Winsor James Macdonell Sells 8,000 Shares of Genworth MI Canada Inc (MIC) Stock

Genworth MI Canada Inc (TSE:MIC) insider Winsor James Macdonell sold 8,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of C$37.00, for a total value of C$296,000.00.

Winsor James Macdonell also recently made the following trade(s):

  • On Wednesday, August 9th, Winsor James Macdonell sold 8,400 shares of Genworth MI Canada stock. The stock was sold at an average price of C$38.00, for a total value of C$319,200.00.

Genworth MI Canada Inc (MIC) traded up 2.28% during midday trading on Tuesday, hitting $37.30. The company had a trading volume of 209,711 shares. Genworth MI Canada Inc has a 12-month low of $27.39 and a 12-month high of $40.00. The company’s 50 day moving average is $36.19 and its 200 day moving average is $35.35. The stock has a market cap of $3.43 billion and a price-to-earnings ratio of 6.94.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Wednesday, August 30th were issued a dividend of $0.44 per share. The ex-dividend date was Friday, August 11th. This represents a $1.76 annualized dividend and a yield of 4.83%.

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MIC has been the subject of a number of analyst reports. CIBC increased their target price on Genworth MI Canada from C$43.00 to C$45.00 in a research note on Thursday, August 3rd. TD Securities increased their target price on Genworth MI Canada from C$43.00 to C$44.00 and gave the stock a “buy” rating in a research note on Thursday, August 3rd. BMO Capital Markets reissued an “outperform” rating and set a C$43.00 target price on shares of Genworth MI Canada in a research note on Thursday, August 3rd. Scotiabank upped their price target on Genworth MI Canada from C$37.00 to C$39.00 and gave the stock a “sector perform” rating in a report on Thursday, August 3rd. Finally, National Bank Financial upped their price target on Genworth MI Canada from C$37.00 to C$40.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$41.83.

About Genworth MI Canada

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

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