Insider Selling: Waste Connections, Inc. (TSE:WCN) Senior Officer Sells 1,000 Shares of Stock

Waste Connections, Inc. (TSE:WCN) Senior Officer Robert Andres Nielsen sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of C$260.63, for a total transaction of C$260,625.00.

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

• On Monday, September 9th, Robert Andres Nielsen sold 571 shares of Waste Connections stock. The shares were sold at an average price of C$252.28, for a total transaction of C$144,051.88.

Waste Connections Price Performance

Shares of WCN stock traded down C$0.14 during trading hours on Friday, reaching C$258.30. The company had a trading volume of 39,089 shares, compared to its average volume of 235,120. The stock has a fifty day moving average of C$248.43 and a 200-day moving average of C$241.32. The company has a debt-to-equity ratio of 100.60, a quick ratio of 0.74 and a current ratio of 0.70. The company has a market capitalization of C$66.64 billion, a price-to-earnings ratio of 57.32, a PEG ratio of 2.22 and a beta of 0.72. Waste Connections, Inc. has a 12-month low of C$178.43 and a 12-month high of C$263.78.

Waste Connections Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.426 per share. The ex-dividend date is Thursday, November 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.66%. This is an increase from Waste Connections’s previous quarterly dividend of $0.39. Waste Connections’s dividend payout ratio (DPR) is currently 34.37%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. ATB Capital upped their price target on shares of Waste Connections from C$255.00 to C$260.00 in a report on Friday, October 25th. Scotiabank raised Waste Connections to a “hold” rating in a research report on Friday, October 4th. Finally, Eight Capital set a C$270.00 price objective on shares of Waste Connections and gave the company a “neutral” rating in a report on Wednesday, October 9th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$205.10.

Waste Connections Company Profile

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.