Sagicor Financial Company Ltd. (TSE:SFC) Director Sells C$1,439,745.02 in Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Dodridge Denton Miller sold 183,400 shares of Sagicor Financial stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$7.85, for a total transaction of C$1,439,745.02.

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

• On Wednesday, March 26th, Dodridge Denton Miller sold 50,000 shares of Sagicor Financial stock. The stock was sold at an average price of C$7.86, for a total transaction of C$392,940.00.

Sagicor Financial Stock Performance

TSE:SFC opened at C$7.89 on Friday. Sagicor Financial Company Ltd. has a 52-week low of C$5.40 and a 52-week high of C$8.40. The stock has a fifty day moving average of C$7.50 and a 200 day moving average of C$6.61. The firm has a market capitalization of C$751.00 million, a price-to-earnings ratio of 1.50 and a beta of 0.20.

Analysts Set New Price Targets

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

Sagicor Financial Company Profile

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.