TC Energy Co. (TSE:TRP – Get Rating) (NYSE:TRP) Senior Officer Christine R. Johnston sold 793 shares of the firm’s stock in a transaction on Friday, May 6th. The stock was sold at an average price of C$71.10, for a total value of C$56,382.30.
Christine R. Johnston also recently made the following trade(s):
- On Wednesday, March 2nd, Christine R. Johnston sold 16,977 shares of TC Energy stock. The stock was sold at an average price of C$69.50, for a total value of C$1,179,901.50.
- On Tuesday, February 22nd, Christine R. Johnston sold 13,437 shares of TC Energy stock. The stock was sold at an average price of C$66.70, for a total value of C$896,247.90.
Shares of TC Energy stock opened at C$71.43 on Friday. The firm has a market cap of C$70.22 billion and a price-to-earnings ratio of 21.74. The business has a 50-day moving average price of C$71.08 and a 200-day moving average price of C$65.78. The company has a quick ratio of 0.36, a current ratio of 0.61 and a debt-to-equity ratio of 163.99. TC Energy Co. has a twelve month low of C$57.71 and a twelve month high of C$74.39.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Investors of record on Thursday, June 30th will be given a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a $3.60 annualized dividend and a yield of 5.04%. TC Energy’s dividend payout ratio is currently 109.59%.
TRP has been the topic of a number of recent research reports. TD Securities raised their target price on TC Energy from C$72.00 to C$75.00 and gave the stock a “buy” rating in a report on Friday, April 1st. Royal Bank of Canada set a C$72.00 target price on TC Energy and gave the stock an “outperform” rating in a report on Wednesday, February 16th. Morgan Stanley cut TC Energy to a “sell” rating and set a C$78.00 target price on the stock. in a report on Tuesday, April 26th. Credit Suisse Group raised their price target on TC Energy from C$74.00 to C$80.00 in a report on Monday, April 11th. Finally, Wolfe Research cut TC Energy to a “sell” rating and set a C$57.00 price target on the stock. in a report on Monday, April 11th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$70.50.
TC Energy Company Profile (Get Rating)
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
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