George Weston Limited (TSE:WN) Senior Officer Richard Dufresne Sells 5,000 Shares

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of C$218.51, for a total transaction of C$1,092,546.00.

Richard Dufresne also recently made the following trade(s):

• On Friday, August 30th, Richard Dufresne sold 2,700 shares of George Weston stock. The stock was sold at an average price of C$218.89, for a total transaction of C$591,000.03.

George Weston Trading Up 0.9 %

Shares of TSE:WN opened at C$222.87 on Thursday. The company has a quick ratio of 0.73, a current ratio of 1.35 and a debt-to-equity ratio of 171.94. George Weston Limited has a 52-week low of C$144.41 and a 52-week high of C$223.26. The stock has a market cap of C$29.45 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 1.70 and a beta of 0.42. The business has a 50-day moving average price of C$211.27 and a 200-day moving average price of C$194.28.

George Weston Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Friday, September 13th. George Weston’s dividend payout ratio is presently 36.90%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WN. TD Securities lowered their price objective on George Weston from C$246.00 to C$242.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Desjardins raised their price target on George Weston from C$212.00 to C$232.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. CIBC boosted their price target on George Weston from C$235.00 to C$254.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Finally, BMO Capital Markets increased their price objective on shares of George Weston from C$196.00 to C$220.00 and gave the company a “market perform” rating in a research report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, George Weston presently has a consensus rating of “Moderate Buy” and a consensus target price of C$229.67.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. 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 and healthcare services, health and beauty products, apparel, general merchandise, and financial services.