Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire Sells 26,400 Shares

Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire sold 26,400 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of C$49.50, for a total transaction of C$1,306,800.00.

Charles Donald Harvey Henaire also recently made the following trade(s):

• On Wednesday, September 4th, Charles Donald Harvey Henaire sold 25,400 shares of Great-West Lifeco stock. The shares were sold at an average price of C$44.72, for a total transaction of C$1,135,888.00.

Great-West Lifeco Price Performance

Shares of GWO traded up C$0.39 during mid-day trading on Tuesday, reaching C$49.56. The company had a trading volume of 6,581,997 shares, compared to its average volume of 2,636,000. The company has a market capitalization of C$46.20 billion, a price-to-earnings ratio of 12.35, a P/E/G ratio of 2.26 and a beta of 0.84. The company has a debt-to-equity ratio of 29.61, a quick ratio of 22.18 and a current ratio of 37.46. The company’s 50 day simple moving average is C$46.72 and its 200 day simple moving average is C$43.31. Great-West Lifeco Inc. has a 1-year low of C$38.44 and a 1-year high of C$49.64.

Great-West Lifeco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 3rd will be given a $0.555 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.22 dividend on an annualized basis and a yield of 4.48%. Great-West Lifeco’s dividend payout ratio is currently 55.78%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GWO shares. Scotiabank increased their price target on Great-West Lifeco from C$44.00 to C$50.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 30th. Royal Bank of Canada increased their target price on Great-West Lifeco from C$47.00 to C$51.00 in a report on Friday, November 8th. TD Securities raised their price target on Great-West Lifeco from C$43.00 to C$44.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Barclays upped their price objective on shares of Great-West Lifeco from C$43.00 to C$45.00 in a research report on Friday, November 8th. Finally, CIBC raised their target price on shares of Great-West Lifeco from C$51.00 to C$55.00 in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$47.63.

Great-West Lifeco Company Profile

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.