ATCO LTD -CLASS I Common Stock (US funds) (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Acquires 41,100 Shares

ATCO LTD -CLASS I Common Stock (US funds) (TSE:ACO.X) insider Sentgraf Enterprises Ltd. bought 41,100 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were purchased at an average price of C$45.56 per share, with a total value of C$1,872,331.05. Following the transaction, the insider now owns 26,018,736 shares of the company’s stock, valued at C$1,185,296,527.85.

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

  • On Monday, August 12th, Sentgraf Enterprises Ltd. bought 6,000 shares of ATCO LTD -CLASS I Common Stock (US funds) stock. The shares were purchased at an average price of C$45.00 per share, with a total value of C$270,000.00.

TSE:ACO.X traded down C$0.20 on Tuesday, reaching C$46.53. The company’s stock had a trading volume of 31,279 shares, compared to its average volume of 129,315. ATCO LTD -CLASS I Common Stock has a 1-year low of C$34.95 and a 1-year high of C$47.02. The company has a debt-to-equity ratio of 129.75, a quick ratio of 0.33 and a current ratio of 1.17. The firm has a market cap of $4.77 billion and a PE ratio of 10.27. The business’s 50-day moving average price is C$44.47 and its two-hundred day moving average price is C$44.78.

A number of equities research analysts have recently weighed in on the company. TD Securities boosted their target price on ATCO LTD -CLASS I Common Stock (US funds) from C$52.00 to C$55.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Royal Bank of Canada upgraded ATCO LTD -CLASS I Common Stock (US funds) from an “underperform” rating to a “sector perform” rating and boosted their target price for the stock from C$45.00 to C$48.00 in a research report on Friday, June 28th. CIBC boosted their target price on ATCO LTD -CLASS I Common Stock (US funds) from C$47.00 to C$48.00 in a research report on Friday, April 26th. Finally, BMO Capital Markets boosted their target price on ATCO LTD -CLASS I Common Stock (US funds) from C$47.00 to C$48.00 in a research report on Wednesday, June 26th.

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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