Olympia Financial Group (TSE:OLY) Director Brian Ross Newman Sells 300 Shares

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 300 shares of Olympia Financial Group stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of C$104.00, for a total transaction of C$31,200.00.

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 transaction of C$20,850.00.
• On Wednesday, August 19th, Brian Ross Newman sold 500 shares of Olympia Financial Group stock. The stock was sold at an average price of C$103.50, for a total transaction of C$51,750.00.

Olympia Financial Group Trading Down 2.4%

TSE:OLY opened at C$100.00 on Friday. Olympia Financial Group Inc. has a 12 month low of C$98.00 and a 12 month high of C$133.60. The firm has a fifty day simple moving average of C$104.71 and a 200-day simple moving average of C$113.26. The company has a current ratio of 57.49, a quick ratio of 1.59 and a debt-to-equity ratio of 22.31. The company has a market capitalization of C$240.60 million, a P/E ratio of 13.16 and a beta of -0.00.

Olympia Financial Group Announces Dividend

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

Analysts Set New Price Targets

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

About Olympia Financial Group

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”.