Winsor James Macdonell Sells 8,200 Shares of Genworth MI Canada Inc (MIC) Stock

Genworth MI Canada Inc (TSE:MIC) insider Winsor James Macdonell sold 8,200 shares of the company’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of C$45.00, for a total transaction of C$369,000.00.

Shares of MIC stock opened at C$43.95 on Friday. Genworth MI Canada Inc has a one year low of C$38.00 and a one year high of C$46.75.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 29th. Shareholders of record on Monday, November 12th will be paid a $0.51 dividend. This is an increase from Genworth MI Canada’s previous quarterly dividend of $0.47. This represents a $2.04 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend is Thursday, November 8th.

MIC has been the topic of several analyst reports. Royal Bank of Canada upped their price target on shares of Genworth MI Canada from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a report on Wednesday, October 31st. CIBC upped their price target on shares of Genworth MI Canada from C$46.00 to C$48.50 in a report on Wednesday, August 1st. National Bank Financial upped their price target on shares of Genworth MI Canada from C$50.00 to C$51.00 and gave the company a “c$45.25” rating in a report on Monday, July 23rd. TD Securities upgraded shares of Genworth MI Canada from a “hold” rating to a “buy” rating and cut their price target for the company from C$47.00 to C$43.00 in a report on Wednesday, October 31st. Finally, BMO Capital Markets upped their price target on shares of Genworth MI Canada from C$51.00 to C$52.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of C$47.00.

ILLEGAL ACTIVITY NOTICE: “Winsor James Macdonell Sells 8,200 Shares of Genworth MI Canada Inc (MIC) Stock” was published by WKRB News and is owned by of WKRB News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://www.wkrb13.com/2018/11/09/winsor-james-macdonell-sells-8200-shares-of-genworth-mi-canada-inc-mic-stock.html.

Genworth MI Canada Company Profile

See Also: What is Cost of Debt?

Insider Buying and Selling by Quarter for Genworth MI Canada (TSE:MIC)

Receive News & Ratings for Genworth MI Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genworth MI Canada and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply