Saputo Inc. (TSE:SAP) insider Carl Colizza sold 4,728 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$40.50, for a total value of C$191,484.00.
Carl Colizza also recently made the following trade(s):
- On Thursday, February 8th, Carl Colizza bought 133 shares of Saputo stock. The shares were purchased at an average cost of C$40.05 per share, with a total value of C$5,326.65.
Saputo Inc. (TSE:SAP) traded down C$0.07 during trading hours on Friday, hitting C$40.48. The company had a trading volume of 16,191 shares, compared to its average volume of 398,366. Saputo Inc. has a 12-month low of C$39.67 and a 12-month high of C$47.59. The firm has a market capitalization of $15,700.00, a PE ratio of 17.94 and a beta of 0.02.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Tuesday, March 6th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Monday, March 5th. This represents a $0.64 annualized dividend and a dividend yield of 1.58%. Saputo’s dividend payout ratio is presently 27.43%.
A number of equities analysts have commented on the company. CIBC reduced their target price on Saputo from C$52.00 to C$51.00 and set an “outperform” rating for the company in a report on Friday, February 2nd. TD Securities set a C$52.00 target price on Saputo and gave the company a “buy” rating in a report on Wednesday, January 3rd. BMO Capital Markets reduced their target price on Saputo from C$47.00 to C$44.00 and set a “market perform” rating for the company in a report on Friday, February 2nd. Desjardins raised Saputo from a “hold” rating to a “buy” rating in a report on Thursday, December 28th. Finally, National Bank Financial reduced their target price on Saputo from C$49.00 to C$46.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of C$49.00.
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Saputo Company Profile
Saputo Inc produces, markets and distributes dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The Company has three geographic sectors. The Canada Sector consists of Dairy Division (Canada). The USA Sector aggregates the Cheese Division (USA) and the Dairy Foods Division (USA).
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