NYSE:SLF - Free Report ) TSE: SLF during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 35,400 shares of the financial services provider's stock, valued at approximately $1,836,000. Sun Life Financial accounts for about 2.3% of AJOVista LLC's holdings, making the stock its 7th largest position.
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Several other hedge funds have also recently bought and sold shares of SLF. Natixis Advisors L.P. lifted its position in Sun Life Financial by 8.3% in the 4th quarter. Natixis Advisors L.P. now owns 33,997 shares of the financial services provider's stock worth $1,763,000 after buying an additional 2,593 shares in the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of Sun Life Financial by 9.9% in the fourth quarter. First Trust Direct Indexing L.P. now owns 7,733 shares of the financial services provider's stock worth $401,000 after acquiring an additional 697 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Sun Life Financial by 7.6% during the fourth quarter. Van ECK Associates Corp now owns 68,945 shares of the financial services provider's stock worth $3,578,000 after acquiring an additional 4,889 shares in the last quarter. Intrust Bank NA boosted its position in Sun Life Financial by 5.4% during the fourth quarter. Intrust Bank NA now owns 4,450 shares of the financial services provider's stock valued at $231,000 after purchasing an additional 226 shares during the last quarter. Finally, Intact Investment Management Inc. grew its stake in Sun Life Financial by 23.4% in the fourth quarter. Intact Investment Management Inc. now owns 1,323,050 shares of the financial services provider's stock valued at $68,619,000 after purchasing an additional 250,740 shares in the last quarter. 52.26% of the stock is owned by hedge funds and other institutional investors.
Sun Life Financial Stock Up 0.8 % Shares of SLF traded up $0.42 during mid-day trading on Friday, hitting $52.48. 387,697 shares of the company's stock were exchanged, compared to its average volume of 574,018. The stock has a market cap of $30.57 billion, a price-to-earnings ratio of 13.53, a P/E/G ratio of 1.30 and a beta of 1.00. The firm has a fifty day moving average of $53.17 and a two-hundred day moving average of $51.48. Sun Life Financial Inc. has a twelve month low of $44.57 and a twelve month high of $55.46.
Sun Life Financial (NYSE:SLF - Get Free Report ) TSE: SLF last issued its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.06. Sun Life Financial had a net margin of 7.79% and a return on equity of 17.30%. The firm had revenue of $13.73 billion during the quarter. On average, equities analysts predict that Sun Life Financial Inc. will post 5.03 earnings per share for the current year.
Sun Life Financial Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.581 per share. This is a positive change from Sun Life Financial's previous quarterly dividend of $0.56. The ex-dividend date was Tuesday, February 27th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 4.43%. Sun Life Financial's dividend payout ratio is currently 59.79%.
Analysts Set New Price Targets Separately, Jefferies Financial Group assumed coverage on Sun Life Financial in a report on Thursday, February 22nd. They set a "buy" rating for the company.
Get Our Latest Stock Analysis on SLF
About Sun Life Financial (
Free Report )
Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.
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