Christine R. Johnston Sells 793 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRPGet Rating) (NYSE:TRP) Senior Officer Christine R. Johnston sold 793 shares of the stock in a transaction dated Friday, May 6th. The stock was sold at an average price of C$71.10, for a total transaction 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 transaction 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 transaction of C$896,247.90.

TRP stock opened at C$71.43 on Friday. The firm has a 50 day moving average of C$71.08 and a 200-day moving average of C$65.77. TC Energy Co. has a 12-month low of C$57.71 and a 12-month high of C$74.39. The company has a current ratio of 0.61, a quick ratio of 0.36 and a debt-to-equity ratio of 163.99. The company has a market cap of C$70.22 billion and a price-to-earnings ratio of 21.74.

TC Energy (TSE:TRPGet Rating) (NYSE:TRP) last posted its quarterly earnings results on Tuesday, February 15th. The company reported C$1.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$1.06. The company had revenue of C$3.58 billion for the quarter. Sell-side analysts forecast that TC Energy Co. will post 4.4500001 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 5.04%. TC Energy’s dividend payout ratio (DPR) is 109.59%.

Several equities research analysts have recently weighed in on TRP shares. Credit Suisse Group increased their target price on shares of TC Energy from C$74.00 to C$80.00 in a research note on Monday, April 11th. US Capital Advisors downgraded shares of TC Energy from an “overweight” rating to a “hold” rating in a research note on Friday, March 11th. BMO Capital Markets increased their target price on shares of TC Energy from C$70.00 to C$73.00 in a research note on Wednesday, February 16th. CIBC raised their price objective on shares of TC Energy from C$69.00 to C$73.00 in a research report on Thursday, April 21st. Finally, Royal Bank of Canada set a C$72.00 price objective on shares of TC Energy and gave the company an “outperform” rating in a research report on Wednesday, February 16th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, TC Energy presently has an average rating of “Hold” and a consensus 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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