Clearwater Seafoods (TSE:CLR) had its price target decreased by BMO Capital Markets from C$8.00 to C$3.75 in a research report released on Wednesday morning. BMO Capital Markets currently has a market perform rating on the stock.

Separately, Scotiabank cut their target price on Clearwater Seafoods from C$12.50 to C$11.50 and set an outperform rating for the company in a research report on Friday, November 10th.

Shares of Clearwater Seafoods (TSE:CLR) opened at C$4.63 on Wednesday. Clearwater Seafoods has a 52-week low of C$3.94 and a 52-week high of C$12.03. The company has a market capitalization of $296.02, a P/E ratio of 8.27 and a beta of 0.74.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Monday, April 2nd will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.20 annualized dividend and a dividend yield of 4.32%. Clearwater Seafoods’s dividend payout ratio (DPR) is presently 35.71%.

In related news, Director Richard Lawrence Gillis Hood bought 15,000 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The stock was acquired at an average price of C$4.25 per share, for a total transaction of C$63,750.00.

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About Clearwater Seafoods

Clearwater Seafoods Incorporated is a seafood company. The Company is engaged in the ownership and operation of assets and property in connection with the harvesting, processing, distribution and marketing of seafood. The Company’s segment includes integrated operations for harvesting, processing and distribution of seafood products.

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