Nuance Investments LLC raised its stake in shares of Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) by 30.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,334 shares of the insurance provider’s stock after purchasing an additional 11,095 shares during the quarter. Reinsurance Group of America comprises 0.9% of Nuance Investments LLC’s holdings, making the stock its 29th biggest position. Nuance Investments LLC owned approximately 0.07% of Reinsurance Group of America worth $9,094,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Millstone Evans Group LLC increased its position in shares of Reinsurance Group of America by 82.4% in the 3rd quarter. Millstone Evans Group LLC now owns 135 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Root Financial Partners LLC purchased a new stake in Reinsurance Group of America during the 3rd quarter valued at about $33,000. LRI Investments LLC increased its holdings in shares of Reinsurance Group of America by 41.2% in the third quarter. LRI Investments LLC now owns 264 shares of the insurance provider’s stock valued at $51,000 after purchasing an additional 77 shares during the period. IFP Advisors Inc raised its stake in shares of Reinsurance Group of America by 93.9% in the second quarter. IFP Advisors Inc now owns 285 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 138 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in shares of Reinsurance Group of America during the second quarter worth about $57,000. Hedge funds and other institutional investors own 95.11% of the company’s stock.
Trending Headlines about Reinsurance Group of America
Here are the key news stories impacting Reinsurance Group of America this week:
- Positive Sentiment: Q4 earnings beat — RGA reported EPS of $7.75 vs. consensus ~$5.86 and revenue of roughly $6.6B, up ~26.6% year-over-year; the results materially exceeded estimates and are the main driver of the rally. Press Release
- Positive Sentiment: Dividend confirmed — the board declared a quarterly dividend of $0.93 per share (annualized yield ~1.6%), reinforcing cash return to shareholders and supporting investor sentiment. Dividend Announcement
- Positive Sentiment: Strong full-year commentary — company materials and analyst notes flag robust underlying results for the year and favorable trends in reinsurance/investment income that supported full-year performance. TipRanks Summary
- Neutral Sentiment: Conference call / transcript available — management provided detail on drivers (business mix, investment positioning, and the Portland industrial exposure) that investors will parse for sustainability of results; read the transcript for specific management remarks. Earnings Call Transcript
- Neutral Sentiment: Analyst coverage and metric analysis — outlets (Zacks, Investing, Yahoo) highlight the beats but note metrics analysts will watch (loss reserves, investment yields, and expense trends); these analyses help set expectations for upcoming quarters. Zacks Analysis
- Negative Sentiment: Short-term liquidity and margin context — the company’s reported ratios (low current/quick ratios) and a modest net margin (~3.9%) are areas of caution for some investors concerned about balance-sheet flexibility and expense/leverage sensitivity. Company Financials Snapshot
Reinsurance Group of America Price Performance
Reinsurance Group of America (NYSE:RGA – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The insurance provider reported $7.75 EPS for the quarter, beating the consensus estimate of $5.86 by $1.89. The company had revenue of $6.64 billion for the quarter, compared to analyst estimates of $6.25 billion. Reinsurance Group of America had a return on equity of 12.99% and a net margin of 4.99%.Reinsurance Group of America’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same period last year, the company earned $4.99 earnings per share. As a group, equities analysts expect that Reinsurance Group of America, Incorporated will post 22.9 EPS for the current fiscal year.
Reinsurance Group of America Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be given a $0.93 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.72 annualized dividend and a dividend yield of 1.6%. Reinsurance Group of America’s dividend payout ratio (DPR) is 20.96%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods cut their price target on shares of Reinsurance Group of America from $255.00 to $240.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Raymond James Financial cut shares of Reinsurance Group of America from a “market perform” rating to an “underperform” rating in a report on Friday, October 17th. TD Cowen reaffirmed a “hold” rating on shares of Reinsurance Group of America in a report on Wednesday, January 28th. Barclays set a $245.00 price objective on Reinsurance Group of America and gave the company an “overweight” rating in a report on Friday. Finally, Wells Fargo & Company raised their target price on Reinsurance Group of America from $237.00 to $238.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Eight research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $243.22.
View Our Latest Stock Report on RGA
Reinsurance Group of America Company Profile
Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company’s offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.
RGA’s product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.
Featured Articles
- Five stocks we like better than Reinsurance Group of America
- The day the gold market broke
- Your Bank Account Is No Longer Safe
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Want to see what other hedge funds are holding RGA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report).
Receive News & Ratings for Reinsurance Group of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reinsurance Group of America and related companies with MarketBeat.com's FREE daily email newsletter.
