Don’t Forget to Observe This Stock: Sun Life Financial Inc. (SLF), Nxt-ID (NXTD)

Sun Life Financial Inc. (SLF) Daily Performance: Sun Life Financial Inc. (SLF) stock negotiated recent volume of 394257 shares in recent trading …

Sun Life Financial Inc. (SLF) Daily Performance:

Sun Life Financial Inc. (SLF) stock negotiated recent volume of 394257 shares in recent trading session on Wednesday Dated MARCH 13, 2019. The stock average capacity of shares measured at 526.36K shares. SLF recent stock price value stands at $38.26 with moving a change 0.79%. This stock changed higher from its 52 week low with 21.50% and -13.04% negative from its 52 week high price. It has 600.52M outstanding shares and 598.12M shares have been floated in market. The stock institutional ownership counted 54.40% while insider ownership held at 0.04%.

Volatility:

Its price volatility calculated at 1.52% for the last 30 days whereas volatility for 7 days stayed as 0.95%. The stock has beta of 0.84 suggest that this stock is less risky as compared to market beta of 1. The stock’s Average True Range for 14 days was seen at 0.55.

Technical Analysis:

The price moved to 2.15% while comparing it with the average of 20 days and distanced at change of 5.80% from average of 50 days while separated at 0.48% from average of 200 days average. The stock performed with weekly change of 0.90% and it moved for the month at 9.03%. It has a RSI value of 62.18.

Nxt-ID (NXTD) Daily Change:

Nxt-ID (NXTD) stock traded 124615 shares in recent trading session on Wednesday. The stock average volume of shares counted at 253.67K shares. At the time of writing NXTD recent stock price value stands at $0.92. The stock is moving with a change 0.89%. 21.13M shares have been floated in market and 25.78M were outstanding shares. The stock institutional ownership stands with 4.20% while insider ownership held at 9.20%.

Technical Indicators:

The share price is higher to its 52 week low with 73.23% and lagging negative from its 52 week high with -66.25%. Beta factor, which is used to measure risk associated with the stock, is stands at -1.45. The volatility in the shares has experienced by 6.01% in past week and observed of 7.33% in the previous month. Now NXTD has RSI reading of 37.3. The price showed a difference of -17.95% while comparing it with the SMA 20 and distanced at gap of -14.97% from SMA 50 while moved at -29.85% from SMA 200.

Performance Observations:

The stock exposed change of -9.99% in recent week and it showed performance of -19.46% for the month. The stock has year to date performance of 35.01% and has been moved at -40.77% over the last six months and -66.86% throughout last twelve months. The stock has changed -1.50% over the last three months.

David Culbreth Category – Business

David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.

David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.

As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.

Related Posts:

  • No Related Posts

Letko Brosseau & Associates Inc. Has $283.16 Million Holdings in Sun Life Financial Inc (NYSE:SLF)

Man Group plc grew its position in Sun Life Financial by 262.6% during the 3rd quarter. Man Group plc now owns 397,843 shares of the financial …

Sun Life Financial logoLetko Brosseau & Associates Inc. boosted its position in shares of Sun Life Financial Inc (NYSE:SLF) (TSE:SLF) by 9.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,539,210 shares of the financial services provider’s stock after buying an additional 755,590 shares during the quarter. Sun Life Financial makes up about 3.1% of Letko Brosseau & Associates Inc.’s holdings, making the stock its 12th biggest holding. Letko Brosseau & Associates Inc. owned about 1.43% of Sun Life Financial worth $283,161,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Addenda Capital Inc. grew its position in shares of Sun Life Financial by 12.7% in the 4th quarter. Addenda Capital Inc. now owns 35,050 shares of the financial services provider’s stock worth $1,162,000 after buying an additional 3,950 shares during the period. Man Group plc grew its position in Sun Life Financial by 262.6% during the 3rd quarter. Man Group plc now owns 397,843 shares of the financial services provider’s stock valued at $15,816,000 after purchasing an additional 288,134 shares during the last quarter. Jane Street Group LLC purchased a new stake in Sun Life Financial during the 3rd quarter valued at about $588,000. Dimensional Fund Advisors LP grew its position in Sun Life Financial by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,588,515 shares of the financial services provider’s stock valued at $63,159,000 after purchasing an additional 8,066 shares during the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co grew its position in Sun Life Financial by 1.4% during the 4th quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 46,665 shares of the financial services provider’s stock valued at $1,549,000 after purchasing an additional 647 shares during the last quarter. Institutional investors and hedge funds own 41.07% of the company’s stock.

