Reinsurance Group of America, I (RGA) Position Decreased by Burney Co

Postado Agosto 13, 2017

Reinsurance Group of America, Incorporated (NYSE:RGA) EVP Alain Neemeh sold 7,500 shares of Reinsurance Group of America, stock in a transaction that occurred on Monday, August 7th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $125.89.

Several research firms have recently issued reports on RGA. Reinsurance Group of America, now has a consensus rating of "Hold" and a consensus target price of $125.89.

De Burlo Group Inc increased Reinsurance Group Of America (RGA) stake by 104.65% reported in 2016Q4 SEC filing. Finally, Wells Fargo & Company reiterated a "hold" rating on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Royal Bank Of Canada set a $134.00 target price on shares of Reinsurance Group of America, and gave the stock a "hold" rating in a research report on Friday, July 28th. Jefferies Group LLC cut their target price on shares of Reinsurance Group of America, from $80.00 to $77.00 and set a "hold" rating for the company in a research note on Monday, May 1st. If you are viewing this piece of content on another site, it was stolen and reposted in violation of U.S. and global copyright law. 304,588 shares of the company's stock traded hands. The shares were purchased at an average cost of $127.39 per share, with a total value of $63,695.00. Following the sale, the director now directly owns 4,682 shares of the company's stock, valued at approximately $653,139. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy T. Matson bought 500 shares of the business's stock in a transaction dated Wednesday, June 21st. During the same period past year, the company posted $2.80 earnings per share. The disclosure for this purchase can be found here. Insiders have sold 12,589 shares of company stock valued at $1,761,582 in the last quarter.

Other institutional investors also recently made changes to their positions in the company.

Waddell & Reed Financial Inc increased Target Corp (NYSE:TGT) stake by 34,700 shares to 1.09 million valued at $79.08 million in 2016Q4. Aviance Capital Partners LLC now owns 5,830 shares of the insurance provider's stock valued at $748,000 after buying an additional 159 shares in the last quarter. BlackRock Inc. raised its stake in shares of Reinsurance Group of America, by 3,630.1% in the first quarter. Vanguard Group Inc. increased its stake in Reinsurance Group of America, by 3.2% in the first quarter. Israel Discount Bank of NY bought a new stake in shares of Reinsurance Group of America, during the first quarter valued at approximately $125,000. Bronfman E.L. Rothschild L.P. now owns 1,319 shares of the insurance provider's stock worth $167,000 after buying an additional 86 shares in the last quarter. James Investment Research Inc. purchased a new position in Reinsurance Group of America, during the first quarter valued at $143,000. The institutional investor owned 3,122 shares of the insurance provider's stock after selling 2,378 shares during the period. Quadrature Capital Ltd bought a new stake in shares of Reinsurance Group of America, during the fourth quarter valued at approximately $269,000. Stifel Financial Corp now owns 7,532 shares of the insurance provider's stock valued at $962,000 after buying an additional 4,297 shares during the period.

In the market the company is trading down from yesterday's close of $138.87. Kanaly accumulated 25 shares or 0% of the stock. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 11.77 and a beta of 0.83. Reinsurance Group of America, has a one year low of $100.41 and a one year high of $141.89. Aberdeen Asset Mgmt Public Ltd Uk invested 0% of its portfolio in Reinsurance Group of America Inc (NYSE:RGA). During the same period a year ago, the business earned $2.80 EPS. Earnest Prns Ltd Com has invested 1.48% of its portfolio in Reinsurance Group of America Inc (NYSE:RGA). The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. During the same quarter in the prior year, the business posted $2.80 EPS. Creative Planning increased its position in Reinsurance Group of America, by 3.2% in the first quarter. As of the last earnings report the EPS was $11.74 and is projected to be $10.21 for the current year with 64,491,000 shares now outstanding. Reinsurance Group of America, I recently declared a dividend for shareholders which will be paid on Tuesday the 29th of August 2017. This represents a $2.00 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date will be Friday August 4th, 2017. Acrospire Investment Management LLC raised its stake in shares of Reinsurance Group of America, by 66.7% in the second quarter. Reinsurance Group of America had 19 analyst reports since November 17, 2015 according to SRatingsIntel.

$381,655 worth of Reinsurance Group of America Inc (NYSE:RGA) was sold by LARSON TODD C on Thursday, February 16. The Firm provides traditional life and health reinsurance and financial solutions with activities in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including US and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other.