Insider Buying: Olympia Financial Group (TSE:OLY) Insider Acquires C$58,880.00 in Stock

Olympia Financial Group Inc. (TSE:OLY) insider Neil Robert Mccullagh acquired 512 shares of the business’s stock in a transaction on Friday, February 6th. The stock was acquired at an average cost of C$115.00 per share, with a total value of C$58,880.00. Following the acquisition, the insider directly owned 4,454 shares in the company, valued at approximately C$512,210. This trade represents a 12.99% increase in their ownership of the stock.

Olympia Financial Group Stock Performance

TSE:OLY opened at C$116.00 on Monday. The stock has a fifty day moving average price of C$113.93 and a 200-day moving average price of C$119.32. Olympia Financial Group Inc. has a fifty-two week low of C$97.40 and a fifty-two week high of C$134.24. The company has a debt-to-equity ratio of 6.00, a quick ratio of 1.59 and a current ratio of 3.32. The company has a market cap of C$279.10 million, a price-to-earnings ratio of 13.00 and a beta of 0.12.

Olympia Financial Group (TSE:OLY) last announced its quarterly earnings data on Thursday, November 13th. The health services provider reported C$1.93 earnings per share (EPS) for the quarter. Olympia Financial Group had a net margin of 23.82% and a return on equity of 64.95%. The business had revenue of C$23.80 million for the quarter. As a group, equities analysts anticipate that Olympia Financial Group Inc. will post 3.06 EPS for the current fiscal year.

Olympia Financial Group Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.60 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Thursday, December 18th. Olympia Financial Group’s dividend payout ratio is presently 80.72%.

Analyst Ratings Changes

Separately, Fundamental Research set a C$166.83 price objective on shares of Olympia Financial Group and gave the company a “buy” rating in a research note on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Olympia Financial Group has an average rating of “Buy” and a consensus price target of C$166.83.

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”.