Insider Selling: Olympia Financial Group Inc. (TSE:OLY) Senior Officer Sells 2,376 Shares of Stock

Olympia Financial Group Inc. (TSE:OLY) Senior Officer Neil Robert Mccullagh sold 2,376 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$105.67, for a total value of C$251,075.48.

Olympia Financial Group Trading Down 0.8 %

Shares of OLY traded down C$0.87 during mid-day trading on Monday, hitting C$102.31. The company had a trading volume of 242 shares, compared to its average volume of 1,780. Olympia Financial Group Inc. has a 1-year low of C$89.90 and a 1-year high of C$114.34. The business’s 50-day simple moving average is C$107.63 and its 200-day simple moving average is C$104.23. The stock has a market cap of C$246.19 million, a PE ratio of 10.07 and a beta of 0.27. The company has a quick ratio of 1.59, a current ratio of 3.32 and a debt-to-equity ratio of 6.00.

Olympia Financial Group Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be given a dividend of $0.60 per share. This represents a $7.20 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date is Thursday, March 20th. Olympia Financial Group’s dividend payout ratio (DPR) is presently 70.86%.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$143.52 target price on Olympia Financial Group and gave the company a “buy” rating in a research note on Tuesday, March 11th.

About Olympia Financial Group

Olympia Financial Group Inc is engaged in providing financial services. The company’s operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.