Stella-Jones Inc. (TSE:SJ) Senior Officer Buys C$13,990.00 in Stock

Stella-Jones Inc. (TSE:SJ) Senior Officer Marco Albanesi acquired 200 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was acquired at an average price of C$69.95 per share, for a total transaction of C$13,990.00. Following the completion of the purchase, the insider now directly owns 232 shares of the company’s stock, valued at C$16,228.40. This trade represents a 625.00 % increase in their position.

Stella-Jones Price Performance

Shares of SJ stock opened at C$69.07 on Thursday. The stock’s fifty day simple moving average is C$85.50 and its 200 day simple moving average is C$87.17. The company has a debt-to-equity ratio of 93.08, a current ratio of 6.57 and a quick ratio of 1.20. The firm has a market cap of C$3.89 billion, a price-to-earnings ratio of 11.16, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones Inc. has a one year low of C$67.13 and a one year high of C$98.00.

Stella-Jones Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be given a $0.28 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.62%. Stella-Jones’s payout ratio is 18.09%.

Analyst Upgrades and Downgrades

SJ has been the topic of several recent analyst reports. TD Securities dropped their price target on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. CIBC decreased their price objective on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Royal Bank of Canada decreased their price objective on Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Finally, Scotiabank decreased their price objective on Stella-Jones from C$95.00 to C$85.00 in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$88.00.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.