Fiera Capital Corp lifted its position in shares of Sun Life Financial Inc. (NYSE:SLF – Free Report) (TSE:SLF) by 3.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 850,638 shares of the financial services provider’s stock after buying an additional 24,911 shares during the quarter. Fiera Capital Corp’s holdings in Sun Life Financial were worth $41,726,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Voisard Asset Management Group Inc. bought a new stake in Sun Life Financial in the 4th quarter valued at about $26,000. Northwest Financial Advisors acquired a new stake in shares of Sun Life Financial during the 4th quarter worth $29,000. GAMMA Investing LLC raised its stake in Sun Life Financial by 6,244.4% in the second quarter. GAMMA Investing LLC now owns 571 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 562 shares in the last quarter. Private Wealth Management Group LLC acquired a new stake in Sun Life Financial during the fourth quarter worth about $41,000. Finally, Ridgewood Investments LLC bought a new position in Sun Life Financial in the 2nd quarter valued at about $39,000. Institutional investors own 52.26% of the company’s stock.
Sun Life Financial Stock Performance
Shares of SLF opened at $54.81 on Wednesday. Sun Life Financial Inc. has a 52-week low of $44.57 and a 52-week high of $55.46. The firm has a market cap of $31.66 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 1.40 and a beta of 1.00. The business’s fifty day moving average is $50.48 and its 200-day moving average is $51.45.
Sun Life Financial Cuts Dividend
Wall Street Analyst Weigh In
Separately, Argus raised shares of Sun Life Financial to a “strong-buy” rating in a report on Monday, June 3rd.
Check Out Our Latest Research Report on SLF
Sun Life Financial Profile
Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.
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