George Weston Limited (TSE:WN – Get Free Report) Senior Officer Rashid Wasti acquired 1,300 shares of the stock in a transaction on Monday, August 19. The stock was purchased at an average price of C$21.63 per share, for a total value of C$28,119.00.

Rashid Wasti has also recently made the following transaction(s):

• On Thursday, August 15, Rashid Wasti sold 150 shares of George Weston stock. The shares were sold at an average price of C$218.50, for a total transaction of C$32,775.00.
• On Wednesday, August 7, Rashid Wasti bought 1,500 shares of George Weston stock. The shares were purchased at an average price of C$21.34 per share, for a total value of C$32,010.00.
• On Tuesday, July 30, 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 value of C$709,500.00.
• On Wednesday, May 22, Rashid Wasti sold 1,307 shares of George Weston stock. The shares were sold at an average price of C$193.25, for a total value of C$252,577.75.

George Weston shares rise 0.9%

Shares of TSE:WN opened at C$217.84 on Thursday. The company has a 50-day moving average price of C$205.46 and a 200-day moving average price of C$190.84. The company has a market cap of C$28.79 billion, a PE ratio of 24.50, a PEG ratio of 1.70 and a beta of 0.42. George Weston Limited has a 52-week low of C$144.41 and a 52-week high of C$219.28. The company has a debt-to-equity ratio of 171.94, a quick ratio of 0.73 and a current ratio of 1.35.

George Weston announces dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Sunday, September 15th will receive a dividend of $0.82 per share. This represents an annual dividend of $3.28 and a yield of 1.51%. The ex-dividend date is Friday, September 13th. George Weston’s payout ratio is currently 36.90%.

Analyst Upgrades and Downgrades

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

Check out our latest analysis on George Weston

Company Profile of George Weston

(Get free report)

George Weston Limited provides grocery 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 health care services, health and beauty products, apparel, general merchandise and financial services.

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