Waste Connections, Inc. (TSE:WCN) Senior Officer Sells C$180,150.00 in Stock

Waste Connections, Inc. (TSE:WCN) Senior Officer Robert Andres Nielsen sold 1,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of C$180.15, for a total transaction of C$180,150.00.

Robert Andres Nielsen also recently made the following trade(s):

• On Friday, June 7th, Robert Andres Nielsen sold 1,000 shares of Waste Connections stock. The shares were sold at an average price of C$169.00, for a total value of C$169,000.00.

Waste Connections Trading Down 0.1 %

Waste Connections stock opened at C$247.35 on Tuesday. The company has a debt-to-equity ratio of 104.12, a quick ratio of 0.74 and a current ratio of 0.75. The stock has a 50-day simple moving average of C$241.34 and a 200 day simple moving average of C$230.72. The stock has a market capitalization of C$63.81 billion, a P/E ratio of 60.18, a PEG ratio of 2.22 and a beta of 0.67. Waste Connections, Inc. has a 52 week low of C$174.74 and a 52 week high of C$251.99.

Waste Connections Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 22nd. Investors of record on Wednesday, August 7th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, August 7th. This is a positive change from Waste Connections’s previous quarterly dividend of $0.39. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.63%. Waste Connections’s payout ratio is presently 37.96%.

Analysts Set New Price Targets

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