Clinton Warkentin Sells 731 Shares of Canadian Utilities Limited (CU) Stock

Canadian Utilities Limited (TSE:CU) insider Clinton Warkentin sold 731 shares of the company’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of C$33.75, for a total transaction of C$24,671.25.

Shares of CU stock opened at C$34.05 on Wednesday. Canadian Utilities Limited has a 52-week low of C$33.37 and a 52-week high of C$42.44. The firm has a market capitalization of $9,280.00, a PE ratio of 22.11 and a beta of 0.13.

How to Become a New Pot Stock Millionaire

Canadian Utilities (TSE:CU) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.59 by C($0.16). Canadian Utilities had a net margin of 5.70% and a return on equity of 3.91%. The company had revenue of C$1.16 billion for the quarter.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 8th were given a dividend of $0.393 per share. The ex-dividend date of this dividend was Wednesday, February 7th. This is a boost from Canadian Utilities’s previous quarterly dividend of $0.36. This represents a $1.57 annualized dividend and a dividend yield of 4.62%. Canadian Utilities’s dividend payout ratio is currently 92.86%.

Several research firms have commented on CU. BMO Capital Markets dropped their price objective on shares of Canadian Utilities from C$41.00 to C$40.00 in a report on Tuesday, February 6th. Royal Bank of Canada decreased their price target on Canadian Utilities from C$40.00 to C$36.00 and set a “sector perform” rating on the stock in a research report on Friday, February 23rd.

COPYRIGHT VIOLATION NOTICE: “Clinton Warkentin Sells 731 Shares of Canadian Utilities Limited (CU) Stock” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/3283971/clinton-warkentin-sells-731-shares-of-canadian-utilities-limited-cu-stock.html.

About Canadian Utilities

Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).

Insider Buying and Selling by Quarter for Canadian Utilities (TSE:CU)

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

Latest News

Schneider Electric  Given a €88.00 Price Target by Societe Generale Analysts
Schneider Electric Given a €88.00 Price Target by Societe Generale Analysts
Essilor International  Given a €104.40 Price Target at JPMorgan Chase
Essilor International Given a €104.40 Price Target at JPMorgan Chase
Berenberg Bank Analysts Give Danone  a €72.50 Price Target
Berenberg Bank Analysts Give Danone a €72.50 Price Target
Zooplus  Given a €140.00 Price Target by Kepler Capital Markets Analysts
Zooplus Given a €140.00 Price Target by Kepler Capital Markets Analysts
Reviewing Government Properties Income Trust  and Innovative Industrial
Reviewing Government Properties Income Trust and Innovative Industrial
Sky Solar  & Its Rivals Head-To-Head Comparison
Sky Solar & Its Rivals Head-To-Head Comparison


© 2006-2018 Ticker Report. Google+.