iA Financial Co. Inc. (TSE:IAG - Get Free Report) Senior Officer Alain Bergeron sold 2,750 shares of the firm's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of C$135.37, for a total value of C$372,267.50.
Alain Bergeron also recently made the following trade(s):
- On Tuesday, February 25th, Alain Bergeron sold 2,750 shares of iA Financial stock. The stock was sold at an average price of C$134.01, for a total value of C$368,525.85.
- On Friday, December 27th, Alain Bergeron sold 2,750 shares of iA Financial stock. The stock was sold at an average price of C$133.64, for a total value of C$367,515.78.
- On Tuesday, December 24th, Alain Bergeron sold 510 shares of iA Financial stock. The stock was sold at an average price of C$133.58, for a total value of C$68,125.80.
iA Financial Trading Down 0.6 %
TSE IAG opened at C$135.71 on Friday. The company has a fifty day simple moving average of C$131.76 and a 200 day simple moving average of C$121.76. The company has a market cap of C$12.73 billion, a P/E ratio of 12.93, a P/E/G ratio of 1.26 and a beta of 1.13. iA Financial Co. Inc. has a 1 year low of C$80.95 and a 1 year high of C$141.88.
iA Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 2.65%. iA Financial's dividend payout ratio is currently 31.25%.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on IAG shares. National Bankshares lifted their price objective on iA Financial from C$118.00 to C$121.00 in a report on Wednesday, November 6th. Desjardins lifted their target price on iA Financial from C$140.00 to C$145.00 and gave the stock a "hold" rating in a research report on Thursday, February 20th. Cormark lifted their target price on iA Financial from C$127.00 to C$130.00 in a research report on Wednesday, November 6th. Royal Bank of Canada lifted their target price on iA Financial from C$137.00 to C$141.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 20th. Finally, CIBC lifted their target price on iA Financial from C$144.00 to C$149.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of C$140.75.
Read Our Latest Analysis 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.
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