E-L Financial (TSE:ELF) Insider E-L Financial Corporation Limited Acquires 7,400 Shares

Key Points

• E-L Financial Corporation Limited acquired 7,400 shares of E-L Financial on July 31 at an average C$16.85 per share, investing C$124,690 and increasing its direct ownership to 7,400 shares.
• The insider has made multiple purchases in recent weeks, including more than 29,000 shares from July 22–30, signaling sustained buying activity.
• E-L Financial shares recently traded at C$16.89, with a C$5.85 billion market capitalization and a 0.9% dividend yield; the company reported C$0.09 quarterly EPS and C$524 million in revenue.

E-L Financial Co. Limited (TSE:ELF - Get Free Report) insider E-L Financial Corporation Limited bought 7,400 shares of the business's stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of C$16.85 per share, for a total transaction of C$124,690.00. Following the acquisition, the insider directly owned 7,400 shares of the company's stock, valued at C$124,690. The trade was a ∞ increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Wednesday, July 22nd, E-L Financial Corporation Limited acquired 7,600 shares of E-L Financial stock. The shares were bought at an average price of C$16.94 per share, with a total value of C$128,744.00.
• On Thursday, July 23rd, E-L Financial Corporation Limited bought 8,000 shares of E-L Financial stock. The stock was bought at an average price of C$16.82 per share, for a total transaction of C$134,560.00.
• On Friday, July 24th, E-L Financial Corporation Limited purchased 2,000 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.99 per share, with a total value of C$33,980.00.
• On Monday, July 27th, E-L Financial Corporation Limited acquired 1,300 shares of E-L Financial stock. The stock was purchased at an average cost of C$16.96 per share, for a total transaction of C$22,048.00.
• On Tuesday, July 28th, E-L Financial Corporation Limited bought 200 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.94 per share, with a total value of C$3,388.00.
• On Wednesday, July 29th, E-L Financial Corporation Limited bought 2,400 shares of E-L Financial stock. The stock was purchased at an average price of C$16.96 per share, with a total value of C$40,704.00.
• On Thursday, July 30th, E-L Financial Corporation Limited purchased 8,000 shares of E-L Financial stock. The shares were acquired at an average cost of C$16.88 per share, for a total transaction of C$135,040.00.
• On Wednesday, May 27th, E-L Financial Corporation Limited bought 6,400 shares of E-L Financial stock. The stock was acquired at an average price of C$17.11 per share, for a total transaction of C$109,504.00.
• On Thursday, May 28th, E-L Financial Corporation Limited bought 1,200 shares of E-L Financial stock. The shares were purchased at an average cost of C$16.96 per share, for a total transaction of C$20,352.00.
• On Friday, May 29th, E-L Financial Corporation Limited bought 5,700 shares of E-L Financial stock. The stock was purchased at an average price of C$17.02 per share, with a total value of C$97,014.00.

E-L Financial Price Performance

TSE ELF traded down C$0.10 on Thursday, reaching C$16.89. 19,329 shares of the stock traded hands, compared to its average volume of 53,315. E-L Financial Co. Limited has a 12 month low of C$14.31 and a 12 month high of C$18.97. The company has a market cap of C$5.85 billion, a price-to-earnings ratio of 5.13 and a beta of 1.37. The firm's fifty day simple moving average is C$16.94 and its 200 day simple moving average is C$16.90. The company has a quick ratio of 2.70, a current ratio of 1.41 and a debt-to-equity ratio of 6.83.

E-L Financial (TSE:ELF - Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The insurance provider reported C$0.09 EPS for the quarter. The company had revenue of C$524.00 million for the quarter. E-L Financial had a return on equity of 13.43% and a net margin of 43.93%. As a group, research analysts predict that E-L Financial Co. Limited will post 0.25 EPS for the current fiscal year.

E-L Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Friday, July 17th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.16 annualized dividend and a dividend yield of 0.9%. E-L Financial's dividend payout ratio (DPR) is 4.86%.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.

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