Great-West Lifeco Inc. (TSE:GWO) Senior Officer David Martin Harney Sells 562 Shares

Great-West Lifeco Inc. (TSE:GWO) Senior Officer David Martin Harney sold 562 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of C$47.55, for a total value of C$26,721.58.

Great-West Lifeco Stock Up 0.2 %

GWO opened at C$47.05 on Friday. Great-West Lifeco Inc. has a 52 week low of C$38.44 and a 52 week high of C$50.99. The business has a 50 day moving average price of C$48.16 and a two-hundred day moving average price of C$44.75. The company has a quick ratio of 22.18, a current ratio of 37.46 and a debt-to-equity ratio of 29.61. The company has a market cap of C$43.86 billion, a PE ratio of 11.82, a P/E/G ratio of 2.26 and a beta of 0.84.

Great-West Lifeco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.555 dividend. 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 dividend payout ratio (DPR) is 55.78%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Jefferies Financial Group boosted their price objective on shares of Great-West Lifeco from C$42.00 to C$48.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Royal Bank of Canada upped their price objective on shares of Great-West Lifeco from C$47.00 to C$51.00 in a research note on Friday, November 8th. Barclays lifted their target price on Great-West Lifeco from C$43.00 to C$45.00 in a research report on Friday, November 8th. Scotiabank upped their target price on Great-West Lifeco from C$44.00 to C$50.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. Finally, CIBC lifted their price target on Great-West Lifeco from C$51.00 to C$55.00 in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.