Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) Senior Officer Colm Joseph Freyne sold 17,730 shares of Sun Life Financial stock in a transaction on Thursday, June 6th. The stock was sold at an average price of C$53.54, for a total value of C$949,264.20.
Shares of SLF stock opened at C$53.37 on Wednesday. Sun Life Financial Inc has a twelve month low of C$43.13 and a twelve month high of C$55.97. The stock has a market capitalization of $31.94 billion and a P/E ratio of 13.05. The company has a debt-to-equity ratio of 18.26, a current ratio of 483.92 and a quick ratio of 451.94.
Sun Life Financial (TSE:SLF) (NYSE:SLF) last posted its quarterly earnings results on Wednesday, May 8th. The financial services provider reported C$1.20 EPS for the quarter, missing the consensus estimate of C$1.21 by C($0.01). The business had revenue of C$11.39 billion during the quarter. On average, analysts expect that Sun Life Financial Inc will post 5.4399998 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, May 29th will be issued a $0.525 dividend. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.50. The ex-dividend date is Tuesday, May 28th. This represents a $2.10 annualized dividend and a yield of 3.93%. Sun Life Financial’s payout ratio is 47.68%.
SLF has been the subject of several analyst reports. National Bank Financial boosted their target price on shares of Sun Life Financial from C$55.00 to C$58.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. BMO Capital Markets boosted their target price on shares of Sun Life Financial from C$56.00 to C$57.00 in a research note on Friday, February 15th. Cormark set a C$54.00 target price on shares of Sun Life Financial in a research note on Friday, February 15th. CIBC downgraded shares of Sun Life Financial from a “neutral” rating to an “underperform” rating and boosted their target price for the company from C$53.00 to C$54.00 in a research note on Thursday, March 14th. Finally, Desjardins boosted their target price on shares of Sun Life Financial from C$58.00 to C$59.00 in a research note on Monday, April 15th.
WARNING: This report was reported by Highlight Press and is the sole property of of Highlight Press. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://highlightpress.com/2019/06/12/insider-selling-sun-life-financial-inc-tseslf-senior-officer-sells-17730-shares-of-stock.html.
About Sun Life Financial
Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate.
Receive News & Ratings for Sun Life Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Life Financial and related companies with MarketBeat.com's FREE daily email newsletter.