1 week Ago By ABMN Staff
Orion Portfolio Solutions LLC boosted its position in shares of Sun Life Financial Inc. ( NYSE:SLF – Free Report ) (TSE:SLF) by 3.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 11,763 shares of the financial services provider’s stock after acquiring 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 SEC filing. A number of other large investors also recently modified their holdings of the company.
Human Investing LLC acquired a new position in shares of Sun Life Financial during the fourth quarter worth $26,000. Asset Planning Inc purchased a new stake in Sun Life Financial during the 4th quarter worth about $40,000. BankPlus Trust Department acquired a new position in shares of Sun Life Financial during the 4th quarter worth about $40,000.
Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Sun Life Financial in the 4th quarter valued at about $45,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Sun Life Financial during the 3rd quarter worth about $51,000.
52.26% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of brokerages recently issued reports on SLF.
Cormark raised Sun Life Financial from a “hold” rating to a “moderate buy” rating in a report on Thursday, February 13th. StockNews.com cut shares of Sun Life Financial from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th.
Finally, National Bank Financial raised shares of Sun Life Financial from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Sun Life Financial has an average rating of “Moderate Buy”.
Sun Life Financial Stock Down 6.4 % Shares of NYSE SLF opened at $54.53 on Monday.
The business has a 50-day moving average price of $56.56 and a 200 day moving average price of $58.02.
The stock has a market cap of $31.13 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 1.
52 and a beta of 1.04. Sun Life Financial Inc.
has a 52-week low of $46.41 and a 52-week 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, beating the consensus estimate of $0.
90 by $0.30. Sun Life Financial had a return on equity of 16.
86% and a net margin of 8.08%. Sell-side analysts anticipate that Sun Life Financial Inc.
will post 5.19 earnings per share for the current year. Sun Life Financial Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Wednesday, February 26th were paid a $0.5876 dividend. The ex-dividend date was Wednesday, February 26th.
This represents a $2.35 dividend on an annualized basis and a yield of 4.31%.
Sun Life Financial’s dividend payout ratio is presently 60.16%. Sun Life Financial Profile ( 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 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.
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