Emera Inc (TSE:EMA) insider Bruce Marchand sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$47.06, for a total value of C$61,178.00.

Shares of Emera Inc (TSE EMA) traded up 0.45% during mid-day trading on Thursday, reaching $46.59. The company had a trading volume of 462,464 shares. The stock has a 50 day moving average price of $47.25 and a 200 day moving average price of $47.27. The firm has a market capitalization of $9.89 billion and a PE ratio of 24.42. Emera Inc has a 12-month low of $43.76 and a 12-month high of $49.24.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 15th were paid a $0.5225 dividend. This represents a $2.09 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend was Friday, July 28th.

TRADEMARK VIOLATION WARNING: This story was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/09/14/emera-inc-ema-insider-bruce-marchand-sells-1300-shares.html.

Several research analysts have recently issued reports on the company. TD Securities upped their price objective on Emera from C$51.00 to C$53.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Barclays PLC upped their price objective on Emera from C$53.00 to C$54.00 in a research note on Monday, August 14th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of C$53.06.

Emera Company Profile

Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other.

Receive News & Ratings for Emera Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera Inc and related companies with MarketBeat.com's FREE daily email newsletter.