Exchange Income Co. (TSE:EIF) Director Brad Bennett acquired 5,000 shares of Exchange Income stock in a transaction that occurred on Thursday, August 3rd. The shares were bought at an average price of C$29.45 per share, for a total transaction of C$147,250.00.
Brad Bennett also recently made the following trade(s):
- On Wednesday, August 2nd, Brad Bennett acquired 10,000 shares of Exchange Income stock. The shares were bought at an average price of C$29.15 per share, for a total transaction of C$291,500.00.
- On Friday, August 4th, Brad Bennett bought 2,000 shares of Exchange Income stock. The shares were acquired at an average cost of C$29.73 per share, with a total value of C$59,460.00.
- On Monday, July 31st, Brad Bennett bought 1,100 shares of Exchange Income stock. The shares were acquired at an average cost of C$28.40 per share, with a total value of C$31,240.00.
- On Tuesday, August 1st, Brad Bennett bought 5,000 shares of Exchange Income stock. The shares were acquired at an average cost of C$29.45 per share, with a total value of C$147,250.00.
- On Thursday, July 27th, Brad Bennett bought 10,000 shares of Exchange Income stock. The shares were acquired at an average cost of C$26.90 per share, with a total value of C$269,000.00.
- On Wednesday, July 26th, Brad Bennett bought 3,500 shares of Exchange Income stock. The shares were acquired at an average cost of C$26.00 per share, with a total value of C$91,000.00.
Exchange Income Co. (TSE EIF) opened at 30.38 on Thursday. Exchange Income Co. has a 1-year low of $25.80 and a 1-year high of $45.28. The company’s 50-day moving average price is $30.47 and its 200 day moving average price is $35.41. The firm has a market capitalization of $939.08 million and a PE ratio of 14.16.
The business also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a $0.175 dividend. This is an increase from Exchange Income’s previous monthly dividend of $0.16. This represents a $2.10 annualized dividend and a yield of 6.91%. The ex-dividend date is Thursday, July 27th.
WARNING: “Exchange Income Co. (EIF) Director Brad Bennett Buys 5,000 Shares” was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international copyright law. The legal version of this report can be viewed at https://stocknewstimes.com/2017/08/10/exchange-income-co-eif-director-brad-bennett-buys-5000-shares.html.
Several research firms have issued reports on EIF. TD Securities cut their target price on Exchange Income from C$45.00 to C$42.00 and set a “buy” rating for the company in a research note on Monday, July 24th. Scotiabank cut their target price on Exchange Income from C$43.00 to C$42.00 and set an “outperform” rating for the company in a research note on Friday, July 21st. CIBC cut their target price on Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating for the company in a research note on Friday, July 21st. Canaccord Genuity cut their target price on Exchange Income from C$44.00 to C$42.00 and set a “buy” rating for the company in a research note on Friday, July 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a C$38.00 target price on shares of Exchange Income in a research note on Friday, July 7th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Exchange Income presently has an average rating of “Buy” and a consensus price target of C$43.56.
Exchange Income Company Profile
Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.
Receive News & Ratings for Exchange Income Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income Co. and related companies with MarketBeat.com's FREE daily email newsletter.
