Grantham Mayo Van Otterloo & Co. LLC Has $26.75 Million Position in Sun Life Financial Inc. $SLF

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Grantham Mayo Van Otterloo & Co. LLC reduced its stake in Sun Life Financial Inc. by 6.9% in Q3, now holding 445,452 shares valued at $26.75 million. Sun Life Financial recently reported stronger-than-expected earnings of $1.41 EPS on $973.53 million in revenue and declared a quarterly dividend of $0.92, resulting in an annualized yield of 5.7%. The company currently has a consensus “Hold” rating from Wall Street analysts with an average target price of $86.50.

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