The North West Company Inc. (TSE:NWC) Senior Officer Vineet Gupta Buys 2,200 Shares

The North West Company Inc. (TSE:NWC - Get Free Report) Senior Officer Vineet Gupta purchased 2,200 shares of the company's stock in a transaction dated Tuesday, June 17th. The shares were acquired at an average cost of C$49.95 per share, with a total value of C$109,890.00.

North West Trading Down 1.5%

Shares of TSE:NWC traded down C$0.76 during midday trading on Thursday, reaching C$48.34. The company's stock had a trading volume of 156,526 shares, compared to its average volume of 129,212. The North West Company Inc. has a fifty-two week low of C$40.42 and a fifty-two week high of C$57.95. The company has a debt-to-equity ratio of 59.78, a quick ratio of 0.64 and a current ratio of 2.16. The firm has a 50 day moving average price of C$54.25 and a two-hundred day moving average price of C$50.22. The firm has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 1.11 and a beta of 0.64.

North West Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Friday, June 27th. This is a positive change from North West's previous quarterly dividend of $0.40. This represents a $2.12 annualized dividend and a yield of 4.39%. North West's payout ratio is 58.83%.

Analysts Set New Price Targets

NWC has been the topic of a number of analyst reports. CIBC upped their price target on North West from C$59.00 to C$60.00 and gave the company an "outperform" rating in a research report on Friday, April 11th. BMO Capital Markets upped their target price on North West from C$58.00 to C$60.00 in a report on Thursday, April 10th. Finally, TD Securities increased their target price on shares of North West from C$59.00 to C$63.00 and gave the company a "buy" rating in a research report on Thursday, April 10th.

About North West

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.