Stephanie Coyles Purchases 500 Shares of Sun Life Financial Inc (SLF) Stock

Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) Director Stephanie Coyles bought 500 shares of Sun Life Financial stock in a transaction that occurred on Monday, November 13th. The stock was bought at an average cost of C$49.11 per share, with a total value of C$24,555.00.

Sun Life Financial Inc (TSE:SLF) traded up C$0.29 during trading on Tuesday, hitting C$49.58. 866,112 shares of the stock were exchanged, compared to its average volume of 1,258,288. Sun Life Financial Inc has a one year low of C$43.51 and a one year high of C$53.75.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, November 29th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.16%. Sun Life Financial’s dividend payout ratio is 38.80%.

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SLF has been the subject of a number of research analyst reports. CSFB upped their target price on shares of Sun Life Financial from C$52.00 to C$54.00 in a research note on Wednesday, November 1st. TD Securities upped their target price on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the stock a “hold” rating in a research note on Thursday, November 9th. Scotiabank upped their target price on shares of Sun Life Financial from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Friday, August 11th. Royal Bank Of Canada upped their target price on shares of Sun Life Financial from C$53.00 to C$56.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, National Bank Financial upped their target price on shares of Sun Life Financial from C$52.00 to C$53.00 and gave the stock an “outperform” rating in a research note on Thursday, August 10th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of C$54.17.

Sun Life Financial Company Profile

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

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