Fundamental Research Reiterates C$135.19 Price Target for Olympia Financial Group (TSE:OLY)

Fundamental Research set a C$135.19 target price on Olympia Financial Group (TSE:OLY) in a report released on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the health services provider’s stock.

Olympia Financial Group Price Performance

Shares of OLY stock opened at C$100.90 on Tuesday. Olympia Financial Group has a 52 week low of C$89.00 and a 52 week high of C$122.35. The stock has a market capitalization of C$243.17 million, a PE ratio of 10.55 and a beta of 0.27. The company has a debt-to-equity ratio of 11.29, a quick ratio of 1.59 and a current ratio of 2.56. The stock’s fifty day moving average is C$100.03 and its 200-day moving average is C$100.64.

Olympia Financial Group Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be paid a $0.60 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date is Wednesday, November 20th. Olympia Financial Group’s dividend payout ratio is presently 75.95%.

Insider Buying and Selling

In related news, Senior Officer Neil Robert Mccullagh sold 1,384 shares of Olympia Financial Group stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of C$96.44, for a total transaction of C$133,477.11. 34.63% of the stock is currently owned by corporate insiders.

Olympia Financial Group Company Profile

Olympia Financial Group Inc, through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through Investment Account Services, Currency and Global Payments, Private Health Services Plan, Exempt Edge, and Corporate and Shareholder Services divisions.