Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) Director Rhonda Ivy Zygocki acquired 7,200 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of C$14.48 per share, for a total transaction of C$104,256.00.

Shares of Cenovus Energy Inc (TSE:CVE) traded down C$0.16 during trading on Friday, reaching C$14.28. 5,380,700 shares of the company’s stock were exchanged, compared to its average volume of 3,774,113. Cenovus Energy Inc has a 12-month low of C$8.89 and a 12-month high of C$22.06.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.20 dividend on an annualized basis and a yield of 1.40%. Cenovus Energy’s payout ratio is 6.99%.

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Several research firms have commented on CVE. CIBC upped their price objective on shares of Cenovus Energy from C$12.50 to C$14.50 in a report on Monday, October 2nd. National Bank Financial decreased their price objective on shares of Cenovus Energy from C$11.50 to C$11.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 6th. J P Morgan Chase & Co upped their price target on shares of Cenovus Energy from C$11.00 to C$11.50 in a research note on Thursday, September 14th. Raymond James Financial, Inc. upped their price target on shares of Cenovus Energy to C$9.00 and gave the company an “underperform” rating in a research note on Friday, July 28th. Finally, Canaccord Genuity upped their price target on shares of Cenovus Energy from C$14.00 to C$14.50 in a research note on Wednesday, September 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Cenovus Energy currently has a consensus rating of “Hold” and a consensus target price of C$15.85.

Cenovus Energy Company Profile

Insider Buying and Selling by Quarter for Cenovus Energy (TSE:CVE)

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