Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) Director Dean Connor sold 50,042 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of C$50.37, for a total transaction of C$2,520,615.54.

Shares of Sun Life Financial Inc (SLF) traded up C$0.20 during midday trading on Tuesday, hitting C$50.79. 825,120 shares of the stock traded hands, compared to its average volume of 1,247,829. Sun Life Financial Inc has a 1-year low of C$43.51 and a 1-year high of C$53.75.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, November 29th will be given a $0.02 dividend. The ex-dividend date is Tuesday, November 28th. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. Sun Life Financial’s dividend payout ratio (DPR) is 39.49%.

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Several research analysts recently issued reports on SLF shares. National Bank Financial raised their target price on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. TD Securities raised their target price on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the stock a “hold” rating in a report on Thursday, November 9th. CSFB raised their target price on shares of Sun Life Financial from C$52.00 to C$54.00 in a report on Wednesday, November 1st. Scotiabank raised their target price on shares of Sun Life Financial from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a report on Friday, August 11th. Finally, Royal Bank Of Canada raised their target price on shares of Sun Life Financial from C$53.00 to C$56.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$54.17.

About Sun Life Financial

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

Insider Buying and Selling by Quarter for Sun Life Financial (TSE:SLF)

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