TMX Group Limited (TSE:X) Director Elias Anastasopoulos Sells 20,850 Shares

TMX Group Limited (TSE:X) Director Elias Anastasopoulos sold 20,850 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of C$42.50, for a total transaction of C$886,125.00.

TMX Group Trading Down 0.1 %

Shares of X opened at C$42.75 on Friday. TMX Group Limited has a fifty-two week low of C$28.32 and a fifty-two week high of C$43.48. The company has a debt-to-equity ratio of 51.71, a quick ratio of 0.01 and a current ratio of 1.00. The company’s fifty day moving average is C$41.35 and its 200 day moving average is C$37.90. The stock has a market capitalization of C$11.87 billion, a PE ratio of 29.08, a P/E/G ratio of 12.65 and a beta of 0.43.

TMX Group (TSE:X) last announced its earnings results on Wednesday, July 31st. The company reported C$0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.43. The firm had revenue of C$367.10 million for the quarter, compared to analysts’ expectations of C$361.44 million. TMX Group had a net margin of 13.39% and a return on equity of 10.08%. Sell-side analysts expect that TMX Group Limited will post 1.5993304 earnings per share for the current fiscal year.

TMX Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 30th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Friday, August 16th. TMX Group’s dividend payout ratio (DPR) is 50.34%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on X shares. TD Securities upped their price objective on TMX Group from C$41.00 to C$42.00 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Royal Bank of Canada upped their price target on TMX Group from C$44.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. CIBC lifted their price objective on shares of TMX Group from C$40.00 to C$43.00 in a research report on Friday, July 19th. Scotiabank upped their target price on shares of TMX Group from C$39.00 to C$43.50 in a research report on Wednesday, July 24th. Finally, Barclays raised their target price on shares of TMX Group from C$40.00 to C$42.00 in a research note on Friday, August 2nd. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, TMX Group has an average rating of “Hold” and a consensus price target of C$43.44.

About TMX Group

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.