Olympia Financial Group (TSE:OLY) Director Brian Ross Newman Sells 200 Shares of Stock

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 200 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of C$104.25, for a total transaction of C$20,850.00. Following the completion of the transaction, the director owned 800 shares of the company’s stock, valued at C$83,400. This trade represents a 20.00% decrease in their ownership of the stock.

Brian Ross Newman also recently made the following trade(s):

• On Wednesday, August 19th, Brian Ross Newman sold 500 shares of Olympia Financial Group stock. The stock was sold at an average price of C$103.50, for a total transaction of C$51,750.00.
• On Thursday, August 20th, Brian Ross Newman sold 300 shares of Olympia Financial Group stock. The stock was sold at an average price of C$104.00, for a total transaction of C$31,200.00.

Olympia Financial Group Stock Performance

Shares of OLY stock opened at C$100.00 on Friday. The company has a debt-to-equity ratio of 22.31, a current ratio of 57.49 and a quick ratio of 1.59. The company’s fifty day moving average price is C$104.71 and its two-hundred day moving average price is C$113.26. The firm has a market capitalization of C$240.60 million, a P/E ratio of 13.16 and a beta of -0.00. Olympia Financial Group Inc. has a 12 month low of C$98.00 and a 12 month high of C$133.60.

Olympia Financial Group Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 31st will be paid a $0.50 dividend. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Thursday, August 20th. Olympia Financial Group’s dividend payout ratio (DPR) is 92.11%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$158.24 target price on shares of Olympia Financial Group and gave the company a “buy” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$158.24.

About Olympia Financial Group

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.