Several analysts recently commented on the stock. Canaccord Genuity reissued a “hold” rating on shares of Sun Life Financial in a research report on Tuesday, February 5th. Scotiabank reaffirmed a “hold” rating and set a $54.00 price target on shares of Sun Life Financial in a report on Wednesday, February 20th. Barclays reaffirmed a “buy” rating on shares of Sun Life Financial in a report on Friday, November 9th. CIBC reiterated an “average” rating and issued a $53.00 price objective on shares of Sun Life Financial in a research note on Thursday, December 20th. Finally, Zacks Investment Research reiterated a “hold” rating on shares of Sun Life Financial in a research note on Thursday, November 15th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Sun Life Financial presently has an average rating of “Hold” and a consensus price target of $52.00.

NYSE SLF opened at $37.55 on Friday. The company has a market cap of $22.47 billion, a price-to-earnings ratio of 10.01 and a beta of 0.86. Sun Life Financial Inc has a 12 month low of $31.49 and a 12 month high of $43.99.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last released its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.32. The firm had revenue of $8.18 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Sun Life Financial had a net margin of 9.71% and a return on equity of 13.83%. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 earnings per share. On average, equities analysts forecast that Sun Life Financial Inc will post 3.77 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 1st will be given a dividend of $0.381 per share. The ex-dividend date is Thursday, February 28th. This represents a $1.52 annualized dividend and a dividend yield of 4.06%. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.38. Sun Life Financial’s dividend payout ratio (DPR) is presently 40.53%.

ILLEGAL ACTIVITY WARNING: This article was originally published by Fairfield Current and is the property of of Fairfield Current. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://www.fairfieldcurrent.com/news/2019/03/09/sun-life-financial-inc-slf-shares-bought-by-letko-brosseau-associates-inc.html.

Sun Life Financial Profile

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate.

Further Reading: Can systematic risk be avoided?

Institutional Ownership by Quarter for Sun Life Financial (NYSE:SLF)

Receive News & Ratings for Sun Life Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Sun Life Financial and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Sun Life Financial Inc (NYSE:SLF) is Beutel Goodman & Co Ltd.’s 9th Largest Position

Man Group plc increased its stake in Sun Life Financial by 262.6% in the third quarter. Man Group plc now owns 397,843 shares of the financial …

Sun Life Financial logoBeutel Goodman & Co Ltd. increased its holdings in Sun Life Financial Inc (NYSE:SLF) (TSE:SLF) by 10.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,832,665 shares of the financial services provider’s stock after acquiring an additional 1,236,389 shares during the period. Sun Life Financial comprises approximately 3.6% of Beutel Goodman & Co Ltd.’s portfolio, making the stock its 9th biggest holding. Beutel Goodman & Co Ltd. owned about 2.14% of Sun Life Financial worth $42,584,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Addenda Capital Inc. raised its position in shares of Sun Life Financial by 12.7% in the fourth quarter. Addenda Capital Inc. now owns 35,050 shares of the financial services provider’s stock worth $1,162,000 after buying an additional 3,950 shares in the last quarter. Man Group plc increased its stake in Sun Life Financial by 262.6% in the third quarter. Man Group plc now owns 397,843 shares of the financial services provider’s stock valued at $15,816,000 after acquiring an additional 288,134 shares during the last quarter. Jane Street Group LLC bought a new position in Sun Life Financial in the third quarter valued at $588,000. Dimensional Fund Advisors LP increased its stake in Sun Life Financial by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,588,515 shares of the financial services provider’s stock valued at $63,159,000 after acquiring an additional 8,066 shares during the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co grew its stake in shares of Sun Life Financial by 1.4% during the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 46,665 shares of the financial services provider’s stock valued at $1,549,000 after buying an additional 647 shares during the last quarter. 41.07% of the stock is owned by institutional investors.

A number of brokerages have recently issued reports on SLF. Canaccord Genuity reaffirmed an “average” rating and set a $53.00 price objective on shares of Sun Life Financial in a research note on Friday, November 9th. Zacks Investment Research cut Sun Life Financial from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. Scotiabank reaffirmed a “hold” rating and set a $54.00 price objective on shares of Sun Life Financial in a research note on Wednesday, February 20th. CIBC reiterated an “average” rating and set a $53.00 target price on shares of Sun Life Financial in a report on Thursday, December 20th. Finally, Argus upgraded shares of Sun Life Financial from a “hold” rating to a “buy” rating in a report on Monday, December 31st. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $52.00.

