Olympia Financial Group (TSE:OLY) Director Sells C$20,850.00 in Stock

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 200 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of C$104.25, for a total transaction of C$20,850.00. Following the completion of the transaction, the director owned 800 shares in the company, valued at approximately C$83,400. The trade was a 20.00% decrease in their ownership of the stock.

Brian Ross Newman also recently made the following trade(s):

• On Wednesday, August 19th, Brian Ross Newman sold 500 shares of Olympia Financial Group stock. The shares were sold at an average price of C$103.50, for a total value of C$51,750.00.
• On Thursday, August 20th, Brian Ross Newman sold 300 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.00, for a total value of C$31,200.00.

Olympia Financial Group Stock Performance

TSE OLY traded down C$1.67 during trading on Friday, hitting C$100.83. 2,272 shares of the company’s stock traded hands, compared to its average volume of 2,360. The business has a 50 day moving average of C$104.77 and a 200-day moving average of C$113.35. The stock has a market capitalization of C$242.60 million, a price-to-earnings ratio of 13.27 and a beta of -0.00. Olympia Financial Group Inc. has a 12-month low of C$98.00 and a 12-month high of C$133.60. The company has a debt-to-equity ratio of 22.31, a quick ratio of 1.59 and a current ratio of 57.49.

Olympia Financial Group Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 31st will be paid a dividend of $0.50 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Thursday, August 20th. Olympia Financial Group’s payout ratio is presently 92.11%.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$158.24 target price on shares of Olympia Financial Group and gave the stock a “buy” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$158.24.

Olympia Financial Group Company Profile

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.