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.67%. The ex-dividend date is Thursday, December 28th. Altus Group’s dividend payout ratio is presently 18.93%.

AIF has been the subject of a number of research analyst reports. TD Securities upped their price target on shares of Altus Group from C$36.00 to C$41.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. CIBC upped their price target on shares of Altus Group from C$28.00 to C$32.00 in a research note on Friday, November 3rd. Canaccord Genuity upped their price target on shares of Altus Group from C$36.00 to C$39.00 in a research note on Wednesday, November 1st. National Bank Financial upped their price target on shares of Altus Group from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. Finally, BMO Capital Markets upped their price target on shares of Altus Group from C$37.00 to C$43.00 in a research note on Friday, November 3rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Altus Group currently has a consensus rating of “Buy” and a consensus price target of C$39.67.

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About Altus Group

Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.

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