Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Denis Ricard acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, December 4th. The stock was acquired at an average price of C$47.20 per share, for a total transaction of C$94,400.00.

Denis Ricard also recently made the following trade(s):

  • On Thursday, December 6th, Denis Ricard acquired 2,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was acquired at an average price of C$46.50 per share, for a total transaction of C$93,000.00.
  • On Thursday, November 15th, Denis Ricard acquired 4,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was acquired at an average price of C$48.40 per share, for a total transaction of C$193,600.00.
  • On Thursday, September 13th, Denis Ricard acquired 2,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was acquired at an average price of C$51.80 per share, for a total transaction of C$103,600.00.

TSE IAG opened at C$45.12 on Friday. Industrial Alliance Insur. & Fin. Ser. has a twelve month low of C$44.58 and a twelve month high of C$62.01. The company has a quick ratio of 0.31, a current ratio of 0.54 and a debt-to-equity ratio of 39.21.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) last released its quarterly earnings results on Wednesday, November 7th. The company reported C$1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$1.40 by C$0.10. The firm had revenue of C$1.98 billion for the quarter. Equities analysts forecast that Industrial Alliance Insur. & Fin. Ser. will post 4.46999988111702 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 17th. Shareholders of record on Monday, December 17th will be given a dividend of $0.415 per share. The ex-dividend date is Tuesday, November 20th. This represents a $1.66 dividend on an annualized basis and a yield of 3.68%. Industrial Alliance Insur. & Fin. Ser.’s payout ratio is 30.33%.

IAG has been the topic of a number of recent analyst reports. Desjardins lowered their price objective on Industrial Alliance Insur. & Fin. Ser. from C$60.00 to C$57.00 in a research report on Tuesday, October 16th. CIBC set a C$61.00 price objective on Industrial Alliance Insur. & Fin. Ser. in a research report on Monday, October 29th. Royal Bank of Canada upgraded Industrial Alliance Insur. & Fin. Ser. from a “sector perform” rating to an “outperform” rating and set a C$66.00 price objective on the stock in a research report on Friday, November 9th. Finally, National Bank Financial lowered their price objective on Industrial Alliance Insur. & Fin. Ser. from C$62.00 to C$58.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 8th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of C$61.63.

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About Industrial Alliance Insur. & Fin. Ser.

Industrial Alliance Insurance and Financial Services Inc, doing business as, iA Financial Group, primarily provides various life and health insurance products in Canada. The company operates through four segments: Individual Insurance, Individual Wealth Management, Group Insurance, and Group Savings and Retirement.

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Insider Buying and Selling by Quarter for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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