WestJet Airlines Ltd. (TSE:WJA) Director Ron A. Brenneman purchased 5,000 shares of the company’s stock in a transaction on Wednesday, June 14th. The stock was acquired at an average price of C$22.50 per share, with a total value of C$112,500.00.

Shares of WestJet Airlines Ltd. (TSE:WJA) traded down 0.05% during midday trading on Friday, reaching $22.16. 119,887 shares of the company were exchanged. WestJet Airlines Ltd. has a 52-week low of $20.38 and a 52-week high of $24.98. The stock’s 50-day moving average price is $22.54 and its 200-day moving average price is $22.55. The company has a market capitalization of $2.60 billion and a PE ratio of 10.31.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.14 per share. The ex-dividend date is Monday, June 12th. This represents a $0.56 dividend on an annualized basis and a yield of 2.53%.

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Several equities research analysts have recently issued reports on the stock. Macquarie cut shares of WestJet Airlines from an “outperform” rating to a “neutral” rating in a research report on Tuesday, May 16th. National Bank Financial cut shares of WestJet Airlines from a “sector perform market weight” rating to an “underperform market weight” rating in a research report on Tuesday, May 2nd. Scotiabank set a C$25.00 price objective on shares of WestJet Airlines and gave the stock an “outperform” rating in a research report on Thursday, May 4th. TD Securities lifted their price objective on shares of WestJet Airlines from C$24.00 to C$27.00 and gave the stock a “hold” rating in a research report on Thursday, May 4th. Finally, Royal Bank of Canada lifted their price objective on shares of WestJet Airlines from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 3rd. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of C$24.29.

About WestJet Airlines

WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and the United States.

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