Dodridge Denton Miller Sells 183,400 Shares of Sagicor Financial Company Ltd. (TSE:SFC) Stock

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

Sagicor Financial Stock Performance

Sagicor Financial stock opened at C$7.86 on Thursday. Sagicor Financial Company Ltd. has a 52 week low of C$5.40 and a 52 week high of C$8.40. The firm has a market capitalization of C$748.14 million, a price-to-earnings ratio of 1.49 and a beta of 0.20. The company has a 50 day moving average price of C$7.47 and a 200 day moving average price of C$6.60.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Scotiabank raised their target price on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the stock an “outperform” rating in a report on Monday, March 17th. National Bankshares lifted their target price 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. Acumen Capital upped their target price on Sagicor Financial from C$10.25 to C$11.00 and gave the company a “buy” rating in a report on Monday, March 17th. Finally, Royal Bank of Canada decreased their price target on Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research 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.