Economy

Sun Life Financial Inc. (SLF) Shares Bought by Advisor Group Inc

(NYSE:SLF) (TSE:SLF) by 20.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. Jones Collombin Investment Counsel Inc now owns 2,826 shares of the financial services provider's stock worth $101,000 after purchasing an additional 475 shares during the last quarter. Commerzbank Aktiengesellschaft FI's holdings in Sun Life Financial were worth $757,000 at the end of the most recent quarter. The total value of its holdings increased 98,414.9%. Next Financial Group, Inc divested its ownership by selling 150 shares a decrease of 2.6% in the quarter. Riverhead Capital Management LLC boosted its stake in shares of Sun Life Financial by 2.9% in the third quarter. The firm earned "Overweight" rating on Monday, March 7 by Barclays Capital. Beutel Goodman & Co Ltd. raised its position in Sun Life Financial by 50.7% during the 2nd quarter. Next Financial Group, Inc owns 5,580 shares valued at $199,000,000.

Several analysts recently weighed in on the company.

Sun Life Financial Inc. The stock of Sun Life Financial Inc (NYSE:SLF) has "Outperform" rating given on Friday, September 11 by RBC Capital Markets. The Company operates through five segments: Sun Life Financial Canada (SLF Canada), SLF U.S., Sun Life Financial Asset Management (SLF Asset Management), SLF Asia and Corporate.

Among 6 analysts covering Cameco (NYSE:CCJ), 2 have Buy rating, 2 Sell and 2 Hold. The firm earned "Hold" rating on Monday, July 10 by Bank of America. Argus Research downgraded the shares of SLF in report on Friday, December 23 to "Hold" rating. The stock now has a consensus rating of "Hold" and a consensus target price of $49.00.

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Analysts expect Sun Life Financial Inc (NYSE:SLF) to report $0.76 EPS on November, 8.They anticipate $0.03 EPS change or 3.80 % from last quarter's $0.79 EPS.

Sun Life Financial Inc. has a 52 week low of $32.03 and a 52 week high of $40.57. (NYSE:SLF) opened at 39.80 on Friday.

Sun Life Financial Inc. has a 50 day moving average of 38.89 and a 200 day moving average of 36.45. The firm has a market cap of $20.84 billion, a price-to-earnings ratio of 11.48 and a beta of 1.14. The stock of Sun Life Financial Inc (NYSE:SLF) has "Neutral" rating given on Wednesday, May 10 by Credit Suisse. After $0.58 actual earnings per share reported by Ally Financial Inc for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth. The firm had revenue of $8.12 billion for the quarter, compared to analysts' expectations of $7.36 billion. During the same quarter a year ago, the company earned $0.90 EPS. The company's quarterly revenue was down 14.8% compared to the same quarter a year ago. The rating was initiated by Bank of America with "Underperform" on Wednesday, August 24. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued. Investors of record on Wednesday, August 30th were paid a dividend of $0.3439 per share. This dividend amount represented a yield of $3.50. The ex-dividend date was set for Monday the 28th of August 2017. Sun Life Financial's payout ratio is now 43.85%. Also Prnewswire.com published the news titled: "Sun Life Financial takes next step in digital journey with launch of Workplace ..." on September 26, 2017. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients.



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