Insider Buying: Guardian Capital Group Ltd. (GCG) Insider Purchases 211,200 Shares of Stock

Guardian Capital Group Ltd. (TSE:GCG) insider Guardian Capital Group Limited acquired 211,200 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The stock was bought at an average price of C$25.50 per share, for a total transaction of C$5,385,600.00.

Guardian Capital Group Limited also recently made the following trade(s):

  • On Friday, January 26th, Guardian Capital Group Limited acquired 300,000 shares of Guardian Capital Group stock. The stock was bought at an average price of C$26.00 per share, for a total transaction of C$7,800,000.00.
  • On Thursday, December 14th, Guardian Capital Group Limited acquired 29,000 shares of Guardian Capital Group stock. The stock was bought at an average price of C$25.00 per share, for a total transaction of C$725,000.00.
  • On Monday, December 4th, Guardian Capital Group Limited purchased 255,300 shares of Guardian Capital Group stock. The shares were acquired at an average price of C$23.85 per share, for a total transaction of C$6,088,905.00.
  • On Monday, November 27th, Guardian Capital Group Limited purchased 119,800 shares of Guardian Capital Group stock. The shares were acquired at an average price of C$24.00 per share, for a total transaction of C$2,875,200.00.
  • On Tuesday, November 21st, Guardian Capital Group Limited purchased 95,829 shares of Guardian Capital Group stock. The shares were acquired at an average price of C$24.00 per share, for a total transaction of C$2,299,896.00.

Shares of Guardian Capital Group Ltd. (TSE GCG) traded down C$0.55 during midday trading on Friday, reaching C$25.50. 200 shares of the company’s stock were exchanged, compared to its average volume of 1,469. Guardian Capital Group Ltd. has a twelve month low of C$23.26 and a twelve month high of C$29.50. The company has a market capitalization of $784.05, a PE ratio of 9.34 and a beta of 1.62.

Guardian Capital Group (TSE:GCG) last issued its quarterly earnings results on Thursday, November 9th. The financial services provider reported C$0.67 EPS for the quarter. Guardian Capital Group had a net margin of 28.39% and a return on equity of 11.91%.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 18th. Shareholders of record on Thursday, January 11th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Wednesday, January 10th. Guardian Capital Group’s payout ratio is currently 10.22%.

Separately, Scotiabank reduced their price target on shares of Guardian Capital Group from C$29.50 to C$29.00 and set a “sector perform” rating on the stock in a research report on Wednesday, November 15th.

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About Guardian Capital Group

Guardian Capital Group Limited is a Canada-based financial services company. The Company serves the wealth management needs of a range of clients. It operates through three segments: institutional and private wealth investment management; financial advisory, which includes an insurance managing general agency (MGA), a mutual fund dealer and a securities dealer (together, the Dealers), and corporate activities and investments.

Insider Buying and Selling by Quarter for Guardian Capital Group (TSE:GCG)

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