George Weston Limited (TSE:WN) Senior Officer Andrew Michael Bunston Sells 2,303 Shares of Stock

George Weston Limited (TSE:WNGet Free Report) Senior Officer Andrew Michael Bunston sold 2,303 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$183.27, for a total transaction of C$422,079.10.

Andrew Michael Bunston also recently made the following trade(s):

  • On Monday, March 11th, Andrew Michael Bunston sold 1,606 shares of George Weston stock. The stock was sold at an average price of C$181.51, for a total transaction of C$291,506.51.

George Weston Trading Up 0.9 %

Shares of George Weston stock opened at C$186.40 on Tuesday. The firm has a market capitalization of C$25.05 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 1.70 and a beta of 0.38. 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 firm’s 50 day moving average is C$175.62 and its 200 day moving average is C$163.87. George Weston Limited has a 1 year low of C$144.41 and a 1 year high of C$186.81.

George Weston (TSE:WNGet Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported C$2.51 earnings per share (EPS) for the quarter. The company had revenue of C$14.70 billion for the quarter. George Weston had a net margin of 2.56% and a return on equity of 19.71%. Equities research analysts forecast that George Weston Limited will post 12.1081989 earnings per share for the current fiscal year.

George Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be issued a dividend of $0.713 per share. The ex-dividend date is Thursday, March 14th. This represents a $2.85 annualized dividend and a yield of 1.53%. George Weston’s payout ratio is 26.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WN shares. BMO Capital Markets increased their price objective on shares of George Weston from C$172.00 to C$185.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. TD Securities increased their price objective on shares of George Weston from C$205.00 to C$215.00 and gave the stock a “buy” rating in a research note on Monday, February 26th. CIBC increased their price objective on shares of George Weston from C$213.00 to C$222.00 and gave the stock an “outperform” rating in a research note on Thursday, February 29th. Finally, Royal Bank of Canada increased their price objective on shares of George Weston from C$216.00 to C$218.00 and gave the stock an “outperform” rating in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, George Weston has a consensus rating of “Moderate Buy” and a consensus target price of C$201.00.

View Our Latest Research Report on WN

About George Weston

(Get Free Report)

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.

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