Insider Selling: Waste Connections, Inc. (TSE:WCN) Senior Officer 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 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 shares were 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. Waste Connections, Inc. has a twelve month low of C$178.43 and a twelve month high of C$263.78. The company has a debt-to-equity ratio of 100.60, a quick ratio of 0.74 and a current ratio of 0.70. The stock has a market cap of C$66.72 billion, a price-to-earnings ratio of 57.32, a PEG ratio of 2.22 and a beta of 0.72. The firm’s 50 day moving average price is C$248.43 and its two-hundred day moving average price is C$241.32.

Waste Connections Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th will be given a dividend of $0.426 per share. This represents a $1.70 annualized dividend and a yield of 0.66%. This is a boost from Waste Connections’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, November 7th. Waste Connections’s payout ratio is presently 34.37%.

Analyst Upgrades and Downgrades

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