Traders sold shares of Reinsurance Group of America, Incorporated (NYSE:RGA) on strength during trading hours on Tuesday following insider selling activity. $9.72 million flowed into the stock on the tick-up and $24.12 million flowed out of the stock on the tick-down, for a money net flow of $14.40 million out of the stock. Of all equities tracked, Reinsurance Group of America, had the 0th highest net out-flow for the day. Reinsurance Group of America, traded up $0.16 for the day and closed at $151.04Specifically, EVP John P. Laughlin, Jr. sold 1,941 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $140.77, for a total transaction of $273,234.57. Following the completion of the transaction, the executive vice president now directly owns 28,218 shares in the company, valued at $3,972,247.86. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Alan C. Henderson sold 440 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $139.87, for a total value of $61,542.80. Following the transaction, the director now owns 20,418 shares of the company’s stock, valued at $2,855,865.66. The disclosure for this sale can be found here. In the last three months, insiders sold 4,040 shares of company stock valued at $583,258. 1.76% of the stock is currently owned by company insiders.

A number of brokerages recently commented on RGA. Royal Bank Of Canada upped their target price on Reinsurance Group of America, and gave the company a “market perform” rating in a research note on Monday, October 30th. Wells Fargo & Company restated a “hold” rating and issued a $131.00 target price on shares of Reinsurance Group of America, in a research note on Thursday, October 26th. Goldman Sachs Group, Inc. (The) initiated coverage on Reinsurance Group of America, in a research note on Wednesday, October 18th. They set a “buy” rating and a $153.00 price objective for the company. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $137.00 price objective on shares of Reinsurance Group of America, in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded Reinsurance Group of America, from a “hold” rating to a “buy” rating and set a $157.00 target price on the stock in a report on Tuesday, August 1st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $133.88.

The company has a market cap of $9,720.00, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 1.51 and a beta of 0.80. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.11 and a current ratio of 0.11.

Reinsurance Group of America, (NYSE:RGA) last released its quarterly earnings results on Thursday, October 26th. The insurance provider reported $3.44 EPS for the quarter, topping the Zacks’ consensus estimate of $2.62 by $0.82. Reinsurance Group of America, had a return on equity of 9.32% and a net margin of 6.44%. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same quarter last year, the firm posted $2.46 earnings per share. Reinsurance Group of America,’s revenue was up 8.4% compared to the same quarter last year. equities research analysts expect that Reinsurance Group of America, Incorporated will post 11.07 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Investors of record on Tuesday, November 7th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Monday, November 6th. Reinsurance Group of America,’s dividend payout ratio is presently 16.47%.

A number of institutional investors have recently made changes to their positions in RGA. Janus Henderson Group PLC raised its position in Reinsurance Group of America, by 9,358.1% in the 2nd quarter. Janus Henderson Group PLC now owns 550,935 shares of the insurance provider’s stock valued at $70,734,000 after buying an additional 545,110 shares during the last quarter. AJO LP grew its stake in Reinsurance Group of America, by 30.2% in the second quarter. AJO LP now owns 1,748,038 shares of the insurance provider’s stock valued at $224,431,000 after purchasing an additional 405,008 shares in the last quarter. Harbour Capital Advisors LLC boosted its stake in shares of Reinsurance Group of America, by 12,739.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 243,941 shares of the insurance provider’s stock worth $1,900,000 after acquiring an additional 242,041 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of Reinsurance Group of America, by 383.4% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 270,749 shares of the insurance provider’s stock worth $37,778,000 after acquiring an additional 214,738 shares during the period. Finally, Balyasny Asset Management LLC boosted its stake in shares of Reinsurance Group of America, by 1,577.6% during the 2nd quarter. Balyasny Asset Management LLC now owns 192,355 shares of the insurance provider’s stock worth $24,696,000 after acquiring an additional 180,889 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

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Reinsurance Group of America, Company Profile

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including U.S.

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