Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Renée Laflamme sold 5,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$53.04, for a total value of C$265,200.00.

Industrial Alliance Insur. & Fin. Ser. (IAG) traded up 0.09% during midday trading on Friday, hitting $53.04. The company had a trading volume of 37,633 shares. The stock has a market cap of $5.65 billion and a PE ratio of 10.43. Industrial Alliance Insur. & Fin. Ser. has a 52-week low of $46.66 and a 52-week high of $59.41. The stock’s 50-day moving average price is $54.39 and its 200-day moving average price is $55.09.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a dividend of $0.35 per share. This is an increase from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23. This represents a $1.40 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Wednesday, August 23rd.

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A number of equities analysts have commented on the company. Royal Bank Of Canada increased their target price on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a report on Friday, August 4th. Scotiabank reissued a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a report on Thursday, August 3rd. Finally, TD Securities raised Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Industrial Alliance Insur. & Fin. Ser. currently has an average rating of “Hold” and an average 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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