Altus Group Ltd (AIF) Insider Barry Isaac Eisen Sells 2,000 Shares

Altus Group Ltd (TSE:AIF) insider Barry Isaac Eisen sold 2,000 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of C$35.90, for a total transaction of C$71,800.00.

Altus Group Ltd (TSE AIF) traded up C$0.23 on Wednesday, reaching C$35.68. 62,494 shares of the company traded hands, compared to its average volume of 101,458. Altus Group Ltd has a 52 week low of C$25.25 and a 52 week high of C$37.89.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Thursday, September 28th. Altus Group’s dividend payout ratio (DPR) is presently 18.93%.

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A number of research firms have recently weighed in on AIF. TD Securities increased their target price on shares of Altus Group from C$36.00 to C$41.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. CIBC increased their target price on shares of Altus Group from C$28.00 to C$32.00 in a research report on Friday, November 3rd. Canaccord Genuity increased their target price on shares of Altus Group from C$36.00 to C$39.00 in a research report on Wednesday, November 1st. National Bank Financial increased their target price on shares of Altus Group from C$40.00 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Finally, BMO Capital Markets increased their target price on shares of 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 company. The stock has an average rating of “Buy” and an average target price of C$39.67.

Altus Group Company Profile

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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