Waste Connections, Inc. (TSE:WCN) Senior Officer Robert Andres Nielsen Sells 1,000 Shares of Stock

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

Waste Connections stock traded down C$0.14 during midday trading on Friday, reaching C$258.30. 39,089 shares of the stock were exchanged, compared to its average volume of 235,120. The company’s fifty day moving average is C$248.43 and its 200-day moving average is C$241.32. The firm has a market cap of C$66.64 billion, a PE ratio of 57.32, a PEG ratio of 2.22 and a beta of 0.72. The company has a debt-to-equity ratio of 100.60, a quick ratio of 0.74 and a current ratio of 0.70. Waste Connections, Inc. has a 52 week low of C$178.43 and a 52 week high of C$263.78.

Waste Connections Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 7th will be paid a $0.426 dividend. The ex-dividend date is Thursday, November 7th. This is a boost from Waste Connections’s previous quarterly dividend of $0.39. This represents a $1.70 annualized dividend and a dividend yield of 0.66%. Waste Connections’s dividend payout ratio (DPR) is presently 34.37%.

Analysts Set New Price Targets

WCN has been the topic of several research reports. Eight Capital set a C$270.00 price target on Waste Connections and gave the company a “neutral” rating in a research note on Wednesday, October 9th. ATB Capital lifted their target price on Waste Connections from C$255.00 to C$260.00 in a report on Friday, October 25th. Finally, Scotiabank upgraded shares of Waste Connections to a “hold” rating in a report on Friday, October 4th. Four 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, Waste Connections has an average rating of “Hold” and an average target price 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.