Terry Alan Bishop Sells 6,800 Shares of Altus Group Ltd (AIF) Stock

Altus Group Ltd (TSE:AIF) insider Terry Alan Bishop sold 6,800 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of C$36.65, for a total value of C$249,220.00.

Shares of Altus Group Ltd (AIF) traded down C$0.65 during midday trading on Tuesday, hitting C$36.55. The company’s stock had a trading volume of 51,300 shares, compared to its average volume of 97,721. Altus Group Ltd has a 12 month low of C$25.25 and a 12 month high of C$37.89.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Sunday, December 31st will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.64%. Altus Group’s payout ratio is presently 18.93%.

AIF has been the subject of several research reports. TD Securities raised their target price on Altus Group from C$36.00 to C$41.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. CIBC raised their target price on Altus Group from C$28.00 to C$32.00 in a research report on Friday, November 3rd. Canaccord Genuity raised their target price on Altus Group from C$36.00 to C$39.00 in a research report on Wednesday, November 1st. National Bank Financial raised their target price on Altus Group from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Finally, BMO Capital Markets raised their target price on Altus Group from C$37.00 to C$43.00 in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Altus Group has an average 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.

Insider Buying and Selling by Quarter for Altus Group (TSE:AIF)

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