AGF BENEFITS PLAN TRUST acquires 21,700 shares of AGF Management Limited (TSE:AGF.B)



AGF Management Limited (IS: AGF.BGet a rating) AGF EMPLOYEE BENEFIT PLAN TRUST insider purchased 21,700 shares of the company in a trade dated Monday, July 25. The stock was acquired at an average price of CA$6.38 per share, for a total transaction of CA$138,446.00. As a result of the purchase, the insider now owns 1,084,081 shares of the company, valued at approximately C$6,916,436.78.

AGF BENEFITS PLAN TRUST has also recently completed the following transaction(s):

  • On Friday, July 22, AGF BENEFITS PLAN TRUST purchased 4,400 shares of AGF Management. The stock was acquired at an average price of CA$6.39 per share, for a total transaction of CA$28,094.00.
  • On Wednesday, July 20, AGF BENEFIT PLAN TRUST purchased 23,900 shares of AGF Management. The stock was acquired at an average price of CA$6.38 per share, for a total transaction of CA$152,386.40.
  • On Monday, July 18, AGF BENEFIT PLAN TRUST acquired 19,900 shares of AGF Management. The shares were purchased at an average price of CA$6.28 per share, for a total transaction of CA$124,932.20.
  • On Friday, July 15, AGF BENEFIT PLAN TRUST acquired 19,600 shares of AGF Management. The shares were purchased at an average price of CA$6.17 per share, for a total transaction of CA$120,912.40.
  • On Wednesday, July 13, AGF BENEFIT PLAN TRUST acquired 82,900 shares of AGF Management. The shares were purchased at an average price of CA$6.23 per share, for a total transaction of CA$516,467.00.
  • On Monday, July 11, AGF BENEFITS PLAN TRUST purchased 13,300 shares of AGF Management. The shares were purchased at an average cost of CA$6.22 per share, for a total transaction of CA$82,726.00.
  • On Thursday, July 7, AGF BENEFIT PLAN TRUST purchased 7,900 shares of AGF Management. The shares were purchased at an average cost of CA$6.32 per share, for a total transaction of CA$49,896.40.

Performance of AGF management shares

AGF.B shares opened at C$6.38 on Tuesday. The company has a market capitalization of C$436.00 million and a PE ratio of 8.86. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt ratio of 8.16. The company has a 50-day moving average of C$6.49 and a 200-day moving average of C$7.06. AGF Management Limited has a 12-month low of C$5.96 and a 12-month high of C$8.52.

Wall Street analysts predict growth

AGF.B has been the subject of a number of recent analyst reports. Royal Bank of Canada downgraded AGF Management’s rating from “sector performance” to “underperforming” and lowered its price target for the company from C$8.50 to C$8. CA$.00 in a research note from Monday, April 25. Scotiabank lowered its price target on AGF Management from C$8.50 to C$7.75 in a Tuesday, June 14 research note. One research analyst rated the stock with a sell rating, two gave the company’s stock a hold rating and one assigned a buy rating. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$8.15.

About AGF Management

(Get a rating)

AGF Management Limited is a public asset management holding company. Through its subsidiaries, the company provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies and mandates of sub-advisors. Through its subsidiaries, it manages client-focused equity, fixed-income and balanced mutual funds as well as client-focused equity, fixed-income and balanced portfolios.

See also

Insider buying and selling by quarter for AGF Management (TSE:AGF.B)



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