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Alan Kenneth Ryder Acquires 3,200 Shares of Sagicor Financial Company Ltd. (TSE:SFC) Stock

Sagicor Financial logo

Sagicor Financial Company Ltd. (TSE:SFC - Get Free Report) Director Alan Kenneth Ryder acquired 3,200 shares of Sagicor Financial stock in a transaction on Friday, September 13th. The shares were purchased at an average price of C$5.81 per share, for a total transaction of C$18,592.00.

Alan Kenneth Ryder also recently made the following trade(s):

  • On Wednesday, September 11th, Alan Kenneth Ryder purchased 1,800 shares of Sagicor Financial stock. The stock was bought at an average price of C$5.81 per share, for a total transaction of C$10,458.00.

Sagicor Financial Price Performance

TSE:SFC traded down C$0.07 during mid-day trading on Tuesday, hitting C$5.66. 19,510 shares of the company's stock were exchanged, compared to its average volume of 8,318. The stock's 50 day moving average is C$6.07. Sagicor Financial Company Ltd. has a fifty-two week low of C$4.66 and a fifty-two week high of C$7.41. The company has a market cap of C$798.46 million, a price-to-earnings ratio of 1.30 and a beta of 0.21.

Sagicor Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be issued a dividend of $0.083 per share. The ex-dividend date is Tuesday, August 27th. This represents a $0.33 annualized dividend and a yield of 5.87%. Sagicor Financial's payout ratio is 7.36%.

Analyst Ratings Changes

A number of research firms have recently weighed in on SFC. Royal Bank of Canada reduced their price target on shares of Sagicor Financial from C$9.00 to C$8.50 and set an "outperform" rating on the stock in a research note on Tuesday, August 20th. Scotiabank cut their target price on shares of Sagicor Financial from C$10.00 to C$9.00 and set an "outperform" rating on the stock in a research report on Friday, August 16th.


View Our Latest Stock Analysis on Sagicor Financial

Sagicor Financial Company Profile

(Get Free Report)

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.

Further Reading

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