Shares of SLF opened at $37.92 on Thursday. Sun Life Financial Inc has a one year low of $31.49 and a one year high of $43.99. The stock has a market capitalization of $22.81 billion, a price-to-earnings ratio of 10.11 and a beta of 0.86.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last released its earnings results on Wednesday, February 13th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.32. Sun Life Financial had a net margin of 9.71% and a return on equity of 13.83%. The firm had revenue of $8.18 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same period last year, the business earned $1.05 earnings per share. The business’s revenue was down 5.4% on a year-over-year basis. As a group, equities analysts anticipate that Sun Life Financial Inc will post 3.77 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 1st will be given a dividend of $0.381 per share. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $1.52 annualized dividend and a dividend yield of 4.02%. This is an increase from Sun Life Financial’s previous quarterly dividend of $0.38. Sun Life Financial’s dividend payout ratio (DPR) is 40.53%.

COPYRIGHT VIOLATION NOTICE: This article was first posted by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.fairfieldcurrent.com/news/2019/03/07/sun-life-financial-inc-slf-holdings-lifted-by-beutel-goodman-co-ltd.html.

About Sun Life Financial

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate.

Featured Story: What Is An Exchange-Traded Fund (ETF)?

Institutional Ownership by Quarter for Sun Life Financial (NYSE:SLF)

Receive News & Ratings for Sun Life Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Sun Life Financial and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Sun Life Financial (SLF) Holding Held by Cardinal Capital Management Inc; Qualcomm (QCOM …

Cardinal Capital Management Inc increased its stake in Sun Life Financial Inc. (SLF) by 1.46% based on its latest 2018Q3 regulatory filing with the …

Sun Life Financial Inc. (NYSE:SLF) Logo

Cardinal Capital Management Inc increased its stake in Sun Life Financial Inc. (SLF) by 1.46% based on its latest 2018Q3 regulatory filing with the SEC. Cardinal Capital Management Inc bought 18,714 shares as the company’s stock declined 12.11% with the market. The institutional investor held 1.30 million shares of the life insurance company at the end of 2018Q3, valued at $51.71M, up from 1.28M at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Sun Life Financial Inc. for a number of months, seems to be bullish on the $22.42 billion market cap company. The stock increased 0.21% or $0.08 during the last trading session, reaching $37.88. About 561,572 shares traded or 5.76% up from the average. Sun Life Financial Inc. (NYSE:SLF) has declined 16.57% since March 3, 2018 and is downtrending. It has underperformed by 16.57% the S&P500. Some Historical SLF News: 02/04/2018 – China c.bank says it raised interest rates on SLF loans in March; 08/05/2018 – SUN LIFE FINANCIAL INC – QTRLY TOTAL REVENUE $5,993 MLN VS $7,009 MLN; 03/05/2018 – Sun Life Financial Short-Interest Ratio Rises 112% to 14 Days; 27/03/2018 – Sun Life Financial’s 2017 Annual Report and 2018 Management Information Circular now available; 08/05/2018 – SUN LIFE FINANCIAL INC – QTRLY NET PREMIUMS $4,645 MLN VS $3,564 MLN; 02/04/2018 – CHINA C.BANK: LENT 21.72 BLN YUAN FOR 7-DAY PERIOD VIA SLF IN MARCH; 30/05/2018 – Moody’s Upgrades The Holding Company Preferred Share Rating Of Sun Life Financial Following A Change In Methodology; 08/05/2018 – Sun Life 1Q EPS C$1.09; 16/04/2018 – SUN LIFE ANNOUNCES DOIRE’S HIRING IN EMAILED STATEMENT; 09/05/2018 – KC Royals pitcher Brad Keller closes Sun Life Home Run to Health youth fitness program with free game tickets for kids

