1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC lifted its holdings in Sun Life Financial Inc. ( NYSE:SLF – Free Report ) (TSE:SLF) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 11,763 shares of the financial services provider’s stock after buying an additional 423 shares during the period. Orion Portfolio Solutions LLC’s holdings in Sun Life Financial were worth $698,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds have also recently bought and sold shares of the business.
JPMorgan Chase & Co. lifted its stake in Sun Life Financial by 1.2% in the 3rd quarter.
JPMorgan Chase & Co. now owns 2,841,712 shares of the financial services provider’s stock worth $164,876,000 after purchasing an additional 34,072 shares in the last quarter. Principal Financial Group Inc.
boosted its stake in Sun Life Financial by 34.0% during the fourth quarter. Principal Financial Group Inc.
now owns 23,633 shares of the financial services provider’s stock worth $1,403,000 after buying an additional 6,000 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Sun Life Financial by 10.8% in the 4th quarter.
CIBC Asset Management Inc now owns 7,192,059 shares of the financial services provider’s stock valued at $427,712,000 after buying an additional 703,391 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Sun Life Financial in the 3rd quarter worth $878,000. Finally, Charles Schwab Investment Management Inc.
raised its holdings in shares of Sun Life Financial by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc.
now owns 1,596,439 shares of the financial services provider’s stock worth $94,743,000 after acquiring an additional 15,908 shares during the period. 52.26% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several equities research analysts recently issued reports on the stock. StockNews.com cut shares of Sun Life Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, February 5th.
National Bank Financial upgraded shares of Sun Life Financial from a “sector perform” rating to an “outperform” rating in a report on Wednesday, January 15th. Finally, Cormark upgraded Sun Life Financial from a “hold” rating to a “moderate buy” rating in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat.com, Sun Life Financial presently has a consensus rating of “Moderate Buy”. Sun Life Financial Price Performance NYSE SLF opened at $54.
53 on Monday. The stock has a market capitalization of $31.13 billion, a P/E ratio of 14.
20, a PEG ratio of 1.52 and a beta of 1.04.
The firm’s 50-day moving average is $56.56 and its two-hundred day moving average is $58.02.
Sun Life Financial Inc. has a 12 month low of $46.41 and a 12 month high of $62.
85. Sun Life Financial ( NYSE:SLF – Get Free Report ) (TSE:SLF) last posted its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $1.
20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.30.
Sun Life Financial had a net margin of 8.08% and a return on equity of 16.86%.
As a group, analysts anticipate that Sun Life Financial Inc. will post 5.19 EPS for the current year.
Sun Life Financial Cuts Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, February 26th were issued a $0.5876 dividend.
The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $2.35 annualized dividend and a dividend yield of 4.
31%. Sun Life Financial’s dividend payout ratio is presently 60.16%.
About Sun Life Financial ( Free Report ) 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. Featured Stories Five stocks we like better than Sun Life Financial 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? What is the S&P 500 and How It is Distinct from Other Indexes Disney 2025 Shareholders: Major Updates for Investors Earnings Per Share Calculator: How to Calculate EPS Advance Auto Parts Stock: A Classic Rebound Play in the Making Want to see what other hedge funds are holding SLF? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sun Life Financial Inc. ( NYSE:SLF – Free Report ) (TSE:SLF). Receive News & Ratings for Sun Life Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Life Financial and related companies with MarketBeat.
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