Equitable Group Inc. (TSE:EQB) insider Jody Lynn Sperling sold 1,500 shares of the company’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of C$66.50, for a total transaction of C$99,750.00.

Shares of EQB stock traded down C$0.55 during trading hours on Friday, hitting C$66.65. 5,960 shares of the company were exchanged, compared to its average volume of 27,987. Equitable Group Inc. has a 1 year low of C$51.50 and a 1 year high of C$72.98.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 4th. Stockholders of record on Friday, September 14th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $1.08 annualized dividend and a dividend yield of 1.62%.

A number of research analysts have issued reports on EQB shares. TD Securities upped their target price on shares of Equitable Group from C$75.00 to C$77.00 and gave the company a “buy” rating in a report on Monday, August 13th. National Bank Financial reduced their target price on shares of Equitable Group from C$64.00 to C$62.00 and set a “sector perform” rating on the stock in a report on Friday, May 11th. Royal Bank of Canada upped their target price on shares of Equitable Group from C$66.00 to C$74.00 and gave the company a “sector perform” rating in a report on Friday, August 10th. Finally, BMO Capital Markets increased their price objective on shares of Equitable Group from C$65.00 to C$80.00 and gave the stock an “outperform” rating in a report on Monday, August 13th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$74.13.

Equitable Group Company Profile

Equitable Group Inc, through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Its deposit products include guaranteed investment certificates (GICs), high interest savings accounts (HISAs), and deposit notes. The company also provides single family lending services, such as loans secured by owner-occupied and investment properties comprising detached and semi-detached houses, townhouses, and condos through a range of products, such as mortgages, home equity lines of credit, and equity release mortgages; and commercial lending products that include mortgages on commercial properties comprising mixed-use, multi-unit residential, shopping plaza, professional office, and industrial properties.

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Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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