TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Thierry Vandal acquired 261 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were bought at an average cost of C$61.64 per share, for a total transaction of C$16,088.04.

Shares of TransCanada Co. (TSE:TRP) opened at C$61.76 on Tuesday. TransCanada Co. has a one year low of C$58.12 and a one year high of C$65.24.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a $0.625 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.50 annualized dividend and a dividend yield of 4.05%. TransCanada’s dividend payout ratio (DPR) is 120.79%.

A number of research analysts have weighed in on TRP shares. National Bank Financial upped their price objective on shares of TransCanada from C$68.00 to C$69.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 29th. CIBC upped their price target on shares of TransCanada from C$70.00 to C$75.00 in a research report on Tuesday, November 21st. Finally, TD Securities upgraded shares of TransCanada from a “buy” rating to an “action list buy” rating and upped their price target for the stock from C$79.00 to C$81.00 in a research report on Friday, November 10th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$73.43.

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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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