Great-West Lifeco Inc. (TSE:GWO) Director Richard Henry Linton Sells 35,800 Shares

Great-West Lifeco Inc. (TSE:GWO) Director Richard Henry Linton sold 35,800 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$46.27, for a total value of C$1,656,344.28.

Great-West Lifeco Stock Up 0.4 %

TSE GWO traded up C$0.20 during trading hours on Monday, reaching C$46.45. 2,384 shares of the company traded hands, compared to its average volume of 2,804,576. The company has a 50 day moving average of C$43.79 and a two-hundred day moving average of C$42.09. The stock has a market capitalization of C$43.30 billion, a PE ratio of 11.62, a PEG ratio of 2.26 and a beta of 0.84. Great-West Lifeco Inc. has a 12 month low of C$37.06 and a 12 month high of C$46.55. The company has a current ratio of 37.46, a quick ratio of 22.18 and a debt-to-equity ratio of 29.61.

Great-West Lifeco (TSE:GWO) last posted its quarterly earnings results on Tuesday, August 6th. The company reported C$1.11 EPS for the quarter, topping analysts’ consensus estimates of C$1.05 by C$0.06. Great-West Lifeco had a return on equity of 13.21% and a net margin of 11.32%. The business had revenue of C$8.61 billion during the quarter, compared to the consensus estimate of C$9.83 billion. As a group, equities analysts expect that Great-West Lifeco Inc. will post 4.4525194 earnings per share for the current year.

Great-West Lifeco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were paid a dividend of $0.555 per share. The ex-dividend date was Friday, August 30th. This represents a $2.22 annualized dividend and a yield of 4.78%. Great-West Lifeco’s payout ratio is 55.78%.

Analyst Ratings Changes

GWO has been the subject of several research reports. Royal Bank of Canada boosted their price objective on shares of Great-West Lifeco from C$45.00 to C$47.00 in a research note on Thursday, August 8th. Jefferies Financial Group decreased their price target on Great-West Lifeco from C$46.00 to C$42.00 in a report on Thursday, July 18th. TD Securities lifted their price target on shares of Great-West Lifeco from C$43.00 to C$44.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Finally, Barclays set a C$43.00 price objective on shares of Great-West Lifeco and gave the stock an “underweight” rating in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$43.78.

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.