Are Analysts Bearish Reinsurance Group of America, Incorporated (NYSE:RGA) After Last Week?

July 16, 2018 - By Victoria Pittman

Reinsurance Group of America, Incorporated (NYSE:RGA) LogoInvestors sentiment decreased to 0.97 in 2018 Q1. Its down 0.19, from 1.16 in 2017Q4. It is negative, as 24 investors sold Reinsurance Group of America, Incorporated shares while 162 reduced holdings. 53 funds opened positions while 128 raised stakes. 56.76 million shares or 1.67% less from 57.73 million shares in 2017Q4 were reported.
Fuller & Thaler Asset Mngmt Incorporated owns 0% invested in Reinsurance Group of America, Incorporated (NYSE:RGA) for 700 shares. Andra Ap reported 55,700 shares stake. Destination Wealth Mgmt holds 0% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA) for 162 shares. Huntington Bank reported 524 shares. 8,660 were accumulated by Susquehanna Int Gru Ltd Liability Partnership. Benjamin F Edwards accumulated 153 shares. Great West Life Assurance Commerce Can owns 65,470 shares or 0.02% of their US portfolio. Kbc Grp Incorporated Nv holds 0.01% in Reinsurance Group of America, Incorporated (NYSE:RGA) or 5,334 shares. Bbva Compass Bankshares Incorporated invested in 10,431 shares or 0.1% of the stock. Strs Ohio has 759 shares for 0% of their portfolio. Sg Americas Lc has invested 0.02% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA). 17 are held by Mufg Americas Corp. Jpmorgan Chase Communication has 429,610 shares. Prudential invested in 0.09% or 379,138 shares. Gulf Interest Savings Bank (Uk) Ltd holds 19,901 shares or 0.04% of its portfolio.

Since February 16, 2018, it had 1 buy, and 3 selling transactions for $922,603 activity. EASON J CLIFF sold $451,172 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) on Wednesday, May 23. On Tuesday, May 1 the insider MATSON – TIMOTHY T bought $44,745. The insider Boot Arnoud W.A. sold $62,104.

Reinsurance Group of America, Incorporated (NYSE:RGA) Ratings Coverage

Among 3 analysts covering Reinsurance Group (NYSE:RGA), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Reinsurance Group had 5 analyst reports since March 2, 2018 according to SRatingsIntel. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, July 11 report. Morgan Stanley maintained it with “Underweight” rating and $135 target in Thursday, April 5 report. The firm has “Neutral” rating by Credit Suisse given on Wednesday, June 27. Below is a list of Reinsurance Group of America, Incorporated (NYSE:RGA) latest ratings and price target changes.

11/07/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $132 New Target: $131 Maintain
27/06/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $164 New Target: $155 Maintain
25/04/2018 Broker: Credit Suisse Rating: Neutral New Target: $164 Initiates Coverage On
05/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $138 New Target: $135 Maintain
02/03/2018 Broker: UBS Rating: Neutral New Target: $168 Initiates Coverage On

The stock increased 0.81% or $1.11 during the last trading session, reaching $137.51. About 121,001 shares traded. Reinsurance Group of America, Incorporated (NYSE:RGA) has risen 19.99% since July 16, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Reinsurance Group of America, Incorporated engages in reinsurance business. The company has market cap of $8.87 billion. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. It has a 4.96 P/E ratio. The firm also provides reinsurance for mortality, morbidity, and lapse risk associated with products; and reinsurance for investment-related risks, as well as develops and markets technology solutions for the insurance industry.

More news for Reinsurance Group of America, Incorporated (NYSE:RGA) were recently published by: Twst.com, which released: “Reinsurance Group of America Inc.: Reinsurance Group of America Announces Second-Quarter Earnings Release …” on June 28, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for Winnebago Industries, SkyWest, Brightcove, Selective Insurance Group …” and published on June 20, 2018 is yet another important article.

Reinsurance Group of America, Incorporated (NYSE:RGA) Institutional Positions Chart

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