Great-West Lifeco Inc. (TSE:GWO) Director Edmund Francis Murphy Sells 15,000 Shares

Great-West Lifeco Inc. (TSE:GWO) Director Edmund Francis Murphy sold 15,000 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of C$52.31, for a total value of C$784,695.00.

Great-West Lifeco Trading Down 0.4 %

Shares of GWO stock traded down C$0.20 during trading hours on Tuesday, hitting C$51.15. 42,648 shares of the company were exchanged, compared to its average volume of 1,777,017. The firm has a fifty day moving average of C$47.37 and a 200 day moving average of C$46.16. The company has a quick ratio of 22.18, a current ratio of 37.46 and a debt-to-equity ratio of 29.61. Great-West Lifeco Inc. has a 1 year low of C$38.44 and a 1 year high of C$52.48. The firm has a market cap of C$47.68 billion, a PE ratio of 12.85, a PEG ratio of 2.26 and a beta of 0.84.

Great-West Lifeco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.22 annualized dividend and a dividend yield of 4.34%. Great-West Lifeco’s dividend payout ratio is presently 55.78%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on GWO shares. CIBC upgraded Great-West Lifeco from a “neutral” rating to an “outperform” rating and lifted their target price for the company from C$56.00 to C$60.00 in a research note on Friday. Desjardins increased their price target on Great-West Lifeco from C$49.00 to C$53.00 and gave the stock a “hold” rating in a report on Friday. Cibc World Mkts raised Great-West Lifeco from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 6th. Jefferies Financial Group lifted their price objective on 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. Finally, Scotiabank lifted their price objective on Great-West Lifeco from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of C$52.22.

About Great-West Lifeco

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.