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

Genworth MI Canada Inc (TSE:MIC) insider Winsor James Macdonell sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of C$37.00, for a total transaction 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 shares were sold at an average price of C$38.00, for a total transaction of C$319,200.00.

Genworth MI Canada Inc (TSE:MIC) opened at 37.30 on Wednesday. The firm has a 50 day moving average of $36.20 and a 200 day moving average of $35.36. Genworth MI Canada Inc has a one year low of $27.39 and a one year high of $40.00. The firm has a market capitalization of $3.43 billion and a PE ratio of 6.94.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders 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 4.72%.

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Several equities analysts have recently weighed in on the stock. Scotiabank raised their price objective on shares of Genworth MI Canada from C$37.00 to C$39.00 and gave the company a “sector perform” rating in a research report on Thursday, August 3rd. CIBC raised their price objective on shares of Genworth MI Canada from C$43.00 to C$45.00 in a research report on Thursday, August 3rd. TD Securities raised their price objective on shares of Genworth MI Canada from C$43.00 to C$44.00 and gave the company a “buy” rating in a research report on Thursday, August 3rd. BMO Capital Markets restated an “outperform” rating and set a C$43.00 price objective on shares of Genworth MI Canada in a research report on Thursday, August 3rd. Finally, National Bank Financial raised their price objective on shares of Genworth MI Canada from C$37.00 to C$40.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 2nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Genworth MI Canada has an average rating of “Buy” and a consensus price target of C$41.83.

About Genworth MI Canada

Genworth MI Canada Inc, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada.

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

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