George Weston Limited (TSE:WN) insider Rashid Wasti acquired 150 shares of George Weston stock in a transaction on Wednesday, March 21st. The stock was acquired at an average cost of C$104.51 per share, for a total transaction of C$15,676.50.

Rashid Wasti also recently made the following trade(s):

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  • On Monday, March 19th, Rashid Wasti acquired 150 shares of George Weston stock. The stock was acquired at an average cost of C$104.24 per share, for a total transaction of C$15,636.00.
  • On Monday, March 12th, Rashid Wasti sold 6,116 shares of George Weston stock. The stock was sold at an average price of C$105.85, for a total value of C$647,378.60.

Shares of George Weston stock traded down C$1.49 on Thursday, hitting C$102.42. The stock had a trading volume of 145,182 shares, compared to its average volume of 142,274. George Weston Limited has a twelve month low of C$102.05 and a twelve month high of C$125.67. The firm has a market capitalization of $13,510.00, a price-to-earnings ratio of 19.12 and a beta of 0.35.

George Weston (TSE:WN) last issued its quarterly earnings results on Friday, March 2nd. The company reported C$1.78 earnings per share (EPS) for the quarter. George Weston had a return on equity of 19.44% and a net margin of 6.17%. The business had revenue of C$11.41 billion for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Wednesday, March 14th. George Weston’s dividend payout ratio (DPR) is presently 33.55%.

Several brokerages have recently issued reports on WN. Scotiabank cut their price target on George Weston from C$130.00 to C$115.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a C$129.00 price target on shares of George Weston in a research note on Wednesday, November 22nd. Barclays cut their price target on George Weston from C$114.00 to C$113.00 in a research note on Wednesday, November 22nd. CIBC cut their price target on George Weston from C$123.00 to C$119.00 in a research note on Wednesday, November 22nd. Finally, Royal Bank of Canada upped their price target on George Weston from C$137.00 to C$138.00 and gave the company an “outperform” rating in a research note on Monday, March 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of C$119.83.

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George Weston Company Profile

George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America.

Insider Buying and Selling by Quarter for George Weston (TSE:WN)

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