Badger Infrastructure Solutions (TSE:BDGI) Director Stephen James Jones Acquires 200 Shares

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephen James Jones purchased 200 shares of Badger Infrastructure Solutions stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of C$88.58 per share, with a total value of C$17,716.00. Following the acquisition, the director directly owned 5,700 shares in the company, valued at C$504,906. This trade represents a 3.64% increase in their position.

Stephen James Jones also recently made the following trade(s):

• On Monday, August 17th, Stephen James Jones purchased 600 shares of Badger Infrastructure Solutions stock. The shares were acquired at an average price of C$89.99 per share, for a total transaction of C$53,994.00.

Badger Infrastructure Solutions Stock Up 2.3%

Shares of BDGI opened at C$89.32 on Tuesday. The firm has a market cap of C$3.01 billion, a P/E ratio of 49.62 and a beta of 0.78. Badger Infrastructure Solutions Ltd. has a 12 month low of C$53.38 and a 12 month high of C$99.46. The stock’s 50 day moving average is C$91.23 and its two-hundred day moving average is C$78.61. The company has a current ratio of 1.34, a quick ratio of 1.49 and a debt-to-equity ratio of 105.14.

Badger Infrastructure Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were given a dividend of $0.195 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.9%. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is 30.49%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. National Bank Financial boosted their price target on shares of Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Canadian Imperial Bank of Commerce lifted their target price on shares of Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the company an “outperformer” rating in a research report on Wednesday, July 8th. Stifel Nicolaus boosted their target price on shares of Badger Infrastructure Solutions from C$82.00 to C$94.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Canaccord Genuity Group upped their price target on shares of Badger Infrastructure Solutions from C$90.00 to C$112.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, Raymond James Financial upped their price target on shares of Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$94.75.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.