Equitable Group Inc. (TSE:EQB) Senior Officer Andrew Moor sold 3,000 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of C$100.36, for a total value of C$301,080.00. Following the transaction, the insider now directly owns 18,399 shares of the company’s stock, valued at C$1,846,523.64.
Andrew Moor also recently made the following trade(s):
- On Wednesday, August 28th, Andrew Moor sold 500 shares of Equitable Group stock. The shares were sold at an average price of C$97.50, for a total value of C$48,750.00.
- On Friday, August 9th, Andrew Moor sold 8,000 shares of Equitable Group stock. The shares were sold at an average price of C$96.11, for a total value of C$768,880.00.
Equitable Group stock opened at C$100.40 on Friday. The stock’s fifty day moving average price is C$96.63 and its two-hundred day moving average price is C$77.40. Equitable Group Inc. has a one year low of C$56.12 and a one year high of C$104.50. The firm has a market cap of $1.67 billion and a PE ratio of 9.37.
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be paid a $0.33 dividend. This is a positive change from Equitable Group’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, September 12th. This represents a $1.32 annualized dividend and a dividend yield of 1.31%. Equitable Group’s dividend payout ratio (DPR) is presently 10.83%.
Several analysts recently weighed in on EQB shares. TD Securities lifted their price target on Equitable Group from C$88.00 to C$98.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets raised their price objective on Equitable Group from C$90.00 to C$105.00 in a research note on Thursday, August 1st. Royal Bank of Canada raised their price objective on Equitable Group from C$96.00 to C$106.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. National Bank Financial raised their price objective on Equitable Group from C$88.00 to C$90.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 31st. Finally, CIBC raised their price objective on Equitable Group from C$94.00 to C$97.00 in a research note on Tuesday, July 30th.
About Equitable Group
Equitable Group Inc, through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates (GICs), high interest savings accounts (HISAs), tax-free savings accounts, and institutional deposit notes.
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