Christine Marie Moritz Sells 4,700 Shares of Great-West Lifeco Inc. (TSE:GWO) Stock

Great-West Lifeco Inc. (TSE:GWO) Director Christine Marie Moritz sold 4,700 shares of Great-West Lifeco stock in a transaction on Friday, February 7th. The stock was sold at an average price of C$52.09, for a total transaction of C$244,827.70.

Great-West Lifeco Trading Up 1.7 %

Shares of TSE:GWO opened at C$52.03 on Thursday. 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 Inc. has a 12-month low of C$38.44 and a 12-month high of C$52.48. The business has a 50 day moving average of C$47.39 and a two-hundred day moving average of C$46.24. The company has a market capitalization of C$48.50 billion, a PE ratio of 13.07, 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 was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 4.27%. The ex-dividend date was Tuesday, December 3rd. Great-West Lifeco’s dividend payout ratio is currently 55.78%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Scotiabank raised their target price on Great-West Lifeco from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. CIBC upgraded Great-West Lifeco from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from C$56.00 to C$60.00 in a research note on Friday, February 7th. TD Securities upgraded Great-West Lifeco from a “hold” rating to a “buy” rating and upped their target price for the company from C$49.00 to C$53.00 in a research report on Friday, February 7th. Royal Bank of Canada raised their price target on shares of Great-West Lifeco from C$51.00 to C$53.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. Finally, Cibc World Mkts raised shares of Great-West Lifeco from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$52.22.

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.