Sun Life Financial Inc. (TSE:SLF - Get Free Report) (NYSE:SLF) Senior Officer Linda Dougherty purchased 5,800 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average cost of C$84.83 per share, for a total transaction of C$492,014.00.
Linda Dougherty also recently made the following trade(s):
- On Thursday, September 12th, Linda Dougherty sold 2,000 shares of Sun Life Financial stock. The stock was sold at an average price of C$75.30, for a total transaction of C$150,590.00.
Sun Life Financial Stock Down 1.2 %
Shares of Sun Life Financial stock opened at C$84.88 on Friday. The company's 50 day moving average price is C$78.56 and its 200-day moving average price is C$72.32. Sun Life Financial Inc. has a 52-week low of C$64.38 and a 52-week high of C$86.39. The stock has a market capitalization of C$48.93 billion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 1.33 and a beta of 0.94. The company has a debt-to-equity ratio of 53.77, a quick ratio of 84,866.00 and a current ratio of 65.29.
Sun Life Financial Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.84 per share. This is a positive change from Sun Life Financial's previous quarterly dividend of $0.81. The ex-dividend date is Wednesday, November 27th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.96%. Sun Life Financial's payout ratio is presently 61.36%.
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A number of equities research analysts recently weighed in on SLF shares. Scotiabank raised their target price on shares of Sun Life Financial from C$85.00 to C$96.00 in a research note on Thursday. National Bankshares lifted their price objective on shares of Sun Life Financial from C$72.00 to C$73.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 13th. CIBC upped their target price on shares of Sun Life Financial from C$90.00 to C$96.00 in a research report on Wednesday. Barclays increased their price objective on Sun Life Financial from C$79.00 to C$82.00 in a research report on Thursday. Finally, Cormark boosted their target price on Sun Life Financial from C$82.00 to C$85.00 in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sun Life Financial currently has an average rating of "Moderate Buy" and a consensus price target of C$84.18.
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Sun Life Financial Company Profile
(
Get Free Report)
Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.
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