Christine Magee Sells 1,100 Shares of Sleep Country Canada Holdings Inc (ZZZ) Stock

Sleep Country Canada Holdings Inc (TSE:ZZZ) Director Christine Magee sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of C$32.02, for a total value of C$35,222.00.

Christine Magee also recently made the following trade(s):

  • On Tuesday, November 7th, Christine Magee sold 39,900 shares of Sleep Country Canada Holdings stock. The stock was sold at an average price of C$32.38, for a total value of C$1,291,962.00.
  • On Monday, September 18th, Christine Magee sold 300 shares of Sleep Country Canada Holdings stock. The stock was sold at an average price of C$32.26, for a total value of C$9,678.00.

Sleep Country Canada Holdings Inc (TSE ZZZ) traded up C$0.34 during midday trading on Friday, hitting C$32.16. The stock had a trading volume of 81,772 shares, compared to its average volume of 74,933. Sleep Country Canada Holdings Inc has a 12-month low of C$26.73 and a 12-month high of C$42.36.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 27th. Stockholders of record on Monday, November 27th will be issued a dividend of $0.165 per share. The ex-dividend date is Thursday, November 16th. This represents a $0.66 annualized dividend and a dividend yield of 2.05%. Sleep Country Canada Holdings’s payout ratio is 42.86%.

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ZZZ has been the topic of several recent research reports. Raymond James Financial, Inc. cut their price target on Sleep Country Canada Holdings from C$40.00 to C$38.00 and set a “market perform” rating on the stock in a research note on Friday, November 3rd. National Bank Financial cut their price target on Sleep Country Canada Holdings from C$45.00 to C$40.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Scotiabank restated an “outperform” rating and issued a C$44.00 price target on shares of Sleep Country Canada Holdings in a research note on Tuesday, October 24th. CIBC cut their price target on Sleep Country Canada Holdings from C$44.00 to C$42.00 in a research note on Thursday, November 2nd. Finally, TD Securities upped their price target on Sleep Country Canada Holdings from C$42.00 to C$45.00 and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$40.83.

About Sleep Country Canada Holdings

Sleep Country Canada Holdings Inc operates as a specialty mattress retailer in Canada. The company offers a range of mattresses; and sleep related products and accessories, such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards. As of September 6, 2017, it operated 244 corporate-owned stores, including 191 Sleep Country stores across Canada and 53 Dormez-vous stores in Quebec.

Insider Buying and Selling by Quarter for Sleep Country Canada Holdings (TSE:ZZZ)

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