Dodridge Denton Miller Sells 50,000 Shares of Sagicor Financial Company Ltd. (TSE:SFC) Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Dodridge Denton Miller sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of C$7.86, for a total value of C$392,940.00.

Dodridge Denton Miller also recently made the following trade(s):

• On Monday, March 24th, Dodridge Denton Miller sold 183,400 shares of Sagicor Financial stock. The shares were sold at an average price of C$7.85, for a total value of C$1,439,745.02.

Sagicor Financial Stock Up 1.3 %

TSE SFC traded up C$0.10 during trading hours on Thursday, reaching C$7.89. The company’s stock had a trading volume of 204,041 shares, compared to its average volume of 52,521. Sagicor Financial Company Ltd. has a 1 year low of C$5.40 and a 1 year high of C$8.40. The company has a market capitalization of C$751.00 million, a price-to-earnings ratio of 1.50 and a beta of 0.20. The firm’s 50-day moving average price is C$7.47 and its 200-day moving average price is C$6.60.

Wall Street Analysts Forecast Growth

SFC has been the subject of a number of recent research reports. Acumen Capital boosted their price objective on Sagicor Financial from C$10.25 to C$11.00 and gave the company a “buy” rating in a research note on Monday, March 17th. Scotiabank lifted their price target on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday, March 17th. Royal Bank of Canada reduced their price objective on shares of Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research note on Monday, March 17th. Finally, National Bankshares lifted their target price on shares of Sagicor Financial from C$9.50 to C$11.00 and gave the company an “outperform” rating in a research note on Monday, March 17th.

About Sagicor Financial

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.