Cheryl Graden Sells 200 Shares of TMX Group Ltd (TSE:X) Stock

TMX Group Ltd (TSE:X) Senior Officer Cheryl Graden sold 200 shares of the company’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of C$114.40, for a total transaction of C$22,880.00. Following the completion of the transaction, the insider now owns 11,860 shares of the company’s stock, valued at approximately C$1,356,784.

Shares of TMX Group stock traded up C$0.90 on Tuesday, hitting C$112.94. The company had a trading volume of 192,821 shares, compared to its average volume of 141,841. The business has a 50-day simple moving average of C$96.62. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 33.73. The stock has a market cap of $6.33 billion and a P/E ratio of 22.32. TMX Group Ltd has a 52 week low of C$68.87 and a 52 week high of C$114.61.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 23rd will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, August 22nd. TMX Group’s dividend payout ratio (DPR) is presently 47.44%.



Several research firms have recently issued reports on X. BMO Capital Markets increased their price objective on shares of TMX Group from C$110.00 to C$115.00 in a report on Thursday, August 8th. TD Securities increased their price objective on shares of TMX Group from C$108.00 to C$125.00 and gave the company a “buy” rating in a report on Friday. Royal Bank of Canada increased their price objective on shares of TMX Group from C$106.00 to C$118.00 in a report on Thursday, August 8th. CIBC increased their price objective on shares of TMX Group from C$97.00 to C$115.00 in a report on Friday. Finally, National Bank Financial increased their price objective on shares of TMX Group from C$103.00 to C$114.00 and gave the company an “outperform” rating in a report on Thursday, August 8th.

TMX Group Company Profile

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading and Clearing.

Further Reading: How is a management fee different from a performance fee?

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