Wayne M. Woolley Sells 5,500 Shares of Chesswood Group Limited (TSE:CHW) Stock

Chesswood Group Limited (TSE:CHWGet Rating) Director Wayne M. Woolley sold 5,500 shares of the business’s stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of C$14.63, for a total transaction of C$80,437.50. Following the transaction, the director now owns 54,600 shares in the company, valued at C$798,525.

Wayne M. Woolley also recently made the following trade(s):

  • On Thursday, May 19th, Wayne M. Woolley sold 900 shares of Chesswood Group stock. The stock was sold at an average price of C$14.44, for a total value of C$12,998.70.

TSE CHW traded up C$0.08 on Friday, hitting C$14.00. 2,900 shares of the company’s stock were exchanged, compared to its average volume of 10,871. The stock has a 50-day moving average of C$14.16 and a 200-day moving average of C$14.15. The stock has a market cap of C$241.18 million and a price-to-earnings ratio of 8.75. The company has a current ratio of 33.47, a quick ratio of 31.87 and a debt-to-equity ratio of 720.15. Chesswood Group Limited has a 52 week low of C$10.94 and a 52 week high of C$15.25.

Chesswood Group (TSE:CHWGet Rating) last posted its quarterly earnings data on Wednesday, March 9th. The company reported C$0.40 EPS for the quarter, beating analysts’ consensus estimates of C$0.37 by C$0.03. The firm had revenue of C$44.24 million during the quarter, compared to the consensus estimate of C$41.60 million. As a group, analysts predict that Chesswood Group Limited will post 2.7300002 earnings per share for the current year.

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Monday, May 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.43%. Chesswood Group’s dividend payout ratio is presently 20.13%.

Several brokerages have recently commented on CHW. Royal Bank of Canada lifted their target price on Chesswood Group from C$15.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Cormark increased their target price on Chesswood Group from C$24.25 to C$25.00 in a research note on Monday. Finally, Raymond James set a C$17.00 price objective on Chesswood Group and gave the company an “outperform” rating in a report on Thursday, March 10th.

About Chesswood Group (Get Rating)

Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. The company offers micro and small-ticket commercial equipment financing to small and medium-sized businesses through a network of approximately 600 equipment finance broker firms and equipment vendors in the United States; and commercial equipment financing to small and medium businesses through a network of approximately 60 equipment finance broker firms in Canada.

Further Reading

Insider Buying and Selling by Quarter for Chesswood Group (TSE:CHW)

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