E-L Financial (TSE:ELF) Insider E-L Financial Corporation Limited Buys 8,000 Shares of Stock

Key Points

• E-L Financial insider E-L Financial Corporation Limited bought 8,000 shares at an average C$16.88, investing C$135,040 and increasing its ownership by 8.57% to 101,400 shares.
• The insider made multiple purchases in late July, including more than 28,000 shares from July 22–31, signaling sustained buying activity.
• E-L Financial shares fell 0.6% to C$16.89, while the company reported C$0.09 quarterly EPS and paid a quarterly dividend of C$0.04, equivalent to a 0.9% yield.

E-L Financial Co. Limited (TSE:ELF - Get Free Report) insider E-L Financial Corporation Limited acquired 8,000 shares of the business's stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average cost of C$16.88 per share, for a total transaction of C$135,040.00. Following the completion of the acquisition, the insider owned 101,400 shares of the company's stock, valued at C$1,711,632. This trade represents a 8.57% 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 bought 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 shares were bought at an average cost 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 stock was bought at an average price of C$16.99 per share, for a total transaction of C$33,980.00.
• On Monday, July 27th, E-L Financial Corporation Limited acquired 1,300 shares of E-L Financial stock. The shares were bought at an average price of C$16.96 per share, with a total value of C$22,048.00.
• On Tuesday, July 28th, E-L Financial Corporation Limited acquired 200 shares of E-L Financial stock. The shares were bought at an average cost of C$16.94 per share, for a total transaction 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 bought at an average price of C$16.96 per share, for a total transaction of C$40,704.00.
• On Friday, July 31st, E-L Financial Corporation Limited bought 7,400 shares of E-L Financial stock. The stock was purchased at an average price of C$16.85 per share, with a total value of C$124,690.00.
• On Wednesday, May 27th, E-L Financial Corporation Limited purchased 6,400 shares of E-L Financial stock. The stock was purchased 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 acquired 1,200 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$20,352.00.
• On Friday, May 29th, E-L Financial Corporation Limited bought 5,700 shares of E-L Financial stock. The shares were purchased at an average cost of C$17.02 per share, with a total value of C$97,014.00.

E-L Financial Stock Down 0.6%

ELF traded down C$0.10 during trading on Thursday, hitting C$16.89. The stock had a trading volume of 19,329 shares, compared to its average volume of 53,315. The stock has a 50 day simple moving average of C$16.94 and a two-hundred day simple moving average of C$16.90. The company has a debt-to-equity ratio of 6.83, a quick ratio of 2.70 and a current ratio of 1.41. E-L Financial Co. Limited has a twelve month low of C$14.31 and a twelve month high of C$18.97. The company has a market capitalization of C$5.85 billion, a PE ratio of 5.13 and a beta of 1.37.

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

E-L Financial Cuts Dividend

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

About E-L Financial

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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