George Weston Limited (TSE:WN) Senior Officer Richard Dufresne Sells 2,700 Shares

George Weston Limited (TSE:WN) Senior Officer Richard Dufresne sold 2,700 shares of George Weston stock in a transaction on Friday, August 30th. The shares were sold at an average price of C$218.89, for a total value of C$591,000.03.

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

• On Tuesday, June 4th, Richard Dufresne sold 5,000 shares of George Weston stock. The stock was sold at an average price of C$195.75, for a total value of C$978,756.00.

George Weston Stock Down 0.7 %

Shares of TSE:WN traded down C$1.47 on Friday, reaching C$218.11. The company had a trading volume of 34,141 shares, compared to its average volume of 120,243. George Weston Limited has a twelve month low of C$144.41 and a twelve month high of C$222.67. The stock has a 50-day moving average price of C$208.44 and a 200 day moving average price of C$192.56. The stock has a market capitalization of C$28.82 billion, a P/E ratio of 24.70, a P/E/G ratio of 1.70 and a beta of 0.42. 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 Dividend Announcement

The business 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 $0.82 dividend. The ex-dividend date is Friday, September 13th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.50%. George Weston’s dividend payout ratio is currently 36.90%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on WN shares. CIBC lifted their target price on George Weston from C$235.00 to C$254.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. BMO Capital Markets lifted their target price on George Weston from C$196.00 to C$220.00 and gave the stock a “market perform” rating in a report on Wednesday, July 31st. Desjardins lifted their price target on George Weston from C$212.00 to C$232.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. TD Securities lowered their price target on George Weston from C$246.00 to C$242.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. Finally, Scotiabank lifted their price target on George Weston from C$200.00 to C$212.00 and gave the company a “sector perform” rating in a report on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company 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.