iA Financial Co. Inc. (TSE:IAG - Get Free Report) Director Denis Ricard sold 5,000 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$137.00, for a total transaction of C$685,000.00.
Denis Ricard also recently made the following trade(s):
- On Thursday, November 21st, Denis Ricard sold 10,000 shares of iA Financial stock. The shares were sold at an average price of C$135.00, for a total value of C$1,350,000.00.
- On Thursday, November 14th, Denis Ricard sold 10,000 shares of iA Financial stock. The shares were sold at an average price of C$132.00, for a total transaction of C$1,320,000.00.
- On Monday, November 11th, Denis Ricard sold 2,800 shares of iA Financial stock. The shares were sold at an average price of C$131.00, for a total transaction of C$366,800.00.
- On Thursday, November 7th, Denis Ricard sold 7,200 shares of iA Financial stock. The shares were sold at an average price of C$131.00, for a total value of C$943,200.00.
iA Financial Stock Down 0.0 %
IAG stock opened at C$136.14 on Friday. iA Financial Co. Inc. has a twelve month low of C$80.95 and a twelve month high of C$138.01. The company has a market cap of C$12.95 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. The business's 50-day simple moving average is C$123.13 and its 200 day simple moving average is C$103.87. The company has a quick ratio of 0.17, a current ratio of 2.22 and a debt-to-equity ratio of 46.39.
iA Financial Increases Dividend
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The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 2.64%. The ex-dividend date is Friday, November 22nd. This is a positive change from iA Financial's previous quarterly dividend of $0.82. iA Financial's dividend payout ratio is 43.91%.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. BMO Capital Markets increased their price objective on iA Financial from C$126.00 to C$140.00 in a report on Thursday, November 7th. CIBC upped their price objective on shares of iA Financial from C$133.00 to C$143.00 in a report on Wednesday, November 13th. Cormark upped their price objective on shares of iA Financial from C$127.00 to C$130.00 in a report on Wednesday, November 6th. National Bank Financial downgraded shares of iA Financial from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Finally, National Bankshares boosted their price objective on iA Financial from C$118.00 to C$121.00 in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$129.75.
View Our Latest Stock Report on iA Financial
iA Financial Company Profile
(
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.
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