Great-West Lifeco Inc. (TSE:GWO - Get Free Report) Senior Officer David Martin Harney sold 562 shares of Great-West Lifeco stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$47.55, for a total transaction of C$26,721.58.
Great-West Lifeco Stock Performance
Shares of GWO traded up C$0.11 during trading hours on Friday, hitting C$47.05. The company's stock had a trading volume of 666,108 shares, compared to its average volume of 1,090,828. The business has a 50 day simple moving average of C$48.16 and a two-hundred day simple moving average of C$44.75. Great-West Lifeco Inc. has a 52-week low of C$38.44 and a 52-week high of C$50.99. The company has a debt-to-equity ratio of 29.61, a current ratio of 37.46 and a quick ratio of 22.18. The company has a market cap of C$43.86 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 2.26 and a beta of 0.84.
Great-West Lifeco Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.555 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.22 dividend on an annualized basis and a yield of 4.72%. Great-West Lifeco's payout ratio is 55.78%.
Analysts Set New Price Targets
Several analysts have recently commented on the company. CIBC raised their target price on Great-West Lifeco from C$51.00 to C$55.00 in a research note on Friday, November 8th. Jefferies Financial Group raised their price objective on Great-West Lifeco from C$42.00 to C$48.00 and gave the company a "hold" rating in a research note on Wednesday, October 16th. Royal Bank of Canada upped their target price on Great-West Lifeco from C$47.00 to C$51.00 in a research report on Friday, November 8th. Barclays lifted their price target on shares of Great-West Lifeco from C$43.00 to C$45.00 in a research report on Friday, November 8th. Finally, Scotiabank upped their price objective on shares of Great-West Lifeco from C$44.00 to C$50.00 and gave the stock a "sector perform" rating in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of C$47.63.
Check Out Our Latest Analysis on GWO
About Great-West Lifeco
(
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Great-West Lifeco Inc engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.
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