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 business’s stock in a transaction that occurred on 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 Up 1.7 %

Shares of GWO stock opened at C$52.03 on Thursday. The stock has a market cap of C$48.50 billion, a P/E ratio of 13.07, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84. Great-West Lifeco Inc. has a 1 year low of C$38.44 and a 1 year high of C$52.48. 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 50 day simple moving average of C$47.39 and a 200 day simple moving average of C$46.24.

Great-West Lifeco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.555 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $2.22 dividend on an annualized basis and a dividend yield of 4.27%. Great-West Lifeco’s payout ratio is 55.78%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GWO shares. Royal Bank of Canada upped their price objective on shares of Great-West Lifeco from C$51.00 to C$53.00 and gave the company a “sector perform” rating in a report on Friday, February 7th. Barclays upped their price target on shares of Great-West Lifeco from C$45.00 to C$46.00 in a research note on Monday, January 6th. Jefferies Financial Group raised their price objective on shares of 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. Scotiabank upped their target price on Great-West Lifeco from C$59.00 to C$60.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Finally, Cibc World Mkts raised Great-West Lifeco from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average 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.