National Bank of Canada (TSE:NA) insider Lisa Swiderski sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of C$64.14, for a total value of C$256,560.00.
Shares of National Bank of Canada (TSE NA) traded up C$0.05 during mid-day trading on Friday, hitting C$63.85. The company had a trading volume of 759,988 shares, compared to its average volume of 772,641. National Bank of Canada has a twelve month low of C$51.41 and a twelve month high of C$64.39. The company has a market cap of $21,720.00, a P/E ratio of 11.87 and a beta of 0.89.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, December 27th will be given a $0.60 dividend. The ex-dividend date is Friday, December 22nd. This is an increase from National Bank of Canada’s previous quarterly dividend of $0.58. This represents a $2.40 annualized dividend and a yield of 3.76%. National Bank of Canada’s dividend payout ratio (DPR) is currently 42.38%.
A number of research firms recently weighed in on NA. Scotiabank boosted their target price on National Bank of Canada from C$68.00 to C$69.00 and gave the stock a “sector perform” rating in a report on Monday, December 4th. Desjardins upped their price objective on National Bank of Canada from C$62.00 to C$64.00 in a report on Monday, December 4th. CSFB upped their price objective on National Bank of Canada from C$59.00 to C$61.00 in a report on Monday, December 4th. TD Securities upped their price objective on National Bank of Canada from C$64.00 to C$66.00 and gave the company a “hold” rating in a report on Monday, December 4th. Finally, Royal Bank of Canada upped their price objective on National Bank of Canada from C$65.00 to C$70.00 and gave the company an “outperform” rating in a report on Monday, December 4th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of C$65.18.
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About National Bank of Canada
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