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

Sagicor Financial Company Ltd. (TSE:SFC) Director Andre Guy Mousseau purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average cost of C$8.00 per share, with a total value of C$16,000.00. Following the completion of the purchase, the director owned 89,000 shares of the company’s stock, valued at C$712,000. The trade was 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 purchased 2,000 shares of Sagicor Financial stock. The shares were acquired at an average cost of C$8.30 per share, with a total value of C$16,600.00.

Sagicor Financial Price Performance

SFC opened at C$8.13 on Tuesday. The company has a market cap of C$1.11 billion, a price-to-earnings ratio of 46.19 and a beta of -0.11. The firm has a 50 day simple moving average of C$9.02 and a 200 day simple moving average of C$9.18. Sagicor Financial Company Ltd. has a fifty-two week low of C$7.21 and a fifty-two week high of C$10.53.

Sagicor Financial (TSE:SFC) last issued its earnings results on Wednesday, May 13th. The company reported C$0.26 EPS for the quarter. Sagicor Financial had a net margin of 1.16% and a return on equity of 2.58%. The firm had revenue of C$791.91 million during the quarter. As a group, analysts expect that Sagicor Financial Company Ltd. will post 0.9578783 EPS for the current year.

Wall Street Analyst Weigh In

Separately, National Bank Financial set a C$13.00 target price on shares of 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, According to MarketBeat.com, Sagicor Financial currently has an average rating of “Buy” and a consensus target price of C$11.33.

About Sagicor Financial

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.