TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron purchased 500 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was purchased at an average price of C$64.31 per share, with a total value of C$32,155.00.

Louis Bergeron also recently made the following trade(s):

  • On Thursday, June 22nd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was purchased at an average price of C$62.05 per share, with a total value of C$31,025.00.
  • On Tuesday, June 20th, Louis Bergeron purchased 940 shares of TransCanada stock. The stock was purchased at an average price of C$62.62 per share, with a total value of C$58,862.80.
  • On Thursday, June 15th, Louis Bergeron purchased 1,000 shares of TransCanada stock. The stock was purchased at an average price of C$62.24 per share, with a total value of C$62,240.00.
  • On Wednesday, June 14th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was purchased at an average price of C$63.15 per share, with a total value of C$75,780.00.
  • On Wednesday, June 7th, Louis Bergeron purchased 1,100 shares of TransCanada stock. The stock was purchased at an average price of C$63.12 per share, with a total value of C$69,432.00.
  • On Tuesday, May 30th, Louis Bergeron purchased 1,200 shares of TransCanada stock. The stock was purchased at an average price of C$63.07 per share, with a total value of C$75,684.00.
  • On Wednesday, May 31st, Louis Bergeron acquired 480 shares of TransCanada stock. The stock was bought at an average cost of C$62.60 per share, for a total transaction of C$30,048.00.

Shares of TransCanada Co. (TRP) traded down 0.40% during trading on Friday, hitting $64.11. 1,395,060 shares of the stock traded hands. TransCanada Co. has a 1-year low of $57.36 and a 1-year high of $65.24. The stock has a 50 day moving average price of $63.06 and a 200-day moving average price of $62.68. The stock has a market cap of $55.84 billion and a price-to-earnings ratio of 52.72.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th will be issued a dividend of $0.625 per share. The ex-dividend date is Thursday, September 28th. This is an increase from TransCanada’s previous quarterly dividend of $0.48. This represents a $2.50 annualized dividend and a yield of 3.90%.

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Several brokerages have recently weighed in on TRP. CIBC reissued an “ourperform” rating and issued a C$68.00 price objective on shares of TransCanada in a research report on Monday, May 8th. Scotiabank increased their price objective on shares of TransCanada from C$69.00 to C$71.00 and gave the company an “outperform” rating in a research report on Monday, May 8th. TD Securities increased their price objective on shares of TransCanada from C$75.00 to C$77.00 and gave the company a “buy” rating in a research report on Monday, May 15th. Royal Bank Of Canada increased their price objective on shares of TransCanada from C$72.00 to C$76.00 and gave the company an “outperform” rating in a research report on Monday, May 15th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$73.00 price objective on shares of TransCanada in a research report on Monday, July 31st. Seven equities research analysts have rated the stock with a buy rating, TransCanada presently has an average rating of “Buy” and a consensus target price of C$71.33.

About TransCanada

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.

Insider Buying and Selling by Quarter for TransCanada (TSE:TRP)

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