iA Financial Co. Inc. (TSE:IAG - Get Free Report) Senior Officer Alain Bergeron sold 2,750 shares of the company's stock in a transaction that occurred on Thursday, November 28th. The shares were sold at an average price of C$134.00, for a total transaction of C$368,500.00. Following the transaction, the insider now owns 500 shares in the company, valued at C$67,000. The trade was a 84.62 % decrease in their position.
iA Financial Price Performance
Shares of iA Financial stock opened at C$133.83 on Friday. The firm has a market cap of C$12.73 billion, a PE ratio of 17.82, a P/E/G ratio of 1.26 and a beta of 1.13. iA Financial Co. Inc. has a twelve month low of C$80.95 and a twelve month high of C$137.34. The company has a quick ratio of 0.17, a current ratio of 2.22 and a debt-to-equity ratio of 46.39. The business has a 50-day moving average price of C$120.08 and a 200 day moving average price of C$102.05.
iA Financial Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 22nd will be given a $0.90 dividend. The ex-dividend date is Friday, November 22nd. This is a boost from iA Financial's previous quarterly dividend of $0.82. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.69%. iA Financial's payout ratio is 43.91%.
Analysts Set New Price Targets
First JFK… next Elon?
From Porter & Company | Ad
Today, I have another controversial prediction.
One which I will take no pleasure in seeing come true.
See, even with President Trump returning as the leader of our free country, I believe Elon Musk is in mortal danger.
I share with you in this special investigative documentary.
A number of equities analysts recently issued reports on the company. Royal Bank of Canada lowered iA Financial from an "outperform" rating to a "sector perform" rating and raised their target price for the stock from C$105.00 to C$137.00 in a research note on Thursday, November 7th. BMO Capital Markets lifted their target price on iA Financial from C$126.00 to C$140.00 in a report on Thursday, November 7th. CIBC increased their price objective on shares of iA Financial from C$133.00 to C$143.00 in a research note on Wednesday, November 13th. Scotiabank boosted their target price on shares of iA Financial from C$126.00 to C$143.00 in a research report on Thursday, November 7th. Finally, National Bankshares increased their price target on iA Financial from C$118.00 to C$121.00 in a research report on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of C$129.75.
Check Out Our Latest Report on IAG
About iA Financial
(
Get Free Report)
iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
