Genworth MI Canada Inc (MIC) Director Stuart Kendrick Levings Sells 15,200 Shares of Stock

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Genworth MI Canada Inc (TSE:MIC) Director Stuart Kendrick Levings sold 15,200 shares of Genworth MI Canada stock in a transaction on Monday, November 5th. The shares were sold at an average price of C$44.50, for a total transaction of C$676,400.00.

Genworth MI Canada stock opened at C$44.73 on Wednesday. Genworth MI Canada Inc has a 1 year low of C$38.00 and a 1 year high of C$46.75.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 29th. Shareholders of record on Monday, November 12th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend is Thursday, November 8th. This is a boost from Genworth MI Canada’s previous quarterly dividend of $0.47.

A number of research firms recently issued reports on MIC. BMO Capital Markets lifted their price target on shares of Genworth MI Canada from C$51.00 to C$52.00 and gave the company an “outperform” rating in a research note on Thursday, November 1st. Royal Bank of Canada lifted their price target on shares of Genworth MI Canada from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 31st. TD Securities raised shares of Genworth MI Canada from a “hold” rating to a “buy” rating and dropped their price target for the company from C$47.00 to C$43.00 in a research note on Wednesday, October 31st. CIBC dropped their price target on shares of Genworth MI Canada from C$48.50 to C$45.00 in a research note on Tuesday, October 23rd. Finally, National Bank Financial lifted their price target on shares of Genworth MI Canada from C$50.00 to C$51.00 and gave the company a “c$45.25” rating in a research note on Monday, July 23rd. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Genworth MI Canada currently has an average rating of “Buy” and a consensus price target of C$47.00.

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

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