TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron purchased 500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were acquired at an average cost of C$64.31 per share, for a total transaction of C$32,155.00.

Louis Bergeron also recently made the following trade(s):

  • On Thursday, June 22nd, Louis Bergeron acquired 500 shares of TransCanada stock. The shares were purchased at an average price of C$62.05 per share, for a total transaction of C$31,025.00.
  • On Tuesday, June 20th, Louis Bergeron acquired 940 shares of TransCanada stock. The shares were purchased at an average price of C$62.62 per share, for a total transaction of C$58,862.80.
  • On Thursday, June 15th, Louis Bergeron acquired 1,000 shares of TransCanada stock. The shares were purchased at an average price of C$62.24 per share, for a total transaction of C$62,240.00.
  • On Wednesday, June 14th, Louis Bergeron acquired 1,200 shares of TransCanada stock. The shares were purchased at an average price of C$63.15 per share, for a total transaction of C$75,780.00.
  • On Wednesday, June 7th, Louis Bergeron acquired 1,100 shares of TransCanada stock. The shares were purchased at an average price of C$63.12 per share, for a total transaction of C$69,432.00.
  • On Tuesday, May 30th, Louis Bergeron acquired 1,200 shares of TransCanada stock. The shares were purchased at an average price of C$63.07 per share, for a total transaction of C$75,684.00.
  • On Wednesday, May 31st, Louis Bergeron acquired 480 shares of TransCanada stock. The shares were purchased at an average price of C$62.60 per share, for a total transaction of C$30,048.00.

TransCanada Co. (TRP) traded down 0.40% during midday trading on Friday, hitting $64.11. 1,395,060 shares of the stock were exchanged. The company has a market capitalization of $55.84 billion and a P/E ratio of 52.72. TransCanada Co. has a 1-year low of $57.36 and a 1-year high of $65.24. The company’s 50 day moving average is $63.06 and its 200 day moving average is $62.68.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be given a dividend of $0.625 per share. The ex-dividend date is Thursday, September 28th. This is a boost from TransCanada’s previous quarterly dividend of $0.48. This represents a $2.50 annualized dividend and a dividend yield of 3.90%.

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TRP has been the topic of a number of analyst reports. CIBC reiterated an “ourperform” rating and set a C$68.00 price objective on shares of TransCanada in a research note on Monday, May 8th. Royal Bank Of Canada increased their price objective on shares of TransCanada from C$72.00 to C$76.00 and gave the stock an “outperform” rating in a research note on Monday, May 8th. TD Securities increased their price objective on shares of TransCanada from C$75.00 to C$77.00 and gave the stock a “buy” rating in a research note on Monday, May 8th. Scotiabank increased their price objective on shares of TransCanada from C$69.00 to C$71.00 and gave the stock an “outperform” rating in a research note on Monday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a C$73.00 price objective on shares of TransCanada in a research note on Monday, July 31st. Seven equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of C$71.33.

About TransCanada

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.

Insider Buying and Selling by Quarter for TransCanada (TSE:TRP)

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