Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) Director Yvon Charest purchased 1,200 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The stock was bought at an average price of C$52.46 per share, for a total transaction of C$62,952.00.

Yvon Charest also recently made the following trade(s):

  • On Tuesday, September 5th, Yvon Charest purchased 2,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was bought at an average price of C$52.90 per share, for a total transaction of C$105,800.00.

Industrial Alliance Insur. & Fin. Ser. (TSE IAG) traded down 0.68% during mid-day trading on Thursday, reaching $52.24. The company had a trading volume of 129,748 shares. The stock has a 50 day moving average price of $55.12 and a 200-day moving average price of $55.26. Industrial Alliance Insur. & Fin. Ser. has a 12-month low of $45.32 and a 12-month high of $59.41. The stock has a market capitalization of $5.56 billion and a P/E ratio of 10.27.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be issued a dividend of $0.35 per share. The ex-dividend date is Wednesday, August 23rd. This is a boost from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23. This represents a $1.40 annualized dividend and a yield of 2.68%.

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A number of brokerages recently commented on IAG. Royal Bank Of Canada raised their price target on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the stock a “sector perform” rating in a research report on Friday, August 4th. Scotiabank upgraded Industrial Alliance Insur. & Fin. Ser. from an “underperform” rating to a “sector perform” rating in a research report on Thursday, May 11th. TD Securities upgraded Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, ValuEngine cut Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$59.11.

About Industrial Alliance Insur. & Fin. Ser.

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

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