Ownership Action To Observe: Reinsurance Group Of America Inc (NYSE:RGA) Institutional Investor Sentiment Analysis

November 29, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Action To Observe: Reinsurance Group Of America Inc (NYSE:RGA) Institutional Investor Sentiment Analysis

Sentiment for Reinsurance Group Of America Inc (NYSE:RGA)

Reinsurance Group Of America Inc (NYSE:RGA) institutional sentiment decreased to 1.04 in 2016 Q2. Its down -0.04, from 1.08 in 2016Q1. The ratio dropped, as 149 institutional investors increased and started new holdings, while 138 trimmed and sold equity positions in Reinsurance Group Of America Inc. The institutional investors in our partner’s database now possess: 57.59 million shares, down from 63.05 million shares in 2016Q1. Also, the number of institutional investors holding Reinsurance Group Of America Inc in their top 10 holdings increased from 3 to 4 for an increase of 1. Sold All: 19 Reduced: 119 Increased: 117 New Position: 32.

Reinsurance Group of America, Incorporated is an insurance holding company. The company has a market cap of $7.75 billion. The Firm provides traditional and non-traditional life and health reinsurance. It has a 11.76 P/E ratio. The Firm has geographic or function divisions, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other.

About 109,564 shares traded hands. Reinsurance Group of America Inc (NYSE:RGA) has risen 25.57% since April 26, 2016 and is uptrending. It has outperformed by 20.31% the S&P500.

Analysts await Reinsurance Group of America Inc (NYSE:RGA) to report earnings on January, 26. They expect $2.50 EPS, down 11.97% or $0.34 from last year’s $2.84 per share. RGA’s profit will be $159.26 million for 12.17 P/E if the $2.50 EPS becomes a reality. After $2.46 actual EPS reported by Reinsurance Group of America Inc for the previous quarter, Wall Street now forecasts 1.63% EPS growth.

According to Zacks Investment Research, “Reinsurance Group of America, Inc. is primarily engaged in life reinsurance and international life and disability insurance on a direct and reinsurance basis. In addition, the company provides reinsurance of non-traditional business including asset-intensive products and financial reinsurance.”

Anderson Hoagland & Co holds 2.68% of its portfolio in Reinsurance Group of America Inc for 44,988 shares. Rockefeller Financial Services Inc owns 1.25 million shares or 2.41% of their US portfolio. Moreover, Rdl Financial Inc has 2.29% invested in the company for 31,956 shares. The Illinois-based Evanston Investments Inc. Dba Evanston Advisors has invested 2.1% in the stock. Hallmark Capital Management Inc, a New Jersey-based fund reported 135,315 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 6 insider sales for $6.79 million net activity.

Reinsurance Group of America Inc (NYSE:RGA) Ratings Coverage

Ratings analysis reveals 14% of Reinsurance Group of America’s analysts are positive. Out of 7 Wall Street analysts rating Reinsurance Group of America, 1 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $87 while the high is $108. The stock’s average target of $97.20 is -20.11% below today’s ($121.66) share price. RGA was included in 13 notes of analysts from November 17, 2015. The firm has “Hold” rating given on Wednesday, October 19 by Deutsche Bank. Goldman Sachs upgraded it to “Buy” rating and $108 target price in Friday, July 15 report. The firm earned “Neutral” rating on Friday, October 7 by Credit Suisse. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, April 28. Goldman Sachs initiated the shares of RGA in a report on Tuesday, November 17 with “Sell” rating. The firm has “Buy” rating by Deutsche Bank given on Tuesday, January 5. As per Tuesday, October 4, the company rating was downgraded by JP Morgan. The rating was upgraded by Goldman Sachs to “Neutral” on Wednesday, February 24. As per Wednesday, April 6, the company rating was maintained by Citigroup. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 23.

RGA Company Profile

Reinsurance Group of America, Incorporated (RGA), incorporated on December 31, 1992, is an insurance holding company. The Firm provides traditional and non-traditional life and health reinsurance. The Firm has geographic or function divisions, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. The Company’s geographic activities are further segmented into traditional and non-traditional businesses. The Company’s subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd., RGA International Reinsurance Company Limited and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance. Non-traditional reinsurance includes longevity reinsurance and asset-intensive reinsurance.

More news for Reinsurance Group of America Inc (NYSE:RGA) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Tompkins Financial, Reinsurance Group of America and …” on November 02, 2016. Nasdaq.com‘s article titled: “Reinsurance Group (RGA) Hits 52-Week High: Here’s Why” and published on November 28, 2016 is yet another important article.

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By Marie Mckinney

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