Reinsurance Group of America, Incorporated (NYSE:RGA) Director Alan C. Henderson sold 440 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $139.87, for a total transaction of $61,542.80. Following the completion of the transaction, the director now owns 20,418 shares in the company, valued at $2,855,865.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Reinsurance Group of America, Incorporated (RGA) traded up 0.23% during trading on Tuesday, hitting $140.93. 237,104 shares of the company traded hands. Reinsurance Group of America, Incorporated has a 12-month low of $100.41 and a 12-month high of $141.89. The company has a market capitalization of $9.09 billion, a P/E ratio of 12.01 and a beta of 0.83. The stock has a 50 day moving average price of $134.00 and a 200 day moving average price of $128.65.

Reinsurance Group of America, (NYSE:RGA) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $2.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.44 by $0.51. Reinsurance Group of America, had a return on equity of 8.48% and a net margin of 6.33%. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3 billion. During the same period in the previous year, the business posted $2.80 EPS. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts anticipate that Reinsurance Group of America, Incorporated will post $10.21 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Investors of record on Tuesday, August 8th will be paid a $0.50 dividend. This is a boost from Reinsurance Group of America,’s previous quarterly dividend of $0.41. This represents a $2.00 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Friday, August 4th. Reinsurance Group of America,’s payout ratio is currently 17.02%.

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Several research firms have commented on RGA. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $137.00 price objective on shares of Reinsurance Group of America, in a report on Thursday, August 3rd. Zacks Investment Research upgraded shares of Reinsurance Group of America, from a “hold” rating to a “buy” rating and set a $157.00 price target on the stock in a research note on Tuesday, August 1st. Royal Bank Of Canada set a $134.00 price target on shares of Reinsurance Group of America, and gave the company a “hold” rating in a research note on Friday, July 28th. Jefferies Group LLC decreased their price target on shares of Reinsurance Group of America, from $80.00 to $77.00 and set a “hold” rating on the stock in a research note on Monday, May 1st. Finally, Wells Fargo & Company restated a “hold” rating on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $125.89.

A number of large investors have recently made changes to their positions in RGA. IHT Wealth Management LLC boosted its stake in shares of Reinsurance Group of America, by 225.8% in the second quarter. IHT Wealth Management LLC now owns 202 shares of the insurance provider’s stock worth $309,000 after buying an additional 140 shares in the last quarter. Duncker Streett & Co. Inc. raised its position in Reinsurance Group of America, by 39.8% in the first quarter. Duncker Streett & Co. Inc. now owns 923 shares of the insurance provider’s stock worth $117,000 after buying an additional 263 shares during the last quarter. Israel Discount Bank of New York bought a new position in Reinsurance Group of America, during the first quarter worth $125,000. Acrospire Investment Management LLC raised its position in Reinsurance Group of America, by 66.7% in the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the insurance provider’s stock worth $128,000 after buying an additional 400 shares during the last quarter. Finally, Creative Planning raised its position in Reinsurance Group of America, by 3.2% in the first quarter. Creative Planning now owns 1,050 shares of the insurance provider’s stock worth $133,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 91.20% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Reinsurance Group of America, (NYSE:RGA)

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