Stantec Inc. (TSE:STN) (NYSE:STN) Director Richard Bradeen bought 1,000 shares of the company’s stock in a transaction on Monday, November 19th. The shares were acquired at an average price of C$31.34 per share, for a total transaction of C$31,340.00.

TSE STN traded up C$0.11 on Monday, hitting C$31.17. 155,083 shares of the company’s stock were exchanged, compared to its average volume of 228,524. The company has a current ratio of 1.67, a quick ratio of 1.61 and a debt-to-equity ratio of 49.54. Stantec Inc. has a fifty-two week low of C$30.54 and a fifty-two week high of C$36.83.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 10th. Shareholders of record on Friday, December 28th will be given a dividend of $0.138 per share. This represents a $0.55 annualized dividend and a yield of 1.77%. The ex-dividend date is Thursday, December 27th. Stantec’s payout ratio is 88.11%.

STN has been the topic of several recent analyst reports. BMO Capital Markets boosted their target price on Stantec from C$40.00 to C$41.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 4th. CIBC upgraded Stantec from a “neutral” rating to an “outperform” rating in a research report on Monday, October 22nd. Laurentian upgraded Stantec from a “hold” rating to a “buy” rating and set a C$39.00 target price on the stock in a research report on Monday, October 22nd. Canaccord Genuity boosted their target price on Stantec from C$37.00 to C$40.00 in a research report on Monday, October 22nd. Finally, Raymond James cut Stantec from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from C$37.00 to C$35.50 in a research report on Friday, November 9th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of C$38.17.

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About Stantec

Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through four segments: Consulting Services – Canada, Consulting Services – United States, Consulting Services – Global, and Construction Services.

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Insider Buying and Selling by Quarter for Stantec (TSE:STN)

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