Sagicor Financial Company Ltd. (TSE:SFC) Director Sells C$392,940.00 in Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Dodridge Denton Miller sold 50,000 shares of the stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of C$7.86, for a total value of C$392,940.00.

Dodridge Denton Miller also recently made the following trade(s):

• On Monday, March 24th, Dodridge Denton Miller sold 183,400 shares of Sagicor Financial stock. The shares were sold at an average price of C$7.85, for a total value of C$1,439,745.02.

Sagicor Financial Price Performance

Shares of SFC stock opened at C$7.94 on Friday. The company has a fifty day moving average price of C$7.53 and a two-hundred day moving average price of C$6.63. Sagicor Financial Company Ltd. has a one year low of C$5.40 and a one year high of C$8.40. The stock has a market cap of C$755.76 million, a P/E ratio of 1.50 and a beta of 0.20.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SFC shares. Royal Bank of Canada lowered their price objective on shares of Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a report on Monday, March 17th. Scotiabank lifted their price target on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a research note on Monday, March 17th. National Bankshares increased their price objective on shares of Sagicor Financial from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a research note on Monday, March 17th. Finally, Acumen Capital lifted their target price on Sagicor Financial from C$10.25 to C$11.00 and gave the company a “buy” rating in a research report on Monday, March 17th.

About Sagicor Financial

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.