Information Services Co. (TSE:ISV) Senior Officer Sells C$337,813.84 in Stock

Information Services Co. (TSE:ISV) Senior Officer Katherine Hillman-Weir sold 12,311 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$27.44, for a total value of C$337,813.84.

Information Services Stock Up 0.9 %

ISV traded up C$0.24 on Thursday, hitting C$27.69. The company had a trading volume of 445 shares, compared to its average volume of 5,523. The stock has a market capitalization of C$498.42 million, a price-to-earnings ratio of 19.75, a P/E/G ratio of 1.19 and a beta of 0.56. The stock has a fifty day moving average price of C$24.18 and a 200-day moving average price of C$22.57. Information Services Co. has a 12-month low of C$19.22 and a 12-month high of C$27.78. The company has a debt-to-equity ratio of 110.89, a quick ratio of 1.69 and a current ratio of 0.76.

Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.92 dividend on an annualized basis and a yield of 3.32%. Information Services’s payout ratio is 66.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ISV shares. Raymond James upped their target price on Information Services from C$27.00 to C$34.00 and gave the stock an “outperform” rating in a report on Thursday, March 14th. Royal Bank of Canada increased their target price on shares of Information Services from C$24.00 to C$27.00 and gave the stock a “sector perform” rating in a report on Thursday, March 14th. Finally, CIBC boosted their price target on shares of Information Services from C$31.00 to C$32.00 in a report on Thursday, March 14th.

Information Services Company Profile

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.