Insider Selling: Waste Connections Inc (WCN) Director Sells 700 Shares of Stock

Waste Connections Inc (TSE:WCN) Director Robert H. Davis sold 700 shares of Waste Connections stock in a transaction on Monday, October 30th. The shares were sold at an average price of C$71.72, for a total value of C$50,204.00.

Waste Connections Inc (TSE:WCN) traded down C$1.29 during mid-day trading on Friday, hitting C$88.65. The stock had a trading volume of 207,663 shares, compared to its average volume of 274,976. Waste Connections Inc has a 1-year low of C$66.64 and a 1-year high of C$94.86.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.79%. This is a positive change from Waste Connections’s previous quarterly dividend of $0.12. The ex-dividend date is Tuesday, November 7th. Waste Connections’s dividend payout ratio is presently 28.57%.

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WCN has been the topic of several research analyst reports. Raymond James Financial, Inc. boosted their price objective on Waste Connections from C$72.00 to C$76.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. TD Securities upped their price target on Waste Connections to C$95.00 and gave the stock a “hold” rating in a report on Friday, October 27th. Barclays PLC reduced their price target on Waste Connections from C$96.00 to C$90.00 and set an “overweight” rating for the company in a report on Thursday, July 27th. Finally, Royal Bank Of Canada upped their price target on Waste Connections to C$95.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of C$88.92.

About Waste Connections

Waste Connections, Inc, a solid waste services company, provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, office paper, plastic containers, glass bottles, and ferrous and aluminum metals.

Insider Buying and Selling by Quarter for Waste Connections (TSE:WCN)

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