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

Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries bought 5,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was bought at an average price of C$69.50 per share, with a total value of C$347,500.00.

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

• On Tuesday, November 12th, Rhodri Harries purchased 5,000 shares of Stella-Jones stock. The stock was bought at an average cost of C$70.50 per share, for a total transaction of C$352,500.00.

Stella-Jones Stock Down 0.3 %

Stella-Jones stock opened at C$68.16 on Friday. Stella-Jones Inc. has a 52 week low of C$67.13 and a 52 week high of C$98.00. The stock has a market cap of C$3.84 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 2.40 and a beta of 0.64. The company’s 50-day moving average price is C$86.88 and its two-hundred day moving average price is C$87.24. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08.

Stella-Jones Dividend Announcement

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

Analysts Set New Price Targets

SJ has been the topic of several analyst reports. Royal Bank of Canada dropped their target price on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. CIBC reduced their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Scotiabank dropped their price target on shares of Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. Finally, TD Securities reduced their price objective on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Stella-Jones has a consensus rating of “Moderate Buy” and a consensus target price of C$88.00.

About Stella-Jones

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.