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 on Tuesday, November 19th. The shares were sold at an average price of C$49.50, for a total transaction 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 shares were sold at an average price of C$44.72, for a total value of C$1,135,888.00.

Great-West Lifeco Stock Performance

Shares of TSE:GWO traded up C$0.39 on Tuesday, hitting C$49.56. The company had a trading volume of 6,581,997 shares, compared to its average volume of 2,636,000. The stock has a market cap of C$46.20 billion, a price-to-earnings ratio of 12.35, a P/E/G ratio of 2.26 and a beta of 0.84. The stock has a 50 day moving average price of C$46.72 and a 200 day moving average price of C$43.31. Great-West Lifeco Inc. has a 1-year low of C$38.44 and a 1-year 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.

Great-West Lifeco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 3rd will be paid a $0.555 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $2.22 dividend on an annualized basis and a yield of 4.48%. Great-West Lifeco’s dividend payout ratio (DPR) is currently 55.78%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on GWO shares. Scotiabank raised their price target on 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. Jefferies Financial Group raised their target price on shares of Great-West Lifeco from C$42.00 to C$48.00 and gave the company a “hold” rating in a research note on Wednesday, October 16th. Barclays upped their price target on shares of Great-West Lifeco from C$43.00 to C$45.00 in a research report on Friday, November 8th. Royal Bank of Canada lifted their price objective on shares of Great-West Lifeco from C$47.00 to C$51.00 in a research report on Friday, November 8th. Finally, CIBC boosted their price objective on shares of Great-West Lifeco from C$51.00 to C$55.00 in a research note on Friday, November 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Great-West Lifeco has an average rating of “Hold” and a consensus target price 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.