Morneau Shepell Inc (MSI) Insider Sells C$35,967.40 in Stock

Morneau Shepell Inc (TSE:MSI) insider Sr. William Frank Morneau sold 1,610 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of C$22.34, for a total transaction of C$35,967.40.

Sr. William Frank Morneau also recently made the following trade(s):

  • On Tuesday, December 5th, Sr. William Frank Morneau sold 50,000 shares of Morneau Shepell stock. The shares were sold at an average price of C$22.25, for a total transaction of C$1,112,500.00.

Morneau Shepell Inc (MSI) traded down C$0.01 during mid-day trading on Thursday, hitting C$22.49. 30,585 shares of the stock were exchanged, compared to its average volume of 54,219. Morneau Shepell Inc has a twelve month low of C$18.32 and a twelve month high of C$22.74.

The business also recently declared a monthly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend is Wednesday, November 29th. Morneau Shepell’s payout ratio is currently 121.88%.

MSI has been the subject of several recent research reports. TD Securities increased their price objective on shares of Morneau Shepell from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. National Bank Financial increased their price objective on shares of Morneau Shepell from C$22.50 to C$24.00 and gave the company an “outperform” rating in a research report on Monday, November 27th. Laurentian set a C$25.00 price objective on shares of Morneau Shepell and gave the company a “buy” rating in a research report on Tuesday. Finally, Laurentian Bank of Canada reaffirmed a “buy” rating and issued a C$25.00 price objective on shares of Morneau Shepell in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$23.60.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3094737/morneau-shepell-inc-msi-insider-sells-c35967-40-in-stock.html.

Morneau Shepell Company Profile

Morneau Shepell Inc is a Canada-based company, which provides health and productivity, administrative and retirement solutions to assist employers in managing the financial security, health and productivity of their employees. The Company offers its services to organizations that are situated in Canada, the United States and internationally.

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

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.