Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) Director Dean Connor sold 50,042 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of C$50.37, for a total transaction of C$2,520,615.54.
Shares of Sun Life Financial Inc (TSE SLF) traded up C$0.22 on Friday, reaching C$52.43. The company had a trading volume of 847,132 shares, compared to its average volume of 1,231,710. Sun Life Financial Inc has a 52-week low of C$43.51 and a 52-week high of C$53.25.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, November 29th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.15%. The ex-dividend date of this dividend is Tuesday, November 28th. Sun Life Financial’s dividend payout ratio is currently 39.49%.
A number of equities analysts have recently weighed in on SLF shares. Royal Bank Of Canada upped their price target on shares of Sun Life Financial from C$53.00 to C$56.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. CSFB upped 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. National Bank Financial increased their price objective 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. TD Securities increased their price objective 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, Scotiabank increased their price objective 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. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$54.17.
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Sun Life Financial Company Profile
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.
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