Great-West Lifeco Inc. (TSE:GWO - Get Free Report) Director Paul Mahon sold 146,826 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$49.88, for a total value of C$7,323,842.39.
Great-West Lifeco Price Performance
Shares of TSE GWO opened at C$49.79 on Friday. The business has a fifty day moving average price of C$47.12 and a two-hundred day moving average price of C$43.55. The stock has a market capitalization of C$46.41 billion, a PE ratio of 12.51, a P/E/G ratio of 2.26 and a beta of 0.84. The company has a debt-to-equity ratio of 29.61, a current ratio of 37.46 and a quick ratio of 22.18. Great-West Lifeco Inc. has a fifty-two week low of C$38.44 and a fifty-two week high of C$50.25.
Great-West Lifeco Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 3rd will be given a dividend of $0.555 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $2.22 annualized dividend and a yield of 4.46%. Great-West Lifeco's dividend payout ratio is 55.78%.
Analyst Upgrades and Downgrades
GWO has been the topic of several recent analyst reports. Scotiabank boosted their price objective 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. Jefferies Financial Group raised their target price on shares of Great-West Lifeco from C$42.00 to C$48.00 and gave the stock a "hold" rating in a research note on Wednesday, October 16th. Royal Bank of Canada upped their price target on shares of Great-West Lifeco from C$47.00 to C$51.00 in a research note on Friday, November 8th. Barclays boosted their price objective on Great-West Lifeco from C$43.00 to C$45.00 in a report on Friday, November 8th. Finally, CIBC boosted their price target on Great-West Lifeco from C$51.00 to C$55.00 in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average 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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