George Weston Limited (TSE:WN) Senior Officer Sells C$18,088.38 in Stock

George Weston Limited (TSE:WNGet Rating) Senior Officer Richard Dufresne sold 123 shares of George Weston stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of C$147.06, for a total transaction of C$18,088.38. Following the sale, the insider now owns 5,485 shares of the company’s stock, valued at C$806,624.10.

TSE WN traded down C$0.55 on Friday, reaching C$142.81. The company’s stock had a trading volume of 415,247 shares, compared to its average volume of 175,474. The company has a debt-to-equity ratio of 148.99, a quick ratio of 0.82 and a current ratio of 1.47. George Weston Limited has a twelve month low of C$114.84 and a twelve month high of C$162.51. The stock has a market cap of C$20.93 billion and a PE ratio of 44.34. The firm’s 50 day moving average is C$154.33 and its two-hundred day moving average is C$148.10.

George Weston (TSE:WNGet Rating) last issued its earnings results on Tuesday, May 10th. The company reported C$1.90 EPS for the quarter. The firm had revenue of C$12.41 billion during the quarter. Equities research analysts anticipate that George Weston Limited will post 10.7899999 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 1st. Investors of record on Wednesday, June 15th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.85%. This is a positive change from George Weston’s previous quarterly dividend of $0.60. The ex-dividend date is Tuesday, June 14th. George Weston’s dividend payout ratio (DPR) is presently 72.96%.

Several equities research analysts have issued reports on WN shares. Royal Bank of Canada boosted their price objective on shares of George Weston from C$165.00 to C$179.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 10th. CIBC boosted their target price on shares of George Weston from C$177.00 to C$188.00 and gave the stock an “outperform” rating in a research report on Thursday, May 12th. Finally, TD Securities upped their price target on shares of George Weston from C$175.00 to C$185.00 and gave the company a “buy” rating in a report on Wednesday, March 16th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$168.67.

George Weston Company Profile (Get Rating)

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial services.

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