Tradition Capital Management Llc decreased its stake in Qualcomm Inc. (QCOM) by 62.36% based on its latest 2018Q3 regulatory filing with the SEC. Tradition Capital Management Llc sold 77,946 shares as the company’s stock declined 20.85% with the market. The institutional investor held 47,051 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $3.39M, down from 124,997 at the end of the previous reported quarter. Tradition Capital Management Llc who had been investing in Qualcomm Inc. for a number of months, seems to be less bullish one the $65.60B market cap company. The stock increased 1.52% or $0.81 during the last trading session, reaching $54.2. About 12.66M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since March 3, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 14/03/2018 – Broadcom to end bid for Qualcomm, keeps plan to move to US; 14/03/2018 – BROADCOM LTD – HAS WITHDRAWN ITS SLATE OF INDEPENDENT DIRECTOR NOMINEES FOR QUALCOMM’S 2018 ANNUAL MEETING OF STOCKHOLDER; 05/03/2018 – Romit Shah Says Time Is Up for Qualcomm (Video); 09/03/2018 – BROADCOM WRITES LETTER TO CONGRESS ON PROPOSED QUALCOMM DEAL; 12/03/2018 – CFIUS Suggests It May Soon Recommend Against Broadcom Bid for Qualcomm; 09/03/2018 – In Letter to Congress, Broadcom Pledges to Make the U.S. the Global Leader in 5G; 12/03/2018 – Trump Blocks Broadcom Acquisition Of Qualcomm — MarketWatch; 05/03/2018 – Broadcom Reiterates Qualcomm Did Not Inform Its Own Stockholders or Broadcom of Its Secret, Voluntary Unilateral Request Filed on Jan 29, 2018; 13/03/2018 – Trump blocks Broadcom’s $142bn hostile bid for Qualcomm; 21/05/2018 – QUALCOMM INC – COMMENCEMENT OF A TRANSACTION TO REPURCHASE FOUR SERIES OF ITS OUTSTANDING NOTES TOTALING $4 BLN

More notable recent Sun Life Financial Inc. (NYSE:SLF) news were published by: Benzinga.com which released: “Earnings Scheduled For February 13, 2019 – Benzinga” on February 13, 2019, also Seekingalpha.com with their article: “Manulife Financial: An Investment Solution For You – Seeking Alpha” published on February 27, 2019, Globenewswire.com published: “Analysis: Positioning to Benefit within Canopy Growth, Procter & Gamble, Hercules Capital, On Deck Capital, Ball, and Sun Life Financial — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” on February 26, 2019. More interesting news about Sun Life Financial Inc. (NYSE:SLF) were released by: Seekingalpha.com and their article: “Sun Life Financial, Inc. (SLF) CEO Dean Connor on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 08, 2018 as well as Seekingalpha.com‘s news article titled: “Sun Life Financial, Inc. (SLF) CEO Dean Connor on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: February 15, 2019.

Cardinal Capital Management Inc, which manages about $1.84 billion and $1.05B US Long portfolio, decreased its stake in Magna International Inc. (NYSE:MGA) by 269,305 shares to 606,941 shares, valued at $31.86 million in 2018Q3, according to the filing. It also reduced its holding in United Technologies Corp. (NYSE:UTX) by 3,335 shares in the quarter, leaving it with 118,095 shares, and cut its stake in Vf Corporation (NYSE:VFC).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Qualcomm: Still On The Path – Seeking Alpha” on February 13, 2019, also Nasdaq.com with their article: “Why NXP Semiconductors Shares Gained 18.8% in January – Nasdaq” published on February 11, 2019, Nasdaq.com published: “Better Buy: Skyworks Solutions vs. Qualcomm – Nasdaq” on February 14, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “PKW, ORCL, CSCO, QCOM: Large Inflows Detected at ETF – Nasdaq” published on February 20, 2019 as well as Nasdaq.com‘s news article titled: “3 Winners from Samsung’s Galaxy S10 Launch Event – Nasdaq” with publication date: February 20, 2019.

Tradition Capital Management Llc, which manages about $456.39 million and $382.73 million US Long portfolio, upped its stake in Whirlpool Corporation (NYSE:WHR) by 26,345 shares to 69,153 shares, valued at $8.21M in 2018Q3, according to the filing. It also increased its holding in Alibaba Group Holding Ltd (NYSE:BABA) by 4,235 shares in the quarter, for a total of 10,602 shares, and has risen its stake in Everest Re Group Ltd (NYSE:RE).

Since September 27, 2018, it had 0 buys, and 8 insider sales for $12.25 million activity. $2.03 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares were sold by THOMPSON JAMES H. Another trade for 6,297 shares valued at $347,746 was made by Rosenberg Donald J on Friday, November 23. AMON CRISTIANO R had sold 18,323 shares worth $1.10M.

