ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Purchases 1,000 Shares

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. acquired 1,000 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was acquired at an average price of C$48.50 per share, for a total transaction of C$48,500.00.

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

• On Wednesday, September 25th, Sentgraf Enterprises Ltd. bought 10,000 shares of ATCO stock. The stock was purchased at an average cost of C$47.50 per share, with a total value of C$475,000.00.
• On Monday, September 23rd, Sentgraf Enterprises Ltd. purchased 1,000 shares of ATCO stock. The stock was acquired at an average price of C$45.65 per share, for a total transaction of C$45,650.00.

ATCO Stock Down 1.0 %

TSE ACO.X traded down C$0.48 on Monday, hitting C$47.75. 39,513 shares of the stock traded hands, compared to its average volume of 206,817. The stock has a 50-day moving average of C$44.19 and a 200 day moving average of C$40.59. ATCO Ltd. has a twelve month low of C$32.90 and a twelve month high of C$48.72. The company has a market capitalization of C$4.76 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 3.80 and a beta of 0.73. The company has a current ratio of 1.42, a quick ratio of 1.48 and a debt-to-equity ratio of 131.63.

Analyst Ratings Changes

ACO.X has been the topic of a number of research analyst reports. BMO Capital Markets boosted their target price on ATCO from C$50.50 to C$52.50 in a research report on Thursday, September 5th. CIBC upped their target price on ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. National Bankshares upped their target price on ATCO from C$40.00 to C$45.00 and gave the company a “sector perform” rating in a research note on Friday, August 23rd. Scotiabank upped their price target on ATCO from C$43.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Finally, Royal Bank of Canada upped their target price on ATCO from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, ATCO has an average rating of “Moderate Buy” and an average price target of C$48.08.

ATCO Company Profile

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.