Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries Acquires 5,000 Shares

Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average cost of C$70.50 per share, for a total transaction of C$352,500.00.

Rhodri Harries also recently made the following trade(s):

• On Thursday, November 14th, Rhodri Harries bought 5,000 shares of Stella-Jones stock. The shares were acquired at an average cost of C$69.50 per share, for a total transaction of C$347,500.00.

Stella-Jones Price Performance

Shares of TSE:SJ opened at C$68.16 on Friday. The company has a market cap of C$3.84 billion, a PE ratio of 11.01, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones Inc. has a fifty-two week low of C$67.13 and a fifty-two week high of C$98.00. The firm has a 50-day simple moving average of C$86.88 and a 200 day simple moving average of C$87.24. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08.

Stella-Jones Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. CIBC lowered their price objective on Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Scotiabank decreased their price target on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Royal Bank of Canada cut their price target on shares of Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Finally, TD Securities decreased their price objective on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.