Insider Buying: Dexterra Group Inc. (TSE:DXT) Senior Officer Purchases C$20,752.58 in Stock

Dexterra Group Inc. (TSE:DXT) Senior Officer Denise Achonu acquired 3,843 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were bought at an average cost of C$5.40 per share, with a total value of C$20,752.58.

Dexterra Group Price Performance

DXT opened at C$5.49 on Monday. Dexterra Group Inc. has a 52-week low of C$5.25 and a 52-week high of C$6.35. The company has a 50 day moving average of C$5.71 and a two-hundred day moving average of C$5.75. The company has a market cap of C$352.18 million, a P/E ratio of 13.39, a P/E/G ratio of 0.90 and a beta of 0.99. The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 40.87.

Dexterra Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.087 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a yield of 6.34%. Dexterra Group’s dividend payout ratio (DPR) is 85.37%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DXT. ATB Capital dropped their price target on shares of Dexterra Group from C$9.00 to C$8.25 in a research report on Monday, March 11th. TD Securities downgraded Dexterra Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$7.50 to C$6.00 in a report on Friday, March 8th. Raymond James raised Dexterra Group from a “market perform” rating to an “outperform” rating and increased their target price for the stock from C$7.00 to C$8.00 in a research report on Monday, March 11th. Finally, Scotiabank lowered their price target on Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a research report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$7.65.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.