Marie-Chantal Gingras Acquires 1,750 Shares of National Bank of Canada (TSE:NA) Stock

National Bank of Canada (TSE:NA) insider Marie-Chantal Gingras acquired 1,750 shares of National Bank of Canada stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of C$119.45 per share, with a total value of C$209,037.50.

Marie-Chantal Gingras also recently made the following trade(s):

• On Tuesday, December 24th, Marie-Chantal Gingras sold 600 shares of National Bank of Canada stock. The shares were sold at an average price of C$132.79, for a total value of C$79,674.00.

National Bank of Canada Stock Up 0.3 %

Shares of National Bank of Canada stock opened at C$120.41 on Friday. The company has a market capitalization of C$46.95 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 7.14 and a beta of 1.12. The stock’s 50-day simple moving average is C$128.77 and its 200-day simple moving average is C$128.95. National Bank of Canada has a 52 week low of C$104.84 and a 52 week high of C$141.15.

National Bank of Canada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Monday, March 31st will be paid a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.79%. National Bank of Canada’s payout ratio is 39.03%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NA shares. TD Securities lowered their price objective on shares of National Bank of Canada from C$135.00 to C$131.00 and set a “hold” rating on the stock in a research note on Thursday. Desjardins decreased their price target on shares of National Bank of Canada from C$140.00 to C$136.00 and set a “hold” rating on the stock in a research report on Thursday. UBS Group cut their price objective on shares of National Bank of Canada from C$145.00 to C$140.00 in a research report on Friday. Canaccord Genuity Group raised their target price on National Bank of Canada from C$135.00 to C$142.00 in a report on Thursday, December 5th. Finally, Barclays lowered National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, National Bank of Canada presently has an average rating of “Hold” and a consensus target price of C$137.20.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.