Maple Leaf Foods (TSE:MFI) Insider Andreas Liris Purchases 2,500 Shares

Maple Leaf Foods Inc. (TSE:MFI) insider Andreas Liris bought 2,500 shares of Maple Leaf Foods stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of C$28.36 per share, with a total value of C$70,900.00. Following the completion of the purchase, the insider owned 15,500 shares in the company, valued at approximately C$439,580. The trade was a 19.23% increase in their position.

Andreas Liris also recently made the following trade(s):

• On Tuesday, May 12th, Andreas Liris sold 4,870 shares of Maple Leaf Foods stock. The shares were sold at an average price of C$28.70, for a total value of C$139,769.00.

Maple Leaf Foods Stock Up 0.0%

Shares of Maple Leaf Foods stock traded up C$0.01 on Friday, hitting C$27.94. 78,675 shares of the company’s stock traded hands, compared to its average volume of 308,776. The stock has a market cap of C$3.48 billion, a P/E ratio of 6.64, a PEG ratio of 18.07 and a beta of 0.54. The company has a quick ratio of 0.54, a current ratio of 1.34 and a debt-to-equity ratio of 91.78. The firm’s 50-day moving average is C$29.33 and its 200 day moving average is C$27.04. Maple Leaf Foods Inc. has a 52-week low of C$23.35 and a 52-week high of C$36.35.

Maple Leaf Foods (TSE:MFI) last released its earnings results on Thursday, May 7th. The company reported C$0.34 EPS for the quarter. The company had revenue of C$962.85 million during the quarter. Maple Leaf Foods had a return on equity of 36.56% and a net margin of 12.44%. Equities analysts anticipate that Maple Leaf Foods Inc. will post 1.4334187 earnings per share for the current year.

Maple Leaf Foods Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.21 per share. This is an increase from Maple Leaf Foods’s previous quarterly dividend of $0.19. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 3.0%. Maple Leaf Foods’s dividend payout ratio (DPR) is currently 20.90%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Ventum Capital increased their target price on Maple Leaf Foods from C$37.00 to C$39.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Royal Bank Of Canada raised their price objective on Maple Leaf Foods from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. National Bank Financial raised their price objective on Maple Leaf Foods from C$35.00 to C$37.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Ventum Financial set a C$37.00 price objective on Maple Leaf Foods and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, Scotia raised their price objective on Maple Leaf Foods from C$32.00 to C$36.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$36.09.

About Maple Leaf Foods

Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell’s Gourmet Food, Larse, Parm, and Hygrade.