Rashid Wasti Sells 1,086 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WNGet Free Report) Senior Officer Rashid Wasti sold 1,086 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of C$176.24, for a total transaction of C$191,393.60.

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

  • On Wednesday, March 6th, Rashid Wasti bought 1,000 shares of George Weston stock. The shares were acquired at an average cost of C$20.12 per share, for a total transaction of C$20,120.00.
  • On Wednesday, December 20th, Rashid Wasti purchased 250 shares of George Weston stock. The shares were purchased at an average price of C$21.10 per share, with a total value of C$5,275.00.
  • On Wednesday, December 13th, Rashid Wasti purchased 250 shares of George Weston stock. The shares were purchased at an average price of C$18.99 per share, with a total value of C$4,748.00.

George Weston Stock Performance

TSE:WN opened at C$181.94 on Friday. George Weston Limited has a twelve month low of C$144.41 and a twelve month high of C$184.42. The company has a current ratio of 1.24, a quick ratio of 0.73 and a debt-to-equity ratio of 158.23. The company has a 50-day moving average of C$172.37 and a 200-day moving average of C$161.55. The firm has a market cap of C$24.48 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 1.70 and a beta of 0.38.

George Weston Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.713 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $2.85 annualized dividend and a dividend yield of 1.57%. George Weston’s dividend payout ratio (DPR) is 26.96%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Royal Bank of Canada upped their price target on shares of George Weston from C$216.00 to C$218.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. CIBC upped their price target on shares of George Weston from C$213.00 to C$222.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th. Scotiabank decreased their target price on shares of George Weston from C$184.00 to C$179.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 22nd. BMO Capital Markets increased their target price on shares of George Weston from C$172.00 to C$185.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Finally, TD Securities increased their target price on shares of George Weston from C$205.00 to C$215.00 and gave the company a “buy” rating in a research report on Monday, February 26th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$201.00.

Check Out Our Latest Analysis on WN

George Weston Company Profile

(Get Free Report)

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.

Further Reading

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

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