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

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 500 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of C$103.50, for a total transaction of C$51,750.00. Following the sale, the director owned 300 shares in the company, valued at C$31,050. This trade 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 stock was 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 stock was sold at an average price of C$104.00, for a total value of C$31,200.00.

Olympia Financial Group Stock Performance

Shares of Olympia Financial Group stock opened at C$100.00 on Friday. Olympia Financial Group Inc. has a one year low of C$98.00 and a one year high of C$133.60. The company has a market cap of C$240.60 million, a PE ratio of 13.16 and a beta of -0.00. 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 business has a 50-day simple moving average of C$104.71 and a 200-day simple moving average of C$113.26.

Olympia Financial Group Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 31st will be issued a $0.50 dividend. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, August 20th. Olympia Financial Group’s payout ratio is presently 92.11%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$158.24 price target on shares of Olympia Financial Group and gave the company a “buy” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average 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”.