Linda Kerrigan Sells 5,000 Shares of Great-West Lifeco Inc. (TSE:GWO) Stock

Great-West Lifeco Inc. (TSE:GWOGet Free Report) Senior Officer Linda Kerrigan sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$42.95, for a total transaction of C$214,750.00.

Great-West Lifeco Stock Performance

Shares of GWO opened at C$42.58 on Friday. The company’s fifty day moving average is C$43.29 and its 200-day moving average is C$41.31. Great-West Lifeco Inc. has a 12 month low of C$34.06 and a 12 month high of C$45.18. The firm has a market cap of C$39.70 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 2.26 and a beta of 0.87. The company has a quick ratio of 22.18, a current ratio of 12.42 and a debt-to-equity ratio of 32.33.

Great-West Lifeco Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th will be paid a dividend of $0.555 per share. This is a positive change from Great-West Lifeco’s previous quarterly dividend of $0.52. The ex-dividend date is Wednesday, February 28th. This represents a $2.22 annualized dividend and a dividend yield of 5.21%. Great-West Lifeco’s dividend payout ratio is 75.77%.

Analysts Set New Price Targets

Several research analysts have weighed in on GWO shares. BMO Capital Markets upped their price objective on shares of Great-West Lifeco from C$42.00 to C$44.00 and gave the company a “market perform” rating in a research note on Thursday, January 25th. National Bankshares upped their price objective on shares of Great-West Lifeco from C$40.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 23rd. CIBC upped their price objective on shares of Great-West Lifeco from C$44.00 to C$46.00 and gave the company a “neutral” rating in a research note on Friday, February 16th. Finally, Scotiabank upped their price objective on shares of Great-West Lifeco from C$42.00 to C$44.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 6th. Seven analysts have rated the stock with a hold rating, According to MarketBeat, Great-West Lifeco has a consensus rating of “Hold” and an average price target of C$42.78.

Get Our Latest Stock Analysis on GWO

About Great-West Lifeco

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Great-West Lifeco (TSE:GWO)

Receive News & Ratings for Great-West Lifeco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco and related companies with MarketBeat.com's FREE daily email newsletter.