Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 6,300 Shares of Stock

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 6,300 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of C$35.69, for a total transaction of C$224,847.00.

Regan Stewart also recently made the following trade(s):

• On Friday, November 15th, Regan Stewart sold 1,637 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.67, for a total transaction of C$58,384.75.
• On Monday, August 26th, Regan Stewart sold 8,732 shares of Jamieson Wellness stock. The shares were sold at an average price of C$31.65, for a total transaction of C$276,373.04.

Jamieson Wellness Stock Up 0.5 %

Shares of Jamieson Wellness stock opened at C$35.91 on Friday. Jamieson Wellness Inc. has a 12-month low of C$23.98 and a 12-month high of C$36.77. The stock has a market capitalization of C$1.49 billion, a P/E ratio of 41.76 and a beta of 0.63. The company has a quick ratio of 1.08, a current ratio of 3.21 and a debt-to-equity ratio of 92.76. The stock has a 50 day moving average price of C$34.66 and a two-hundred day moving average price of C$31.28.

Jamieson Wellness Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 13th will be paid a $0.21 dividend. The ex-dividend date is Friday, November 29th. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a yield of 2.34%. Jamieson Wellness’s dividend payout ratio (DPR) is presently 97.67%.

Wall Street Analyst Weigh In

JWEL has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on Jamieson Wellness from C$35.00 to C$42.00 in a research report on Friday, August 9th. Canaccord Genuity Group lifted their price target on Jamieson Wellness from C$32.50 to C$36.25 in a report on Friday, August 9th. Royal Bank of Canada increased their price objective on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. Finally, TD Securities boosted their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research report on Friday, November 8th.

About Jamieson Wellness

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.