Maple Leaf Foods Inc. (TSE:MFI) Director Linda Mantia Purchases 4,498 Shares of Stock

Maple Leaf Foods Inc. (TSE:MFI) Director Linda Mantia bought 4,498 shares of the business’s stock in a transaction on Friday, November 15th. The shares were bought at an average price of C$22.23 per share, for a total transaction of C$99,990.54.

Maple Leaf Foods Trading Up 0.7 %

Shares of MFI opened at C$22.56 on Friday. The stock’s 50-day moving average price is C$22.03 and its 200 day moving average price is C$23.01. The company has a quick ratio of 0.54, a current ratio of 1.32 and a debt-to-equity ratio of 132.03. Maple Leaf Foods Inc. has a 12-month low of C$21.05 and a 12-month high of C$27.55. The firm has a market capitalization of C$2.78 billion, a price-to-earnings ratio of 250.67, a P/E/G ratio of 18.07 and a beta of 0.47.

Maple Leaf Foods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were paid a $0.22 dividend. The ex-dividend date was Friday, September 6th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.90%. Maple Leaf Foods’s payout ratio is 977.78%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. TD Securities cut their price objective on Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research note on Thursday. National Bankshares lowered their price target on Maple Leaf Foods from C$28.00 to C$26.00 in a report on Thursday. Finally, CIBC reduced their price objective on shares of Maple Leaf Foods from C$31.00 to C$30.00 in a research note on Friday, August 9th. Six analysts have rated the stock with a buy rating, According to MarketBeat, Maple Leaf Foods has an average rating of “Buy” and a consensus price target of C$29.93.

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.