Maple Leaf Foods Inc (TSE:MFI) insider Gary Louis Maksymetz sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of C$35.23, for a total transaction of C$528,450.00.

Shares of Maple Leaf Foods Inc (MFI) traded down 0.99% during trading on Friday, hitting $34.86. 44,898 shares of the stock traded hands. The company’s 50 day moving average is $33.51 and its 200 day moving average is $32.65. Maple Leaf Foods Inc has a 52-week low of $27.31 and a 52-week high of $35.37. The firm has a market cap of $4.50 billion and a PE ratio of 26.71.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.25%. This is an increase from Maple Leaf Foods’s previous quarterly dividend of $0.08. The ex-dividend date is Thursday, September 7th.

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Several equities analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Maple Leaf Foods from C$36.00 to C$37.00 and gave the stock a “market perform” rating in a report on Sunday, July 30th. TD Securities upped their price objective on shares of Maple Leaf Foods from C$37.00 to C$39.00 and gave the stock a “buy” rating in a report on Monday, May 1st. Scotiabank upped their price objective on shares of Maple Leaf Foods from C$34.00 to C$37.00 and gave the stock an “outperform” rating in a report on Friday, April 28th. CIBC upped their price objective on shares of Maple Leaf Foods from C$35.00 to C$36.00 in a report on Friday, April 28th. Finally, Royal Bank Of Canada upped their price objective on shares of Maple Leaf Foods from C$35.00 to C$36.00 and gave the stock a “sector perform” rating in a report on Friday, April 28th.

About Maple Leaf Foods

Maple Leaf Foods Inc is a Canada-based consumer protein company that processes and produces value-added prepared meats, lunch kits snacks, and value-added fresh pork and poultry products sold under flagship Canadian brands such as Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina and Devour.

Insider Buying and Selling by Quarter for Maple Leaf Foods (TSE:MFI)

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