Savant Capital LLC Boosts Holdings in Manulife Financial Co. (NYSE:MFC)

Savant Capital LLC lifted its stake in Manulife Financial Co. (NYSE:MFC) (TSE:MFC) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,139 shares of the financial services provider’s stock after purchasing an additional 1,330 shares during the quarter. Savant Capital LLC’s holdings in Manulife Financial were worth $557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Crews Bank & Trust purchased a new position in shares of Manulife Financial in the 4th quarter worth about $26,000. Brooklyn Investment Group purchased a new position in shares of Manulife Financial in the 3rd quarter worth about $26,000. Capital Performance Advisors LLP bought a new stake in Manulife Financial in the 3rd quarter worth about $30,000. Fortitude Family Office LLC bought a new stake in Manulife Financial in the 3rd quarter worth about $31,000. Finally, Golden State Wealth Management LLC bought a new stake in Manulife Financial in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 52.56% of the company’s stock.

Manulife Financial Stock Performance

NYSE MFC opened at $29.67 on Monday. Manulife Financial Co. has a one year low of $22.61 and a one year high of $33.07. The stock has a 50-day moving average of $30.42 and a 200 day moving average of $29.61. The company has a market capitalization of $51.13 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.04 and a beta of 1.09.

About Manulife Financial

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks.