Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire Sells 28,800 Shares

Great-West Lifeco Inc. (TSE:GWO) Director Charles Donald Harvey Henaire sold 28,800 shares of Great-West Lifeco stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of C$43.00, for a total value of C$1,238,400.00.

Great-West Lifeco Trading Up 1.4 %

GWO opened at C$43.31 on Tuesday. The business has a fifty day moving average price of C$39.51 and a 200 day moving average price of C$39.12. The company has a debt-to-equity ratio of 31.18, a current ratio of 25.47 and a quick ratio of 22.18. The stock has a market capitalization of C$40.33 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 2.26 and a beta of 0.81. Great-West Lifeco Inc. has a 12 month low of C$29.58 and a 12 month high of C$43.36.

Great-West Lifeco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, November 30th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.08 annualized dividend and a yield of 4.80%. Great-West Lifeco’s dividend payout ratio (DPR) is 88.89%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on GWO shares. Desjardins cut their target price on Great-West Lifeco from C$41.00 to C$40.00 and set a “hold” rating for the company in a research note on Thursday, October 12th. Royal Bank of Canada raised their price objective on shares of Great-West Lifeco from C$40.00 to C$44.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 10th. Barclays boosted their target price on shares of Great-West Lifeco from C$40.00 to C$43.00 in a report on Thursday, August 10th. CIBC upped their price target on Great-West Lifeco from C$41.00 to C$42.00 in a research note on Thursday, August 10th. Finally, TD Securities increased their target price on shares of Great-West Lifeco from C$41.00 to C$42.00 and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$41.22.

About Great-West Lifeco

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.