Sagicor Financial Company Ltd. (TSE:SFC) Director Sells C$1,439,745.02 in Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Dodridge Denton Miller sold 183,400 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$7.85, for a total transaction of C$1,439,745.02.

Sagicor Financial Stock Performance

Shares of SFC traded up C$0.04 during mid-day trading on Tuesday, reaching C$7.67. The company had a trading volume of 3,068 shares, compared to its average volume of 49,835. The company’s 50 day simple moving average is C$7.41 and its 200 day simple moving average is C$6.58. The company has a market capitalization of C$730.06 million, a price-to-earnings ratio of 1.45 and a beta of 0.20. Sagicor Financial Company Ltd. has a 1-year low of C$5.40 and a 1-year high of C$8.40.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SFC. National Bankshares increased their price objective on Sagicor Financial from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Monday, March 17th. Acumen Capital raised their target price on shares of Sagicor Financial from C$10.25 to C$11.00 and gave the company a “buy” rating in a report on Monday, March 17th. Royal Bank of Canada reduced their price target on shares of Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a research report on Monday, March 17th. Finally, Scotiabank boosted their price objective on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a research report on Monday, March 17th.

Sagicor Financial Company Profile

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.