great-west lifeco
Toronto symbol GWO, is Canada’s largest insurance company. It also provides retirement planning and wealth management services.
GREAT-WEST LIFECO $36.60 (Toronto symbol GWO; Shares outstanding: 993.2 million; Market cap: $36.4 billion; TSINetwork Rating: Above Average; Yield: 3.8%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. The company also offers mutual funds and wealth management services. Power Financial owns 67.2% of Great-West. In the past few years, the insurer has expanded its presence in Ireland. In July 2013, it paid $1.75 billion for Irish Life, that country’s largest pension manager and life insurance provider. Irish Life has now announced two purchases: it is buying Aviva Health, and increasing its stake in GloHealth from 49% to 100%....
GREAT-WEST LIFECO $36.60 (Toronto symbol GWO; Shares outstanding: 993.2 million; Market cap: $36.4 billion; TSINetwork Rating: Above Average; Yield: 3.8%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. The company also offers mutual funds and wealth management services. Power Financial owns 67.2% of Great-West. In the past few years, the insurer has expanded its presence in Ireland. In July 2013, it paid $1.75 billion for Irish Life, that country’s largest pension manager and life insurance provider. Irish Life has now announced two purchases: it is buying Aviva Health, and increasing its stake in GloHealth from 49% to 100%....
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 993.2 million; Market cap: $34.8 billion; Priceto- sales ratio: 1.0; Dividend Yield: 3.9%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). In the past few years, the company has expanded its presence in Ireland. In July 2013, it paid $1.75 billion for Irish Life, Ireland’s largest pension manager and life insurance provider. Irish Life recently announced two small acquisitions: it is buying Aviva Health, and increasing its stake in GloHealth from 49% to 100%. The company did not say how much it will pay, but these purchases will let it sell health insurance products to its Irish clients....
CAE INC. $15 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 269.9 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.0%; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators and operator of pilot-training schools in over 30 countries. The company recently won several contracts for flight simulators and related equipment from military clients in Canada, the U.S., the U.K. and Australia. In all, these deals are worth $175 million, or 7% of the company’s $2.4 billion of annual revenue. CAE’s military businesses supply 35% of its sales. That cuts its reliance on cyclical commercial airlines....
GREAT-WEST LIFECO $35.17 (Toronto symbol GWO; Shares outstanding: 993.4 million; Market cap: $35.0 billion; TSINetwork Rating: Above Average; Yield: 3.9%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. It also offers mutual funds and wealth management. Power Financial owns 67.2% of Great-West. In the three months ended December 31, 2015, Great-West’s earnings rose 4.5%, to $0.69 a share from $0.66 a year earlier. As of December 31, 2015, the company had $1.2 trillion of assets under administration, up 14.0% from a year ago....
GREAT-WEST LIFECO $35.17 (Toronto symbol GWO; Shares outstanding: 993.4 million; Market cap: $35.0 billion; TSINetwork Rating: Above Average; Yield: 3.9%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. It also offers mutual funds and wealth management. Power Financial owns 67.2% of Great-West. In the three months ended December 31, 2015, Great-West’s earnings rose 4.5%, to $0.69 a share from $0.66 a year earlier. As of December 31, 2015, the company had $1.2 trillion of assets under administration, up 14.0% from a year ago....
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 993.4 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.0; Dividend Yield: 3.9%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds, retirement planning and wealth management. Power Financial (Toronto symbol PWF) owns 71.4% of Great-West. As of December 31, 2015, the company had $1.2 trillion of assets under administration, up 14.0% from a year earlier. Great-West gets 43% of its earnings from Canada, where it operates under well-known labels Great-West Life, Canada Life and Freedom 55. The European division (42% of earnings) mainly sells group insurance and annuity products in the U.K., Ireland and Germany....
We continue to recommend that Canada’s big five banks make up the bulk of the Finance portion of your portfolio. Investors should also diversify their Finance holdings with high-quality non-bank stocks, such as the three we analyze below. GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 993.4 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.0; Dividend Yield: 3.9%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds, retirement planning and wealth management. Power Financial (Toronto symbol PWF) owns 71.4% of Great-West....
GREAT-WEST LIFECO $34.22 (Toronto symbol GWO; Shares outstanding: 993.4 million; Market cap: $34.5 billion; TSINetwork Rating: Above Average; Yield: 3.8%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. It also offers mutual funds and wealth management. Power Financial owns 67.2% of Great-West. In the three months ended September 30, 2015, Great-West’s earnings rose 4.3%, to $0.72 a share from $0.69 a year earlier. The company continues to benefit from two recent acquisitions. In 2013, it paid $1.75 billion for Irish Life, Ireland’s largest pension manager and life insurance provider. In 2015, it paid an undisclosed sum for the Irish operations of Legal & General Group plc, which provides investment and taxplanning services to wealthy individuals....
GREAT-WEST LIFECO $34.22 (Toronto symbol GWO; Shares outstanding: 993.4 million; Market cap: $34.5 billion; TSINetwork Rating: Above Average; Yield: 3.8%; www.greatwestlifeco.com) is one of Canada’s largest insurance firms. It also offers mutual funds and wealth management. Power Financial owns 67.2% of Great-West. In the three months ended September 30, 2015, Great-West’s earnings rose 4.3%, to $0.72 a share from $0.69 a year earlier. The company continues to benefit from two recent acquisitions. In 2013, it paid $1.75 billion for Irish Life, Ireland’s largest pension manager and life insurance provider. In 2015, it paid an undisclosed sum for the Irish operations of Legal & General Group plc, which provides investment and taxplanning services to wealthy individuals....