Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Michel Tremblay sold 2,000 shares of the stock in a transaction on Monday, June 11th. The shares were sold at an average price of C$53.89, for a total value of C$107,780.00.

Michel Tremblay also recently made the following trade(s):

  • On Monday, March 19th, Michel Tremblay sold 5,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The shares were sold at an average price of C$54.21, for a total value of C$271,050.00.

Industrial Alliance Insur. & Fin. Ser. opened at C$53.60 on Wednesday, according to Marketbeat. Industrial Alliance Insur. & Fin. Ser. has a 12 month low of C$50.71 and a 12 month high of C$62.01.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) last announced its earnings results on Thursday, May 10th. The company reported C$1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.21 by C$0.11. Industrial Alliance Insur. & Fin. Ser. had a return on equity of 11.25% and a net margin of 3.75%. The firm had revenue of C$2.57 billion during the quarter.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Stockholders of record on Friday, May 25th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend is Thursday, May 24th.

A number of equities research analysts recently commented on the company. Scotiabank lowered their price target on Industrial Alliance Insur. & Fin. Ser. from C$62.00 to C$60.00 and set a “sector perform” rating for the company in a research report on Friday, May 11th. TD Securities lowered their price target on Industrial Alliance Insur. & Fin. Ser. from C$67.00 to C$66.00 and set a “buy” rating for the company in a research report on Friday, May 11th. National Bank Financial reissued a “sector perform” rating and issued a C$66.00 price target on shares of Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday, March 8th. CIBC set a C$65.00 price target on Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday, March 8th. Finally, BMO Capital Markets lowered Industrial Alliance Insur. & Fin. Ser. from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$66.00 to C$63.00 in a research report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$62.88.

Industrial Alliance Insur. & Fin. Ser. Company Profile

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.

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

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