Brian Ross Newman Sells 500 Shares of Olympia Financial Group (TSE:OLY) Stock

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 500 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of C$103.50, for a total transaction of C$51,750.00. Following the completion of the transaction, the director owned 300 shares of the company’s stock, valued at approximately C$31,050. This represents a 62.50% decrease in their ownership of the stock.

Brian Ross Newman also recently made the following trade(s):

• On Tuesday, August 18th, Brian Ross Newman sold 200 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.25, for a total transaction of C$20,850.00.
• On Thursday, August 20th, Brian Ross Newman sold 300 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.00, for a total transaction of C$31,200.00.

Olympia Financial Group Stock Down 2.4%

OLY opened at C$100.00 on Friday. Olympia Financial Group Inc. has a fifty-two week low of C$98.00 and a fifty-two week high of C$133.60. The company has a debt-to-equity ratio of 22.31, a quick ratio of 1.59 and a current ratio of 57.49. The company has a fifty day moving average of C$104.71 and a two-hundred day moving average of C$113.26. The stock has a market capitalization of C$240.60 million, a price-to-earnings ratio of 13.16 and a beta of -0.00.

Olympia Financial Group Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 31st will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. Olympia Financial Group’s dividend payout ratio (DPR) is 92.11%.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$158.24 price target on Olympia Financial Group and gave the stock a “buy” rating in a report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of C$158.24.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.