Sagicor Financial (TSE:SFC) Director Purchases C$16,000.00 in Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Andre Guy Mousseau acquired 2,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was purchased at an average cost of C$8.00 per share, with a total value of C$16,000.00. Following the transaction, the director owned 89,000 shares in the company, valued at approximately C$712,000. This trade represents a 2.30% increase in their ownership of the stock.

Andre Guy Mousseau also recently made the following trade(s):

• On Wednesday, May 27th, Andre Guy Mousseau acquired 2,000 shares of Sagicor Financial stock. The stock was acquired at an average price of C$8.30 per share, for a total transaction of C$16,600.00.

Sagicor Financial Stock Performance

SFC traded up C$0.08 during trading hours on Monday, reaching C$8.15. The company’s stock had a trading volume of 11,954 shares, compared to its average volume of 65,396. The company’s 50-day moving average is C$9.05 and its 200-day moving average is C$9.18. Sagicor Financial Company Ltd. has a 52 week low of C$7.21 and a 52 week high of C$10.53. The firm has a market cap of C$1.11 billion, a PE ratio of 46.31 and a beta of -0.11.

Sagicor Financial (TSE:SFC) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$791.91 million for the quarter. Sagicor Financial had a net margin of 1.16% and a return on equity of 2.58%. Equities analysts anticipate that Sagicor Financial Company Ltd. will post 0.9578783 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, National Bank Financial set a C$13.00 price target on Sagicor Financial and gave the company an “outperform” rating in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$11.33.

Sagicor Financial Company Profile

Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada, and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St.