Brian Ross Newman Sells 500 Shares of Olympia Financial Group (TSE:OLY) Stock

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 500 shares of Olympia Financial Group stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of C$103.50, for a total transaction of C$51,750.00. Following the completion of the sale, the director owned 300 shares of the company’s stock, valued at approximately C$31,050. The trade was a 62.50% decrease in their ownership of the stock.

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

• On Tuesday, August 18th, Brian Ross Newman sold 200 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.25, for a total value of C$20,850.00.
• On Thursday, August 20th, Brian Ross Newman sold 300 shares of Olympia Financial Group stock. The stock was sold at an average price of C$104.00, for a total value of C$31,200.00.

Olympia Financial Group Price Performance

Olympia Financial Group stock traded down C$1.67 during mid-day trading on Friday, reaching C$100.83. 2,272 shares of the company were exchanged, compared to its average volume of 2,360. The firm has a market cap of C$242.60 million, a PE ratio of 13.27 and a beta of -0.00. The company has a debt-to-equity ratio of 22.31, a current ratio of 57.49 and a quick ratio of 1.59. The company has a fifty day simple moving average of C$104.77 and a 200-day simple moving average of C$113.35. Olympia Financial Group Inc. has a 12 month low of C$98.00 and a 12 month high of C$133.60.

Olympia Financial Group Announces Dividend

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

Analyst Ratings Changes

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