Rashid Wasti Acquires 1,100 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN) Senior Officer Rashid Wasti acquired 1,100 shares of the business’s stock in a transaction dated Tuesday, September 17th. The stock was acquired at an average price of C$21.99 per share, for a total transaction of C$24,189.99.

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

• On Friday, September 20th, Rashid Wasti purchased 1,000 shares of George Weston stock. The stock was acquired at an average cost of C$20.54 per share, with a total value of C$20,539.00.
• On Monday, August 26th, Rashid Wasti purchased 2,000 shares of George Weston stock. The shares were bought at an average price of C$21.67 per share, for a total transaction of C$43,340.00.
• On Wednesday, August 28th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$222.51, for a total value of C$33,376.50.
• On Friday, August 23rd, Rashid Wasti purchased 1,500 shares of George Weston stock. The shares were purchased at an average price of C$21.72 per share, for a total transaction of C$32,580.00.
• On Monday, August 19th, Rashid Wasti acquired 1,300 shares of George Weston stock. The shares were purchased at an average cost of C$21.63 per share, with a total value of C$28,119.00.
• On Thursday, August 15th, Rashid Wasti sold 150 shares of George Weston stock. The stock was sold at an average price of C$218.50, for a total transaction of C$32,775.00.
• On Wednesday, August 7th, Rashid Wasti acquired 1,500 shares of George Weston stock. The shares were acquired at an average cost of C$21.34 per share, for a total transaction of C$32,010.00.
• On Tuesday, July 30th, Rashid Wasti sold 3,300 shares of George Weston stock. The shares were sold at an average price of C$215.00, for a total transaction of C$709,500.00.

George Weston Stock Down 0.1 %

WN traded down C$0.17 during trading on Friday, hitting C$219.53. 948,382 shares of the company’s stock traded hands, compared to its average volume of 127,651. George Weston Limited has a 12-month low of C$144.41 and a 12-month high of C$229.22. The company’s 50 day simple moving average is C$215.51 and its two-hundred day simple moving average is C$197.43. The company has a current ratio of 1.35, a quick ratio of 0.73 and a debt-to-equity ratio of 171.94. The stock has a market capitalization of C$29.01 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 1.70 and a beta of 0.42.

George Weston (TSE:WN) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$2.93 EPS for the quarter. The company had revenue of C$14.09 billion during the quarter. George Weston had a return on equity of 17.52% and a net margin of 2.06%. Analysts predict that George Weston Limited will post 13.0771496 earnings per share for the current fiscal year.

George Weston Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, September 13th. George Weston’s dividend payout ratio (DPR) is presently 36.94%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on WN shares. BMO Capital Markets upped their price target on George Weston from C$196.00 to C$220.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 31st. TD Securities cut their target price on George Weston from C$246.00 to C$242.00 and set a “buy” rating on the stock in a research note on Monday, July 22nd. Desjardins lifted their price target on George Weston from C$212.00 to C$232.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Finally, CIBC increased their price objective on shares of George Weston from C$235.00 to C$254.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, George Weston has a consensus rating of “Moderate Buy” and a consensus price target 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.