Keyera Corp. (TSE:KEY) Director James Vance Bertram Sells 50,000 Shares

Keyera Corp. (TSE:KEY) Director James Vance Bertram sold 50,000 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$46.38, for a total transaction of C$2,318,750.00.

Keyera Trading Up 0.2 %

Shares of KEY opened at C$44.64 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 0.57 and a debt-to-equity ratio of 143.51. The firm’s 50-day moving average is C$44.28 and its two-hundred day moving average is C$40.56. Keyera Corp. has a twelve month low of C$31.16 and a twelve month high of C$47.90. The firm has a market capitalization of C$10.23 billion, a P/E ratio of 29.96, a PEG ratio of 1.35 and a beta of 2.09.

Keyera Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.52 per share. The ex-dividend date is Friday, December 13th. This represents a $2.08 annualized dividend and a yield of 4.66%. Keyera’s payout ratio is currently 139.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. ATB Capital boosted their price target on shares of Keyera from C$43.00 to C$44.00 in a research report on Friday, November 15th. Citigroup upped their target price on shares of Keyera from C$46.00 to C$50.00 in a report on Monday, November 18th. Jefferies Financial Group upped their target price on shares of Keyera from C$43.00 to C$47.00 and gave the company a “buy” rating in a report on Monday, September 30th. National Bankshares upped their target price on shares of Keyera from C$38.00 to C$39.00 in a report on Friday, November 15th. Finally, Royal Bank of Canada upped their target price on shares of Keyera from C$44.00 to C$45.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$42.58.

About Keyera

Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.