Sun Life Finl INC (SLF) Market Value Rose While Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp Cut Holding by $3.32 Million

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Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp decreased its stake in Sun Life Finl Inc (SLF) by 2.64% based on its latest 2019Q2 regulatory filing with the SEC. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp sold 61,500 shares as the company’s stock rose 0.15% . The institutional investor held 2.26 million shares of the life insurance company at the end of 2019Q2, valued at $122.81 million, down from 2.33M at the end of the previous reported quarter. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp who had been investing in Sun Life Finl Inc for a number of months, seems to be less bullish one the $26.10B market cap company. The stock increased 0.59% or $0.26 during the last trading session, reaching $44.08. About 458,464 shares traded. Sun Life Financial Inc. (NYSE:SLF) has risen 1.75% since September 13, 2018 and is uptrending. It has outperformed by 1.75% the S&P500.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp, which manages about $11.02B US Long portfolio, upped its stake in Best Buy Inc (NYSE:BBY) by 45,800 shares to 114,500 shares, valued at $7.98M in 2019Q2, according to the filing. It also increased its holding in Red Hat Inc (NYSE:RHT) by 48,900 shares in the quarter, for a total of 102,000 shares, and has risen its stake in Centene Corp Del (NYSE:CNC).

Analysts await Sun Life Financial Inc. (NYSE:SLF) to report earnings on November, 6. They expect $0.98 EPS, up 6.52 % or $0.06 from last year’s $0.92 per share. SLF’s profit will be $580.15 million for 11.24 P/E if the $0.98 EPS becomes a reality. After $0.93 actual EPS reported by Sun Life Financial Inc. for the previous quarter, Wall Street now forecasts 5.38 % EPS growth.

More notable recent Sun Life Financial Inc. (NYSE:SLF) news were published by: Prnewswire.com which released: “Sun Life Announces Asia Leadership Transition – PRNewswire” on September 06, 2019, also Seekingalpha.com with their article: “Sun Life highlights digital, reaffirms medium-term goals at investor day – Seeking Alpha” published on March 26, 2019, Seekingalpha.com published: “Sun Life: Safe Dividend, Cloudy Outlook – Seeking Alpha” on May 19, 2019. More interesting news about Sun Life Financial Inc. (NYSE:SLF) were released by: Prnewswire.com and their article: “Sun Life Completes Acquisition of Majority Stake in BentallGreenOak – PRNewswire” published on July 02, 2019 as well as Fool.ca‘s news article titled: “Investing in IPOs Can Make You Rich – The Motley Fool Canada” with publication date: July 29, 2019.

Sun Life Financial Inc. (NYSE:SLF) Ratings Coverage

Among 2 analysts covering Sun Life Financial (NYSE:SLF), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Sun Life Financial has $54 highest and $4500 lowest target. $49.50’s average target is 12.30% above currents $44.08 stock price. Sun Life Financial had 6 analyst reports since March 14, 2019 according to SRatingsIntel. The stock of Sun Life Financial Inc. (NYSE:SLF) has “Sell” rating given on Thursday, March 14 by IBC. The firm has “Buy” rating given on Monday, July 1 by Argus Research.

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