Trisura Group (TSE:TSU) Director Purchases C$21,200.00 in Stock

Trisura Group Ltd. (TSE:TSU) Director Robert Edward Taylor bought 500 shares of Trisura Group stock in a transaction dated Friday, June 19th. The shares were bought at an average cost of C$42.40 per share, for a total transaction of C$21,200.00. Following the completion of the transaction, the director owned 184,749 shares of the company’s stock, valued at approximately C$7,833,357.60. This trade represents a 0.27% increase in their position.

Robert Edward Taylor also recently made the following trade(s):

• On Monday, June 22nd, Robert Edward Taylor purchased 175 shares of Trisura Group stock. The shares were bought at an average cost of C$42.35 per share, with a total value of C$7,411.25.

Trisura Group Stock Down 1.6%

Shares of TSE TSU opened at C$42.50 on Friday. The company has a debt-to-equity ratio of 23.38, a quick ratio of 0.22 and a current ratio of 23.58. The firm has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 13.71 and a beta of 0.64. The stock has a 50 day moving average price of C$42.80 and a 200 day moving average price of C$43.55. Trisura Group Ltd. has a 52-week low of C$36.02 and a 52-week high of C$51.00.

Trisura Group (TSE:TSU) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. The company had revenue of C$804.85 million for the quarter. Trisura Group had a return on equity of 16.65% and a net margin of 4.72%. Sell-side analysts expect that Trisura Group Ltd. will post 3.1349036 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TSU shares. Desjardins set a C$60.00 price objective on Trisura Group and gave the company a “buy” rating in a report on Monday, April 27th. Scotiabank downgraded shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price on the stock. in a research report on Tuesday, April 28th. Raymond James Financial boosted their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce set a C$59.00 price target on shares of Trisura Group and gave the stock an “outperform” rating in a research report on Friday, February 27th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$56.66.

Trisura Group Company Profile

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company’s operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.