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 on Wednesday, May 27th. The stock was acquired at an average price of C$8.30 per share, for a total transaction of C$16,600.00. Following the completion of the purchase, the director owned 87,000 shares of the company’s stock, valued at C$722,100. This trade represents a 2.35% increase in their position.

Sagicor Financial Stock Performance

TSE SFC traded up C$0.04 during trading on Thursday, reaching C$8.29. The company’s stock had a trading volume of 22,895 shares, compared to its average volume of 65,023. The firm has a market cap of C$1.13 billion, a price-to-earnings ratio of 47.10 and a beta of -0.03. Sagicor Financial Company Ltd. has a twelve month low of C$7.21 and a twelve month high of C$10.53. The business’s fifty day moving average price is C$9.24 and its 200-day moving average price is C$9.18.

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

Analyst Upgrades and Downgrades

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