Sun Life Financial Inc (NYSE:SLF).
Agf Investments Inc. reports that it raised its stake in Sun Life Financial Inc shares by 563,457 shares as of the end of the last quarter. Its stake was valued at $68,920,000 an increase of $27,172,000 as of quarter end.
Agf Investments Inc. isn’t the only one who has changed their investment in SLF. As of quarter end Aviva PLC had acquired a total of 5,100 shares growing its holdings by 1.3%. The value of the investment in SLF went from $13,726,000 to $15,540,000 a change of $1,814,000 quarter over quarter. As of the end of the quarter Agf Investments Inc. had bought 563,457 shares growing its position 48.3%. The value in dollars increased from $41,748,000 to $68,920,000 increasing 65.1% for the reporting period.
Agf Investments Inc. added to its investment by buying 563,457 shares an increase of 48.3% from 06/30/2017 to 09/30/2017. Agf Investments Inc. controls 1,730,621 shares worth $68,920,000. The value of the position overall is up by 65.1%. Dimensional Fund Advisors Lp expanded its stake by buying 47,039 shares an increase of 3.1% in the quarter. Dimensional Fund Advisors Lp now controls 1,586,703 shares valued at $63,183,000. The total value of its holdings increased 14.8%.
Raymond James & Associates augmented its ownership by buying 1,665 shares an increase of 17.2% as of 09/30/2017. Raymond James & Associates claims 11,325 shares with a value of $451,000. The value of the position overall is up by 30.7%.
Morgan Stanley raised the price target on October 5 changing the price objective from $52.00 to $53.00 and issued a “Equal Weight” rating. Equity analyst TD Securities raised the price target of the stock on August 10 changing the forecast from $50.00 to $51.00 and stated a “Hold” rating.
In the market the company is trading up from yesterday’s close of 49.54. The P/E ratio is currently 11.46 and the market value is 30.37B. As of the latest earnings report the EPS was $4.33 with 611.94M shares currently outstanding.
Investors are more bullish on the company lately if you take a look at the decrease in short interest. The stock had a fall in short interest of -10.44% between September 29, 2017 and October 13, 2017. Short interest fell 182,427 over that period. Days to cover increased from 5.0 to 7.0 and the percentage of shorted shares was 0.00% on October 13.