Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Michel Tremblay sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of C$59.60, for a total value of C$596,000.00.

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

  • On Wednesday, August 23rd, Michel Tremblay acquired 1,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was acquired at an average price of C$22.90 per share, with a total value of C$22,900.00.
  • On Tuesday, August 22nd, Michel Tremblay purchased 1,500 shares of Industrial Alliance Insur. & Fin. Ser. stock. The shares were purchased at an average price of C$22.91 per share, for a total transaction of C$34,365.00.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) traded down C$0.61 during trading on Friday, hitting C$59.99. 154,027 shares of the stock traded hands, compared to its average volume of 194,126. Industrial Alliance Insur. & Fin. Ser. has a twelve month low of C$48.74 and a twelve month high of C$61.73.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a $0.38 dividend. The ex-dividend date is Wednesday, November 22nd. This is a boost from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.53%. Industrial Alliance Insur. & Fin. Ser.’s dividend payout ratio (DPR) is 27.08%.

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Several equities analysts have issued reports on the company. TD Securities raised their price objective on Industrial Alliance Insur. & Fin. Ser. from C$66.00 to C$68.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Royal Bank Of Canada lifted their price target on shares of Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a research report on Friday, August 4th. BMO Capital Markets reduced their price target on shares of Industrial Alliance Insur. & Fin. Ser. to C$66.00 and set an “outperform” rating for the company in a research report on Thursday, November 9th. National Bank Financial lifted their price objective on Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$64.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research note on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of C$63.22.

Industrial Alliance Insur. & Fin. Ser. Company Profile

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

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