Insider Buying: George Weston Limited (TSE:WN) Senior Officer Purchases 1,000 Shares of Stock

George Weston Limited (TSE:WN - Get Free Report) Senior Officer Rashid Wasti acquired 1,000 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was purchased at an average price of C$22.18 per share, with a total value of C$22,180.00.

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

• On Friday, September 20th, Rashid Wasti acquired 1,000 shares of George Weston stock. The stock was purchased at an average price of C$20.54 per share, with a total value of C$20,539.00.
• On Tuesday, September 17th, Rashid Wasti acquired 1,100 shares of George Weston stock. The stock was purchased at an average price of C$21.99 per share, with a total value of C$24,189.99.
• On Monday, August 26th, Rashid Wasti bought 2,000 shares of George Weston stock. The shares were purchased at an average price of C$21.67 per share, with a total value 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 bought 1,500 shares of George Weston stock. The shares were purchased at an average price of C$21.72 per share, with a total value of C$32,580.00.
• On Monday, August 19th, Rashid Wasti bought 1,300 shares of George Weston stock. The shares were purchased at an average price 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 value of C$32,775.00.
• On Wednesday, August 7th, Rashid Wasti bought 1,500 shares of George Weston stock. The shares were purchased at an average price of C$21.34 per share, with a total value of C$32,010.00.
• On Tuesday, July 30th, Rashid Wasti sold 3,300 shares of George Weston stock. The stock was sold at an average price of C$215.00, for a total value of C$709,500.00.

George Weston Price Performance

The stock's 50-day moving average is C$218.85 and its 200 day moving average is C$201.47. 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 firm has a market capitalization of C$29.40 billion, a P/E ratio of 25.03, a PEG ratio of 1.70 and a beta of 0.42. George Weston Limited has a 1 year low of C$144.41 and a 1 year high of C$229.22.

George Weston (TSE:WN - Get Free Report) last announced its earnings results on Tuesday, July 30th. The company reported C$2.93 EPS for the quarter. George Weston had a net margin of 2.06% and a return on equity of 17.52%. The company had revenue of C$14.09 billion for the quarter. As a group, research analysts expect that George Weston Limited will post 13.0134582 EPS for the current year.

George Weston Dividend Announcement

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

Wall Street Analyst Weigh In

WN has been the subject of several analyst reports. BMO Capital Markets raised their price objective on George Weston from C$196.00 to C$220.00 and gave the company a "market perform" rating in a report on Wednesday, July 31st. CIBC raised their price objective on George Weston from C$235.00 to C$254.00 and gave the company an "outperform" rating in a report on Wednesday, July 31st. TD Securities decreased their price objective on George Weston from C$246.00 to C$242.00 and set a "buy" rating for the company in a report on Monday, July 22nd. Finally, Desjardins raised their price objective 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. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, 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.