Arnaud Vial Sells 5,000 Shares of Power Co. of Canada (POW) Stock

Power Co. of Canada (TSE:POW) insider Arnaud Vial sold 5,000 shares of the business’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of C$32.40, for a total value of C$162,000.00.

Arnaud Vial also recently made the following trade(s):

  • On Tuesday, December 19th, Arnaud Vial sold 10,000 shares of Power Co. of Canada stock. The stock was sold at an average price of C$33.00, for a total value of C$330,000.00.
  • On Tuesday, December 5th, Arnaud Vial sold 2,500 shares of Power Co. of Canada stock. The stock was sold at an average price of C$32.80, for a total value of C$82,000.00.

Power Co. of Canada (TSE POW) traded down C$0.14 during trading hours on Thursday, reaching C$31.82. The company’s stock had a trading volume of 468,033 shares, compared to its average volume of 648,236. Power Co. of Canada has a 12 month low of C$28.40 and a 12 month high of C$33.69. The stock has a market capitalization of $13,230.00, a P/E ratio of 9.64 and a beta of 0.65.

Power Co. of Canada (TSE:POW) last posted its quarterly earnings data on Friday, November 10th. The financial services provider reported C$1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.65 by C$0.37. Power Co. of Canada had a return on equity of 14.16% and a net margin of 8.38%.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were issued a $0.3585 dividend. The ex-dividend date was Thursday, December 7th. This represents a $1.43 annualized dividend and a dividend yield of 4.51%. Power Co. of Canada’s dividend payout ratio is presently 42.03%.

A number of research firms have commented on POW. BMO Capital Markets lifted their target price on Power Co. of Canada from C$35.00 to C$36.00 in a research report on Monday, November 13th. Barclays lifted their target price on Power Co. of Canada from C$33.00 to C$35.00 in a research report on Tuesday, November 7th. Desjardins lifted their target price on Power Co. of Canada from C$34.00 to C$35.00 in a research report on Monday, December 4th. Finally, Royal Bank of Canada lifted their target price on Power Co. of Canada from C$34.00 to C$36.00 and gave the company a “sector perform” rating in a research report on Monday, November 13th.

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About Power Co. of Canada

Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc (Lifeco), IGM Financial Inc (IGM) and Pargesa Holding SA (Pargesa).

Insider Buying and Selling by Quarter for Power Co. of Canada (TSE:POW)

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