Waste Connections, Inc. (TSE:WCN) Senior Officer Susan Rhea Netherton Sells 2,000 Shares

Waste Connections, Inc. (TSE:WCN) Senior Officer Susan Rhea Netherton sold 2,000 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was sold at an average price of C$179.13, for a total transaction of C$358,262.60.

Waste Connections Trading Down 1.6 %

WCN stock traded down C$3.94 during mid-day trading on Tuesday, reaching C$244.87. The company had a trading volume of 511,085 shares, compared to its average volume of 247,364. The company has a debt-to-equity ratio of 104.12, a current ratio of 0.75 and a quick ratio of 0.74. The company has a market capitalization of C$63.17 billion, a PE ratio of 60.54, a price-to-earnings-growth ratio of 2.22 and a beta of 0.67. The firm has a 50 day moving average of C$238.87 and a 200 day moving average of C$229.28. Waste Connections, Inc. has a 12 month low of C$174.74 and a 12 month high of C$251.99.

Waste Connections Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 22nd. Shareholders of record on Wednesday, August 7th will be paid a $0.39 dividend. This is an increase from Waste Connections’s previous quarterly dividend of $0.39. This represents a $1.56 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Wednesday, August 7th. Waste Connections’s dividend payout ratio is currently 37.96%.

Analyst Ratings Changes

Separately, ATB Capital boosted their target price on shares of Waste Connections from C$240.00 to C$255.00 in a report on Friday, July 26th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$196.10.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.