Equitable Group Inc. (TSE:EQB) Director David Malcolm Balfour Legresley Buys 1,300 Shares

Equitable Group Inc. (TSE:EQB) Director David Malcolm Balfour Legresley bought 1,300 shares of Equitable Group stock in a transaction dated Friday, September 20th. The stock was acquired at an average cost of C$24.05 per share, with a total value of C$31,265.00. Following the transaction, the director now owns 6,000 shares of the company’s stock, valued at approximately C$144,300.

David Malcolm Balfour Legresley also recently made the following trade(s):

  • On Wednesday, September 18th, David Malcolm Balfour Legresley bought 4,000 shares of Equitable Group stock. The stock was acquired at an average cost of C$24.02 per share, with a total value of C$96,080.00.

Shares of Equitable Group stock opened at C$103.87 on Thursday. The firm has a 50-day moving average of C$97.69 and a 200-day moving average of C$78.39. The stock has a market cap of $1.73 billion and a PE ratio of 9.70. Equitable Group Inc. has a 52-week low of C$56.12 and a 52-week high of C$105.00.

Equitable Group (TSE:EQB) last announced its earnings results on Tuesday, July 30th. The company reported C$3.18 earnings per share (EPS) for the quarter. The business had revenue of C$121.41 million during the quarter. Equities analysts anticipate that Equitable Group Inc. will post 13.2293589 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Thursday, September 12th. This is a boost from Equitable Group’s previous quarterly dividend of $0.31. Equitable Group’s payout ratio is presently 10.83%.

EQB has been the subject of a number of recent research reports. CIBC boosted their target price on shares of Equitable Group from C$94.00 to C$97.00 in a research report on Tuesday, July 30th. Royal Bank of Canada boosted their target price on shares of Equitable Group from C$96.00 to C$106.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. TD Securities boosted their target price on shares of Equitable Group from C$88.00 to C$98.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. BMO Capital Markets boosted their target price on shares of Equitable Group from C$90.00 to C$105.00 in a research report on Thursday, August 1st. Finally, National Bank Financial boosted their target price on shares of Equitable Group from C$88.00 to C$90.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 31st.

Equitable Group Company Profile

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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Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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