Brigette Elizabeth Chang Sells 39,900 Shares of CI Financial Corp. (TSE:CIX) Stock

CI Financial Corp. (TSE:CIX - Get Free Report) Director Brigette Elizabeth Chang sold 39,900 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$31.46, for a total transaction of C$1,255,433.55.

Brigette Elizabeth Chang also recently made the following trade(s):

• On Wednesday, May 28th, Brigette Elizabeth Chang sold 50,000 shares of CI Financial stock. The stock was sold at an average price of C$31.48, for a total transaction of C$1,574,020.00.
• On Friday, May 23rd, Brigette Elizabeth Chang sold 50,000 shares of CI Financial stock. The stock was sold at an average price of C$31.41, for a total transaction of C$1,570,465.00.
• On Thursday, April 17th, Brigette Elizabeth Chang sold 60,100 shares of CI Financial stock. The stock was sold at an average price of C$31.20, for a total transaction of C$1,875,120.00.
• On Tuesday, April 15th, Brigette Elizabeth Chang sold 340,000 shares of CI Financial stock. The stock was sold at an average price of C$31.20, for a total transaction of C$10,608,000.00.
• On Wednesday, April 9th, Brigette Elizabeth Chang sold 1,500 shares of CI Financial stock. The stock was sold at an average price of C$31.00, for a total transaction of C$46,500.00.

CI Financial Stock Up 0.1%

TSE:CIX traded up C$0.03 on Thursday, reaching C$31.53. 253,931 shares of the stock traded hands, compared to its average volume of 622,749. The company has a market capitalization of C$4.54 billion, a price-to-earnings ratio of -65.73, a PEG ratio of 0.04 and a beta of 1.67. The company has a current ratio of 0.32, a quick ratio of 0.17 and a debt-to-equity ratio of 506.88. CI Financial Corp. has a 12 month low of C$13.87 and a 12 month high of C$31.65. The company's fifty day simple moving average is C$31.30 and its 200 day simple moving average is C$30.94.

CI Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.54%. CI Financial's dividend payout ratio is presently -166.77%.

CI Financial Company Profile

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.