Ronald Blue & Co. LLC Has $294,000 Position in Sun Life Financial Inc (SLF)

Ronald Blue & Co. LLC cut its position in shares of Sun Life Financial Inc (NYSE:SLF) (TSE:SLF) by 2.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,054 shares of the financial services provider’s stock after selling 194 shares during the period. Ronald Blue & Co. LLC’s holdings in Sun Life Financial were worth $294,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SLF. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Sun Life Financial by 0.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,587 shares of the financial services provider’s stock worth $131,000 after buying an additional 17 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in shares of Sun Life Financial by 2.9% in the third quarter. Riverhead Capital Management LLC now owns 3,600 shares of the financial services provider’s stock worth $117,000 after buying an additional 102 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Sun Life Financial by 1.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 9,589 shares of the financial services provider’s stock worth $368,000 after buying an additional 102 shares during the last quarter. Pegasus Partners Ltd. boosted its stake in shares of Sun Life Financial by 0.6% in the first quarter. Pegasus Partners Ltd. now owns 36,754 shares of the financial services provider’s stock worth $1,343,000 after buying an additional 208 shares during the last quarter. Finally, Wetherby Asset Management Inc. boosted its stake in shares of Sun Life Financial by 4.0% in the fourth quarter. Wetherby Asset Management Inc. now owns 6,960 shares of the financial services provider’s stock worth $267,000 after buying an additional 268 shares during the last quarter. 44.41% of the stock is currently owned by hedge funds and other institutional investors.

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

Sun Life Financial Inc (NYSE:SLF) traded up 1.37% during midday trading on Friday, hitting $33.19. 398,651 shares of the company’s stock traded hands. Sun Life Financial Inc has a 52 week low of $30.38 and a 52 week high of $40.57. The company has a 50 day moving average of $35.14 and a 200-day moving average of $37.24. The company has a market capitalization of $20.37 billion, a PE ratio of 11.17 and a beta of 1.14.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st will be given a $0.3164 dividend. This represents a $1.27 annualized dividend and a yield of 3.87%. The ex-dividend date is Friday, May 26th. Sun Life Financial’s dividend payout ratio (DPR) is presently 44.48%.

TRADEMARK VIOLATION NOTICE: “Ronald Blue & Co. LLC Has $294,000 Position in Sun Life Financial Inc (SLF)” was reported by Mideast Time and is the property of of Mideast Time. If you are reading this report on another website, it was copied illegally and reposted in violation of US and international copyright legislation. The correct version of this report can be accessed at https://www.mideasttime.com/ronald-blue-co-llc-has-294000-position-in-sun-life-financial-inc-slf/1708801.html.

A number of equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Sun Life Financial from a “sell” rating to a “hold” rating in a research note on Friday. National Bank Financial reissued an “outperform overweight” rating on shares of Sun Life Financial in a research note on Tuesday, May 9th. Credit Suisse Group AG cut shares of Sun Life Financial from an “outperform” rating to a “neutral” rating in a research note on Wednesday, May 10th. Royal Bank of Canada cut shares of Sun Life Financial from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $53.00 to $51.00 in a research note on Friday, February 17th. Finally, Scotiabank cut shares of Sun Life Financial from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, February 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $45.43.

About Sun Life Financial

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

12 Month Chart for NYSE:SLF

Want to see what other hedge funds are holding SLF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sun Life Financial Inc (NYSE:SLF) (TSE:SLF).

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



Leave a Reply

 
© 2006-2017 Mideast Time.