George Weston Limited (WN) Insider Rashid Wasti Buys 150 Shares
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):
- 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.
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.
TRADEMARK VIOLATION NOTICE: “George Weston Limited (WN) Insider Rashid Wasti Buys 150 Shares” was first published by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.watchlistnews.com/george-weston-limited-wn-insider-rashid-wasti-buys-150-shares/1957898.html.
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.
Receive News & Ratings for George Weston Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for George Weston and related companies with MarketBeat.com's FREE daily email newsletter.