Equitable Group Inc. (TSE:EQB) Director Daniel Ruch sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of C$70.62, for a total value of C$282,480.00.

Equitable Group Inc. (TSE:EQB) traded up C$0.36 on Wednesday, hitting C$70.72. The stock had a trading volume of 21,005 shares, compared to its average volume of 54,502. Equitable Group Inc. has a 1-year low of C$36.15 and a 1-year high of C$74.66.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Friday, December 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Equitable Group’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.41%. Equitable Group’s payout ratio is currently 9.59%.

EQB has been the subject of a number of research analyst reports. Laurentian cut their price target on Equitable Group from C$74.00 to C$72.00 in a report on Monday, November 13th. Royal Bank of Canada upped their price target on Equitable Group from C$61.00 to C$68.00 and gave the stock a “sector perform” rating in a report on Friday, November 10th. National Bank Financial upped their price target on Equitable Group from C$65.00 to C$68.00 and gave the stock a “sector perform” rating in a report on Friday, November 10th. CIBC upped their price target on Equitable Group from C$75.00 to C$81.00 in a report on Monday, November 13th. Finally, TD Securities upped their price target on Equitable Group from C$71.00 to C$74.00 in a report on Monday, November 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$71.86.

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Equitable Group Company Profile

Equitable Group Inc is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands.

Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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