Sun Life Financial Inc (SLF) Insider Colm Joseph Freyne Sells 17,731 Shares of Stock

Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) insider Colm Joseph Freyne sold 17,731 shares of Sun Life Financial stock in a transaction on Thursday, November 16th. The stock was sold at an average price of C$49.93, for a total transaction of C$885,308.83.

Sun Life Financial Inc (TSE:SLF) traded up C$0.04 during trading hours on Friday, hitting C$50.24. 825,900 shares of the stock traded hands, compared to its average volume of 1,250,695. Sun Life Financial Inc has a one year low of C$43.51 and a one year high of C$53.75.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, November 29th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Tuesday, November 28th. Sun Life Financial’s payout ratio is presently 39.49%.

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Several equities research analysts have weighed in on the stock. National Bank Financial lifted their price target on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Royal Bank Of Canada lifted their price target on shares of Sun Life Financial from C$51.00 to C$53.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Scotiabank lifted their price target on shares of Sun Life Financial from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a research note on Friday, August 11th. TD Securities lifted their price target on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the company a “hold” rating in a research note on Thursday, November 9th. Finally, CSFB lifted their price target on shares of Sun Life Financial from C$52.00 to C$54.00 in a research note on Wednesday, November 1st. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$54.17.

About Sun Life Financial

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

Insider Buying and Selling by Quarter for Sun Life Financial (TSE:SLF)

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