Rory A. Mcalpine Sells 9,100 Shares of Maple Leaf Foods Inc (MFI) Stock
Maple Leaf Foods Inc (TSE:MFI) insider Rory A. Mcalpine sold 9,100 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of C$34.04, for a total value of C$309,764.00.
Maple Leaf Foods Inc (MFI) traded up 0.81% during midday trading on Wednesday, reaching $35.04. The company’s stock had a trading volume of 333,664 shares. The firm has a market capitalization of $4.52 billion and a PE ratio of 26.85. The stock has a 50 day moving average of $33.36 and a 200 day moving average of $32.62. Maple Leaf Foods Inc has a 52 week low of $27.31 and a 52 week high of $35.34.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This is a boost from Maple Leaf Foods’s previous quarterly dividend of $0.08. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.26%.
TRADEMARK VIOLATION NOTICE: “Rory A. Mcalpine Sells 9,100 Shares of Maple Leaf Foods Inc (MFI) Stock” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.watchlistnews.com/rory-a-mcalpine-sells-9100-shares-of-maple-leaf-foods-inc-mfi-stock/1496396.html.
MFI has been the topic of several recent research reports. BMO Capital Markets boosted their price target on Maple Leaf Foods from C$36.00 to C$37.00 and gave the stock a “market perform” rating in a research report on Sunday, July 30th. TD Securities lifted their price objective on Maple Leaf Foods from C$39.00 to C$41.00 and gave the stock a “buy” rating in a report on Friday, July 28th. Scotiabank lifted their price objective on Maple Leaf Foods from C$34.00 to C$37.00 and gave the stock an “outperform” rating in a report on Friday, April 28th. CIBC lifted their price objective on Maple Leaf Foods from C$35.00 to C$36.00 in a report on Friday, April 28th. Finally, Royal Bank Of Canada lifted their price objective on Maple Leaf Foods from C$35.00 to C$36.00 and gave the stock a “sector perform” rating in a report on Friday, April 28th.
Maple Leaf Foods Company Profile
Maple Leaf Foods Inc is a Canada-based consumer protein company that processes and produces value-added prepared meats, lunch kits snacks, and value-added fresh pork and poultry products sold under flagship Canadian brands such as Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina and Devour.
Receive News & Ratings for Maple Leaf Foods Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maple Leaf Foods Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.