Great-West Lifeco Inc. (TSE:GWO - Get Free Report) Senior Officer Colleen Nancy Bailey Moffitt sold 825 shares of the business's stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$49.11, for a total value of C$40,515.75. Following the sale, the insider now owns 66 shares of the company's stock, valued at approximately C$3,241.26. This trade represents a 92.59 % decrease in their ownership of the stock.
Great-West Lifeco Trading Up 0.8 %
Shares of GWO opened at C$49.56 on Wednesday. Great-West Lifeco Inc. has a 12-month low of C$38.44 and a 12-month high of C$49.64. The firm has a market capitalization of C$46.20 billion, a P/E ratio of 12.45, a P/E/G ratio of 2.26 and a beta of 0.84. The firm has a 50-day moving average price of C$46.82 and a 200 day moving average price of C$43.37. The company has a current ratio of 37.46, a quick ratio of 22.18 and a debt-to-equity ratio of 29.61.
Great-West Lifeco Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 3rd will be paid a $0.555 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.22 annualized dividend and a dividend yield of 4.48%. Great-West Lifeco's dividend payout ratio (DPR) is 55.78%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on GWO shares. Barclays lifted their price target on Great-West Lifeco from C$43.00 to C$45.00 in a research note on Friday, November 8th. Scotiabank lifted their target price on shares of Great-West Lifeco from C$44.00 to C$50.00 and gave the stock a "sector perform" rating in a research note on Wednesday, October 30th. CIBC increased their target price on shares of Great-West Lifeco from C$51.00 to C$55.00 in a research report on Friday, November 8th. TD Securities raised their price target on shares of Great-West Lifeco from C$43.00 to C$44.00 and gave the stock a "hold" rating in a research note on Wednesday, August 7th. Finally, Jefferies Financial Group upped their price objective on shares of Great-West Lifeco from C$42.00 to C$48.00 and gave the company a "hold" rating in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Great-West Lifeco presently has an average rating of "Hold" and a consensus price target of C$47.63.
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Great-West Lifeco Company Profile
(
Get Free Report)
Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.
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