Sagicor Financial (TSE:SFC) Director Andre Guy Mousseau Purchases 2,000 Shares

Sagicor Financial Company Ltd. (TSE:SFC) Director Andre Guy Mousseau purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average cost of C$8.30 per share, for a total transaction of C$16,600.00. Following the purchase, the director directly owned 87,000 shares in the company, valued at C$722,100. This trade represents a 2.35% increase in their position.

Sagicor Financial Stock Performance

Sagicor Financial stock opened at C$8.29 on Friday. The company’s fifty day moving average price is C$9.24 and its 200 day moving average price is C$9.18. Sagicor Financial Company Ltd. has a 1 year low of C$7.21 and a 1 year high of C$10.53. The stock has a market capitalization of C$1.13 billion, a P/E ratio of 47.10 and a beta of -0.03.

Sagicor Financial (TSE:SFC) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.26 earnings per share (EPS) for the quarter. The firm had revenue of C$791.91 million for the quarter. Sagicor Financial had a net margin of 1.16% and a return on equity of 2.58%. Sell-side analysts predict that Sagicor Financial Company Ltd. will post 0.9578783 EPS for the current year.

Wall Street Analyst Weigh In

Separately, National Bank Financial set a C$13.00 price target on Sagicor Financial and gave the stock an “outperform” rating in a research note on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$11.33.

Sagicor Financial Company Profile

Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada, and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St.