Andre Guy Mousseau Buys 2,000 Shares of Sagicor Financial (TSE:SFC) Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Andre Guy Mousseau acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were purchased at an average price of C$8.30 per share, with a total value of C$16,600.00. Following the completion of the acquisition, the director owned 87,000 shares in the company, valued at approximately C$722,100. The trade was a 2.35% increase in their ownership of the stock.

Sagicor Financial Stock Down 0.2%

SFC stock opened at C$8.27 on Friday. The company has a market cap of C$1.13 billion, a price-to-earnings ratio of 46.99 and a beta of -0.03. The business has a fifty day simple moving average of C$9.21 and a 200-day simple moving average of C$9.17. Sagicor Financial Company Ltd. has a 52 week low of C$7.21 and a 52 week high of C$10.53.

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 business had revenue of C$791.91 million during the quarter. Sagicor Financial had a return on equity of 2.58% and a net margin of 1.16%. As a group, analysts expect that Sagicor Financial Company Ltd. will post 0.9578783 earnings per share for the current fiscal year.

Analyst Ratings Changes

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