Olympia Financial Group (TSE:OLY) Insider Purchases C$58,880.00 in Stock

Olympia Financial Group Inc. (TSE:OLY) insider Neil Robert Mccullagh acquired 512 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average price of C$115.00 per share, for a total transaction of C$58,880.00. Following the transaction, the insider owned 4,454 shares of the company’s stock, valued at C$512,210. This trade represents a 12.99% increase in their ownership of the stock.

Olympia Financial Group Stock Performance

OLY stock traded up C$0.74 on Friday, hitting C$116.00. The company had a trading volume of 1,823 shares, compared to its average volume of 2,371. The company has a current ratio of 3.32, a quick ratio of 1.59 and a debt-to-equity ratio of 6.00. Olympia Financial Group Inc. has a 12-month low of C$97.40 and a 12-month high of C$134.24. The stock has a market cap of C$279.10 million, a price-to-earnings ratio of 13.00 and a beta of 0.12. The stock’s 50-day simple moving average is C$113.92 and its 200 day simple moving average is C$119.43.

Olympia Financial Group (TSE:OLY) last released its quarterly earnings results on Thursday, November 13th. The health services provider reported C$1.93 earnings per share for the quarter. The firm had revenue of C$23.80 million for the quarter. Olympia Financial Group had a return on equity of 64.95% and a net margin of 23.82%. As a group, equities research analysts expect that Olympia Financial Group Inc. will post 3.06 earnings per share for the current fiscal year.

Olympia Financial Group Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 6.2%. Olympia Financial Group’s dividend payout ratio is currently 80.72%.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$166.83 price objective on shares of Olympia Financial Group and gave the stock a “buy” rating in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Olympia Financial Group has a consensus rating of “Buy” and a consensus price target of C$166.83.

About Olympia Financial Group

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”.