The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. The stock was purchased at an average price of $25.00 per share, with a total value of $11,000,000.00. In related news, major shareholder Life Assurance Co Of Canad Sun acquired 440,000 shares of the stock in a transaction that occurred on Thursday, September 30th. Based on data from, the company presently has a consensus rating of “Buy” and a consensus target price of $73.25. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Finally, National Bank Financial increased their price target on shares of Sun Life Financial from C$71.00 to C$73.00 and gave the company an “outperform” rating in a research note on Tuesday, October 5th. CIBC upped their price objective on shares of Sun Life Financial from C$74.00 to C$81.00 and gave the company an “outperform” rating in a research note on Friday, November 5th. Barclays reaffirmed a “sell” rating and set a C$64.00 price objective on shares of Sun Life Financial in a research note on Thursday, September 2nd. BMO Capital Markets upped their price objective on shares of Sun Life Financial from C$75.00 to C$76.00 and gave the company an “outperform” rating in a research note on Tuesday, October 5th. in a research note on Friday, November 12th. Zacks Investment Research cut shares of Sun Life Financial from a “buy” rating to a “hold” rating and set a $60.00 price objective for the company. Several brokerages recently issued reports on SLF. Hedge funds and other institutional investors own 39.72% of the company’s stock. Quadrant Capital Group LLC now owns 2,334 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 200 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in Sun Life Financial by 9.4% during the 2nd quarter. Asset Dedication LLC now owns 787 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 325 shares in the last quarter. Asset Dedication LLC grew its stake in Sun Life Financial by 70.3% during the 3rd quarter. purchased a new stake in Sun Life Financial during the 2nd quarter valued at about $35,000. Eubel Brady & Suttman Asset Management Inc. acquired a new position in shares of Sun Life Financial during the 2nd quarter worth about $33,000. acquired a new position in shares of Sun Life Financial during the 3rd quarter worth about $26,000. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The institutional investor purchased 2,793 shares of the financial services provider’s stock, valued at approximately $144,000. (NYSE:SLF) (TSE:SLF) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. purchased a new position in shares of Sun Life Financial Inc.