Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart Sells 1,300 Shares

Jamieson Wellness Inc. (TSE:JWEL) Senior Officer Regan Stewart sold 1,300 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$37.84, for a total transaction of C$49,192.00.

Regan Stewart also recently made the following trade(s):

• On Thursday, December 5th, Regan Stewart sold 2,000 shares of Jamieson Wellness stock. The shares were sold at an average price of C$37.52, for a total transaction of C$75,031.00.
• On Friday, November 22nd, Regan Stewart sold 6,300 shares of Jamieson Wellness stock. The stock was sold at an average price of C$35.69, for a total transaction of C$224,847.00.
• On Friday, November 15th, Regan Stewart sold 1,637 shares of Jamieson Wellness stock. The shares were sold at an average price of C$35.67, for a total transaction of C$58,384.75.

Jamieson Wellness Price Performance

TSE:JWEL opened at C$37.79 on Wednesday. Jamieson Wellness Inc. has a one year low of C$23.98 and a one year high of C$38.00. The stock has a market cap of C$1.57 billion, a PE ratio of 43.94 and a beta of 0.63. The company has a debt-to-equity ratio of 92.76, a quick ratio of 1.08 and a current ratio of 3.21. The stock has a 50 day moving average price of C$35.51 and a 200 day moving average price of C$32.53.

Jamieson Wellness Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were paid a $0.21 dividend. The ex-dividend date was Friday, November 29th. This is an increase from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.22%. Jamieson Wellness’s dividend payout ratio (DPR) is 97.67%.

Analysts Set New Price Targets

A number of brokerages have commented on JWEL. Royal Bank of Canada increased their target price on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th. National Bankshares increased their price objective on Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. Finally, TD Securities lifted their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research note on Friday, November 8th.

Jamieson Wellness Company Profile

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.