ATCO LTD -CLASS I Common Stock (US funds) (TSE:ACO.X) Insider Purchases C$118,728.00 in Stock

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ATCO LTD -CLASS I Common Stock (US funds) (TSE:ACO.X) insider Sentgraf Enterprises Ltd. purchased 3,060 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was purchased at an average cost of C$38.80 per share, for a total transaction of C$118,728.00. Following the acquisition, the insider now owns 26,055,296 shares of the company’s stock, valued at approximately C$1,010,945,484.80.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

  • On Wednesday, June 24th, Sentgraf Enterprises Ltd. purchased 100 shares of ATCO LTD -CLASS I Common Stock (US funds) stock. The stock was purchased at an average cost of C$39.00 per share, for a total transaction of C$3,900.00.
  • On Monday, June 22nd, Sentgraf Enterprises Ltd. purchased 6,500 shares of ATCO LTD -CLASS I Common Stock (US funds) stock. The stock was purchased at an average cost of C$37.54 per share, for a total transaction of C$244,010.00.

Shares of TSE ACO.X opened at C$39.30 on Wednesday. The stock has a market cap of $3.99 billion and a price-to-earnings ratio of 9.25. The company has a current ratio of 2.19, a quick ratio of 2.00 and a debt-to-equity ratio of 117.29. ATCO LTD -CLASS I Common Stock has a 1-year low of C$27.72 and a 1-year high of C$54.97. The stock’s 50-day moving average is C$37.56 and its 200 day moving average is C$43.88.

Several research firms have recently weighed in on ACO.X. CIBC decreased their price target on shares of ATCO LTD -CLASS I Common Stock (US funds) from C$54.00 to C$44.00 in a report on Friday, March 20th. National Bank Financial decreased their price target on shares of ATCO LTD -CLASS I Common Stock (US funds) from C$52.00 to C$46.00 and set a “sector perform” rating on the stock in a report on Monday, May 4th. TD Securities decreased their price target on shares of ATCO LTD -CLASS I Common Stock (US funds) from C$53.00 to C$51.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Credit Suisse Group upgraded shares of ATCO LTD -CLASS I Common Stock (US funds) from a “neutral” rating to an “outperform” rating and upped their target price for the stock from C$44.00 to C$45.00 in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets raised their price target on ATCO LTD -CLASS I Common Stock (US funds) from C$44.00 to C$45.50 in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$48.31.

ATCO LTD -CLASS I Common Stock (US funds) Company Profile

ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally. The company operates through Canadian Utilities Limited, Structures & Logistics, Neltume Ports, and Corporate & Other segments. The Canadian Utilities Limited segment provides electricity services, such as electricity generation, transmission, distribution, and other related infrastructure solutions; and pipelines and liquid services that include integrated natural gas transmission, distribution and storage, industrial water solutions, and related infrastructure development, as well as retails natural gas and electricity.

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Insider Buying and Selling by Quarter for ATCO LTD -CLASS I Common Stock (US funds) (TSE:ACO.X)

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