Lowe Fs buys $52,046 stake in Sun Life Financial Inc (SLF)

Sun Life Financial Inc (SLF) : Lowe Fs scooped up 3 additional shares in Sun Life Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 1,570 shares of Sun Life Financial Inc which is valued at $52,046.Sun Life Financial Inc makes up approximately 0.03% of Lowe Fs’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management reduced its stake in SLF by selling 314,200 shares or 97.88% in the most recent quarter. The Hedge Fund company now holds 6,800 shares of SLF which is valued at $225,420. Carroll Financial Associates sold out all of its stake in SLF during the most recent quarter. The investment firm sold 702 shares of SLF which is valued $23,271.Nn Investment Partners Holdings N.v. boosted its stake in SLF in the latest quarter, The investment management firm added 3,251 additional shares and now holds a total of 43,170 shares of Sun Life Financial Inc which is valued at $1,394,823. Sun Life Financial Inc makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio.

Sun Life Financial Inc opened for trading at $32.81 and hit $33.26 on the upside on Wednesday, eventually ending the session at $33.15, with a gain of 1.10% or 0.36 points. The heightened volatility saw the trading volume jump to 3,81,994 shares. Company has a market cap of $20,310 M.

On the company’s financial health, Sun Life Financial Inc reported $0.87 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $0.90. The company had revenue of $8782.00 million for the quarter, compared to analysts expectations of $5223.57 million. The company’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

Sun Life Financial Inc. (Sun Life Financial) is a financial services organization which provides a range of protection and wealth products and services to individuals and corporate customers. The Company operates in five segments: Sun Life Financial Canada (SLF Canada) Sun Life Financial United States (SLF U.S.) MFS Investment Management (MFS) Sun Life Financial Asia (SLF Asia) and Corporate. The Company distributes its products through a variety of distribution channels including direct sales agents managing general agents independent general agents financial intermediaries broker-dealers banks pension and benefits consultants and other third-party marketing organizations. The Company operates in Canada the United States the United Kingdom Ireland Hong Kong the Philippines Japan Indonesia India China Australia Singapore Vietnam Malaysia and Bermuda.

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