Alannah Elizabeth Weston Sells 36,865 Shares of George Weston Limited (TSE:WN) Stock

George Weston Limited (TSE:WN - Get Free Report) Director Alannah Elizabeth Weston sold 36,865 shares of George Weston stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$226.64, for a total value of C$8,355,124.15.

George Weston Stock Down 0.5 %

Shares of WN stock traded down C$1.09 on Thursday, reaching C$222.40. 150,724 shares of the company were exchanged, compared to its average volume of 127,174. George Weston Limited has a one year low of C$144.41 and a one year high of C$229.22. The company has a market cap of C$29.39 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 1.70 and a beta of 0.42. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. The company has a 50-day moving average of C$218.29 and a 200-day moving average of C$200.37.

George Weston (TSE:WN - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$2.93 earnings per share for the quarter. George Weston had a net margin of 2.06% and a return on equity of 17.52%. The business had revenue of C$14.09 billion for the quarter. Analysts anticipate that George Weston Limited will post 13.0828367 earnings per share for the current year.

George Weston Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.28 annualized dividend and a dividend yield of 1.47%. George Weston's dividend payout ratio is currently 36.90%.

Wall Street Analyst Weigh In

WN has been the subject of a number of research analyst reports. 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 report on Wednesday, July 31st. TD Securities decreased their target price on shares of 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. CIBC boosted their price objective on shares of 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 upped 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 report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average 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.

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