E-L Financial (TSE:ELF) Insider Purchases 7,400 Shares of Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited bought 7,400 shares of E-L Financial stock in a transaction dated Friday, July 31st. The shares were bought at an average cost of C$16.85 per share, with a total value of C$124,690.00. Following the completion of the acquisition, the insider owned 7,400 shares of the company’s stock, valued at C$124,690. The trade was a ∞ increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Wednesday, July 22nd, E-L Financial Corporation Limited acquired 7,600 shares of E-L Financial stock. The shares were bought at an average price of C$16.94 per share, for a total transaction of C$128,744.00.
• On Thursday, July 23rd, E-L Financial Corporation Limited acquired 8,000 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.82 per share, with a total value of C$134,560.00.
• On Friday, July 24th, E-L Financial Corporation Limited bought 2,000 shares of E-L Financial stock. The stock was purchased at an average cost of C$16.99 per share, for a total transaction of C$33,980.00.
• On Monday, July 27th, E-L Financial Corporation Limited purchased 1,300 shares of E-L Financial stock. The shares were purchased at an average price of C$16.96 per share, for a total transaction of C$22,048.00.
• On Tuesday, July 28th, E-L Financial Corporation Limited purchased 200 shares of E-L Financial stock. The shares were purchased at an average price of C$16.94 per share, for a total transaction of C$3,388.00.
• On Wednesday, July 29th, E-L Financial Corporation Limited bought 2,400 shares of E-L Financial stock. The stock was acquired at an average price of C$16.96 per share, with a total value of C$40,704.00.
• On Thursday, July 30th, E-L Financial Corporation Limited purchased 8,000 shares of E-L Financial stock. The shares were acquired at an average price of C$16.88 per share, for a total transaction of C$135,040.00.
• On Wednesday, May 27th, E-L Financial Corporation Limited purchased 6,400 shares of E-L Financial stock. The shares were acquired at an average cost of C$17.11 per share, for a total transaction of C$109,504.00.
• On Thursday, May 28th, E-L Financial Corporation Limited acquired 1,200 shares of E-L Financial stock. The stock was acquired at an average cost of C$16.96 per share, with a total value of C$20,352.00.
• On Friday, May 29th, E-L Financial Corporation Limited acquired 5,700 shares of E-L Financial stock. The shares were acquired at an average price of C$17.02 per share, with a total value of C$97,014.00.

E-L Financial Stock Down 0.6%

TSE:ELF traded down C$0.10 on Thursday, hitting C$16.89. 19,329 shares of the company’s stock traded hands, compared to its average volume of 53,315. The company has a market cap of C$5.85 billion, a PE ratio of 5.13 and a beta of 1.37. E-L Financial Co. Limited has a 1 year low of C$14.31 and a 1 year high of C$18.97. The company has a current ratio of 1.41, a quick ratio of 2.70 and a debt-to-equity ratio of 6.83. The firm has a 50-day moving average price of C$16.94 and a 200-day moving average price of C$16.90.

E-L Financial (TSE:ELF) last posted its quarterly earnings results on Thursday, May 14th. The insurance provider reported C$0.09 EPS for the quarter. E-L Financial had a net margin of 43.93% and a return on equity of 13.43%. The business had revenue of C$524.00 million during the quarter. Equities analysts anticipate that E-L Financial Co. Limited will post 0.25 EPS for the current fiscal year.

E-L Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Friday, July 17th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, June 30th. E-L Financial’s payout ratio is currently 4.86%.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.