Investors sentiment decreased to 0.77 in 2018 Q3. Its down 0.17, from 0.94 in 2018Q2. It worsened, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. Capital Fund Mgmt owns 283,025 shares for 0.11% of their portfolio. Horan Advisors Limited Liability accumulated 37,872 shares or 1.76% of the stock. Mckinley Carter Wealth Services reported 5,786 shares. The Arizona-based Dynamic Advisor Solutions Ltd has invested 0.18% in QUALCOMM Incorporated (NASDAQ:QCOM). American Money Mgmt Ltd Liability Corp holds 70,442 shares. Strategic Svcs invested 0.71% in QUALCOMM Incorporated (NASDAQ:QCOM). Tru Of Vermont has invested 0.26% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Ashfield Cap Prtn Limited Liability Company accumulated 5,463 shares or 0.04% of the stock. Country Tru Comml Bank invested in 0% or 1,148 shares. Cypress Capital Group invested in 0.04% or 2,809 shares. Commonwealth Savings Bank Of Australia has invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). Pictet North America Advsr Sa reported 5,500 shares stake. Meiji Yasuda Life Ins accumulated 24,371 shares. Parallax Volatility Advisers Ltd Partnership accumulated 249,486 shares. Philadelphia Trust reported 119,773 shares.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

Related Posts:

  • No Related Posts

Sun Life Financial Inc (SLF) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its holdings in Sun Life Financial Inc (NYSE:SLF) (TSE:SLF) by 93.6% in the third quarter, according to its …

Sun Life Financial logoRenaissance Technologies LLC lowered its holdings in Sun Life Financial Inc (NYSE:SLF) (TSE:SLF) by 93.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,100 shares of the financial services provider’s stock after selling 134,000 shares during the period. Renaissance Technologies LLC’s holdings in Sun Life Financial were worth $362,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SLF. Comerica Bank raised its holdings in Sun Life Financial by 4.2% during the third quarter. Comerica Bank now owns 43,980 shares of the financial services provider’s stock valued at $1,648,000 after buying an additional 1,771 shares in the last quarter. Riverhead Capital Management LLC raised its holdings in Sun Life Financial by 55.6% during the third quarter. Riverhead Capital Management LLC now owns 5,600 shares of the financial services provider’s stock valued at $221,000 after buying an additional 2,000 shares in the last quarter. Raymond James & Associates raised its holdings in Sun Life Financial by 34.4% during the second quarter. Raymond James & Associates now owns 7,929 shares of the financial services provider’s stock valued at $319,000 after buying an additional 2,030 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Sun Life Financial by 2.0% during the third quarter. Wells Fargo & Company MN now owns 121,512 shares of the financial services provider’s stock valued at $4,831,000 after buying an additional 2,398 shares in the last quarter. Finally, TRUE Private Wealth Advisors bought a new position in Sun Life Financial during the third quarter valued at about $114,000. Institutional investors and hedge funds own 40.70% of the company’s stock.

SLF stock opened at $37.01 on Friday. Sun Life Financial Inc has a fifty-two week low of $31.49 and a fifty-two week high of $43.99. The company has a market capitalization of $22.15 billion, a P/E ratio of 9.87 and a beta of 0.86.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last posted its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.32. Sun Life Financial had a net margin of 9.71% and a return on equity of 13.97%. The firm had revenue of $8.18 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the previous year, the company posted $1.05 EPS. Sun Life Financial’s revenue was down 5.4% on a year-over-year basis. On average, analysts expect that Sun Life Financial Inc will post 3.78 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 1st will be given a $0.381 dividend. This represents a $1.52 annualized dividend and a yield of 4.12%. The ex-dividend date is Thursday, February 28th. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.38. Sun Life Financial’s payout ratio is 40.53%.

Several brokerages have recently issued reports on SLF. Zacks Investment Research reaffirmed a “hold” rating on shares of Sun Life Financial in a research report on Thursday, November 15th. Canaccord Genuity reaffirmed an “average” rating and set a $53.00 price objective on shares of Sun Life Financial in a report on Friday, November 9th. Barclays reaffirmed a “buy” rating on shares of Sun Life Financial in a report on Friday, November 9th. Scotiabank downgraded Sun Life Financial from a “sector outperform” rating to a “sector perform” rating in a report on Wednesday, February 6th. Finally, CIBC reiterated an “average” rating and issued a $53.00 target price on shares of Sun Life Financial in a research note on Thursday, December 20th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $51.50.

WARNING: “Sun Life Financial Inc (SLF) Shares Sold by Renaissance Technologies LLC” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this article on another domain, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this article can be read at https://www.baseballdailydigest.com/news/2019/02/16/renaissance-technologies-llc-has-362000-holdings-in-sun-life-financial-inc-slf.html.

Sun Life Financial Profile

Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients, high-net-worth individuals, and families. It operates through Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate segments.

Recommended Story: Initial Public Offering (IPO)

Institutional Ownership by Quarter for Sun Life Financial (NYSE:SLF)

Receive News & Ratings for Sun Life Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Sun Life Financial and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts