Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire Sells 26,400 Shares

Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire sold 26,400 shares of Great-West Lifeco stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$49.50, for a total value of C$1,306,800.00.

Charles Donald Harvey Henaire also recently made the following trade(s):

• On Wednesday, September 4th, Charles Donald Harvey Henaire sold 25,400 shares of Great-West Lifeco stock. The stock was sold at an average price of C$44.72, for a total transaction of C$1,135,888.00.

Great-West Lifeco Price Performance

Shares of Great-West Lifeco stock opened at C$49.56 on Wednesday. The business’s fifty day moving average price is C$46.82 and its 200 day moving average price is C$43.37. Great-West Lifeco Inc. has a twelve month low of C$38.44 and a twelve month high of C$49.64. The company has a current ratio of 37.46, a quick ratio of 22.18 and a debt-to-equity ratio of 29.61. The stock has a market capitalization of C$46.20 billion, a P/E ratio of 12.45, a PEG ratio of 2.26 and a beta of 0.84.

Great-West Lifeco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Tuesday, December 3rd. Great-West Lifeco’s payout ratio is currently 55.78%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Scotiabank upped their price objective on shares of Great-West Lifeco from C$44.00 to C$50.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. Barclays increased their price target on Great-West Lifeco from C$43.00 to C$45.00 in a research note on Friday, November 8th. Royal Bank of Canada lifted their price objective on Great-West Lifeco from C$47.00 to C$51.00 in a research report on Friday, November 8th. CIBC increased their target price on Great-West Lifeco from C$51.00 to C$55.00 in a research report on Friday, November 8th. Finally, Jefferies Financial Group lifted their price target on Great-West Lifeco from C$42.00 to C$48.00 and gave the company a “hold” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Great-West Lifeco currently has a consensus rating of “Hold” and a consensus price target of C$47.63.

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.