TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron purchased 800 shares of TransCanada stock in a transaction on Wednesday, August 9th. The stock was bought at an average price of C$63.14 per share, for a total transaction of C$50,512.00.

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

  • On Tuesday, August 8th, Louis Bergeron purchased 1,000 shares of TransCanada stock. The stock was bought at an average price of C$63.68 per share, for a total transaction of C$63,680.00.
  • On Thursday, August 3rd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was bought at an average price of C$64.31 per share, for a total transaction of C$32,155.00.
  • On Thursday, June 22nd, Louis Bergeron purchased 500 shares of TransCanada stock. The stock was bought 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 purchased 940 shares of TransCanada stock. The stock was bought 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 purchased 1,000 shares of TransCanada stock. The stock was bought 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 purchased 1,200 shares of TransCanada stock. The stock was bought 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 purchased 1,100 shares of TransCanada stock. The stock was bought 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 purchased 1,200 shares of TransCanada stock. The stock was bought 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 purchased 480 shares of TransCanada stock. The stock was bought at an average price of C$62.60 per share, for a total transaction of C$30,048.00.

Shares of TransCanada Co. (TSE TRP) traded down 0.36% during midday trading on Wednesday, hitting $63.21. The company had a trading volume of 915,545 shares. TransCanada Co. has a 52 week low of $57.36 and a 52 week high of $65.24. The company has a market capitalization of $55.06 billion and a P/E ratio of 51.98. The firm’s 50 day moving average is $63.17 and its 200 day moving average is $62.73.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be paid a $0.625 dividend. The ex-dividend date of this dividend 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 3.96%.

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

TransCanada Company Profile

TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation facilities, and other businesses through a network of regulated natural gas pipelines and storage facilities.

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

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