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

Sagicor Financial Company Ltd. (TSE:SFC) Director Andre Guy Mousseau acquired 2,000 shares of Sagicor Financial stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average cost of C$8.00 per share, with a total value of C$16,000.00. Following the purchase, the director owned 89,000 shares in the company, valued at C$712,000. The trade was a 2.30% increase in their position.

Andre Guy Mousseau also recently made the following trade(s):

• On Wednesday, May 27th, Andre Guy Mousseau acquired 2,000 shares of Sagicor Financial stock. The stock was acquired at an average cost of C$8.30 per share, with a total value of C$16,600.00.

Sagicor Financial Trading Down 0.7%

SFC stock opened at C$8.07 on Wednesday. Sagicor Financial Company Ltd. has a 1 year low of C$7.21 and a 1 year high of C$10.53. The company has a fifty day simple moving average of C$9.00 and a 200 day simple moving average of C$9.18. The firm has a market cap of C$1.10 billion, a PE ratio of 45.85 and a beta of -0.11.

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

Analyst Ratings Changes

Separately, National Bank Financial set a C$13.00 target price on shares of Sagicor Financial and gave the stock an “outperform” rating in a report on Friday, April 24th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Sagicor Financial currently has an average rating of “Buy” and an average target price of C$11.33.

About Sagicor Financial

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.