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

Waste Connections, Inc. (TSE:WCN) Senior Officer Robert Andres Nielsen sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was 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 stock was sold at an average price of C$252.28, for a total value of C$144,051.88.

Waste Connections Trading Up 0.1 %

TSE:WCN opened at C$258.61 on Friday. The firm has a market cap of C$66.72 billion, a P/E ratio of 57.32, a PEG ratio of 2.22 and a beta of 0.72. The company has a current ratio of 0.70, a quick ratio of 0.74 and a debt-to-equity ratio of 100.60. The stock’s 50 day simple moving average is C$248.43 and its 200-day simple moving average is C$241.32. 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 business also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 7th will be issued a $0.426 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.66%. This is a positive change from Waste Connections’s previous quarterly dividend of $0.39. Waste Connections’s payout ratio is presently 34.37%.

Analysts Set New Price Targets

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

About Waste Connections

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.