Andreas Liris Sells 4,870 Shares of Maple Leaf Foods (TSE:MFI) Stock

Maple Leaf Foods Inc. (TSE:MFI) insider Andreas Liris sold 4,870 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$28.70, for a total transaction of C$139,769.00. Following the completion of the transaction, the insider directly owned 13,000 shares of the company’s stock, valued at approximately C$373,100. The trade was a 27.25% decrease in their ownership of the stock.

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

• On Wednesday, May 13th, Andreas Liris bought 2,500 shares of Maple Leaf Foods stock. The stock was bought at an average cost of C$28.36 per share, with a total value of C$70,900.00.

Maple Leaf Foods Price Performance

Shares of TSE MFI opened at C$28.00 on Friday. The firm has a market cap of C$3.48 billion, a PE ratio of 6.65, a PEG ratio of 18.07 and a beta of 0.54. The company has a current ratio of 1.34, a quick ratio of 0.54 and a debt-to-equity ratio of 91.78. Maple Leaf Foods Inc. has a 1-year low of C$23.35 and a 1-year high of C$36.35. The company has a fifty day moving average price of C$29.36 and a 200 day moving average price of C$27.05.

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

Maple Leaf Foods Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were given a dividend of $0.21 per share. This is a boost from Maple Leaf Foods’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 3.0%. Maple Leaf Foods’s payout ratio is presently 20.90%.

Analyst Ratings Changes

Several equities research analysts have commented on MFI shares. Scotiabank raised shares of Maple Leaf Foods from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Stifel Nicolaus boosted their price target on shares of Maple Leaf Foods from C$35.00 to C$36.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Ventum Capital upped their target price on shares of Maple Leaf Foods from C$37.00 to C$39.00 and gave the company a “buy” rating in a report on Friday, May 8th. National Bank Financial upped their target price on shares of Maple Leaf Foods from C$35.00 to C$37.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Ventum Financial set a C$37.00 target price on shares of Maple Leaf Foods and gave the company a “buy” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$36.09.

Maple Leaf Foods Company Profile

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.