Economy

Reinsurance Group of America, I (NYSE:RGA) Trading Volume Significantly Lower

Teachers Retirement System of The State of Kentucky dropped its stake in stocks of Reinsurance Group of America, (NYSE:RGA) by 7.7% in the Fiscal Q2, based on the latest 13F document with the Security and Exchange Commission. The value of the total investment in Reinsurance Group of America, I decreased from $41,820,000 to $36,685,000 a change of $5,135,000 quarter to quarter. The value of the company's investment in Reinsurance Group of America, I increased from $1,396,000 to $1,694,000,000 a change of 121,246.7% since the last quarter. Accern also gave headlines about the insurance provider an impact score of 47.0815389582967 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. Stanley Laman Group grew its holdings in stocks of Reinsurance Group of America, by 0.9% through out the 2nd period. World Asset Management has an ownership of 4,439 stocks of the insurance provider's shares valued $570,000 following purchasing an extra 19 shares through out the quarter. Renaissance Ltd Llc has 0.01% invested in Reinsurance Group of America Inc (NYSE:RGA). Ltd. now owns 8,599 shares of the insurance provider's stock worth $1,092,000 after purchasing an additional 39 shares during the period. Advisor Partners LLC grew its holdings in shares of Reinsurance Group of America, by 1.5% during the 2nd quarter.

As of quarter end Janus Capital Management LLC had bought a total of 383,300 shares growing its stake by 564.5%. Cantab Capital Partners Llp owns 13,191 shares with a value of $1,694,000,000. The dividend payment was $0.410 per share for the quarter which is $1.64 annualized. Stanley Laman Group Ltd. now owns 5,630 shares of the insurance provider's stock worth $723,000 after purchasing an additional 50 shares during the period.

A number of analysts have recently issued reports on the company. Research Firm Zacks boosted Reinsurance Group of America, from a "hold" recommendation to a "buy" recommendation and fixed a $157.00 PT for the company in a note on Tue, Aug 1st. Reinsurance Group of America, presently has a consensus rating of "Hold" and a consensus price objective of $128.13. The stock of Reinsurance Group of America Inc (NYSE:RGA) earned "Hold" rating by RBC Capital Markets on Friday, July 28. (TSE:SMF), 2 have Buy rating, 0 Sell and 2 Hold. About shares traded. Reinsurance Group of America Inc (NYSE:RGA) has risen 30.37% since October 6, 2016 and is uptrending. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and global copyright & trademark law. The correct version of this news story can be viewed at https://www.truebluetribune.com/2017/10/06/teachers-retirement-system-of-the-state-of-kentucky-decreases-stake-in-reinsurance-group-of-america-incorporated-rga.html. John P. Jr Laughlin, EVP disclosed the sale of 1,941 shares of (RGA). The stock was sold at an average price of $139.69, for a total value of $1,047,675.00. Neemeh now owns $5,244,756 of the stock per the Form 4 SEC filing.

In other news, Director Christine Rose Detrick sold 750 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold on August 15th for an average price of $140.77. The disclosure for this sale can be found here. Insiders own 1.47% of the company's stock.

British Columbia Investment Management Corp increased its stake in Reinsurance Group of America Inc (NYSE:RGA) by 144.5% during the first quarter, Holdings Channel reports. The company's stock had a trading volume of 7,520 shares.

Shares last traded at $141.50 just above the 50 day moving average which is $136.00 and which is marginally higher than the 200 day moving average of $130.81. The firm has a market cap of $8.07 billion, a price-to-earnings ratio of 10.59 and a beta of 0.97.

Reinsurance Group of America (NYSE:RGA) last posted its quarterly earnings data on Thursday, April 27th. Life reinsurance primarily refers to reinsurance of individual or group-issued term, whole life, universal life, and joint and last survivor insurance policies. During the same quarter a year ago, the business earned $1.85 earnings per share.

Regentatlantic Capital Llc increased Reinsurance Group Amer Inc (RGA) stake by 6.94% reported in 2017Q2 SEC filing. The business 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 firm posted $2.80 EPS. During the same quarter in the previous year, the firm posted $2.80 EPS.

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. Its geographic-based operations are further segmented into traditional and financial solutions businesses.



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