Barings LLC maintained its position in shares of Reinsurance Group of America, Incorporated (NYSE:RGA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,590 shares of the insurance provider’s stock at the end of the second quarter. Barings LLC’s holdings in Reinsurance Group of America, were worth $583,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RGA. UBS Asset Management Americas Inc. raised its stake in shares of Reinsurance Group of America, by 19.0% in the first quarter. UBS Asset Management Americas Inc. now owns 176,019 shares of the insurance provider’s stock worth $22,351,000 after buying an additional 28,156 shares during the period. Stifel Financial Corp raised its stake in shares of Reinsurance Group of America, by 132.8% in the first quarter. Stifel Financial Corp now owns 7,532 shares of the insurance provider’s stock worth $962,000 after buying an additional 4,297 shares during the period. BB&T Securities LLC bought a new position in shares of Reinsurance Group of America, in the first quarter worth about $207,000. United Services Automobile Association raised its stake in shares of Reinsurance Group of America, by 74.6% in the first quarter. United Services Automobile Association now owns 10,864 shares of the insurance provider’s stock worth $1,380,000 after buying an additional 4,640 shares during the period. Finally, Teachers Advisors LLC raised its stake in shares of Reinsurance Group of America, by 5.5% in the first quarter. Teachers Advisors LLC now owns 175,687 shares of the insurance provider’s stock worth $22,309,000 after buying an additional 9,110 shares during the period. 90.60% of the stock is currently owned by hedge funds and other institutional investors.

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Several research firms have recently commented on RGA. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $134.00 price objective on shares of Reinsurance Group of America, in a research note on Tuesday, October 10th. Zacks Investment Research raised Reinsurance Group of America, from a “hold” rating to a “buy” rating and set a $157.00 price objective on the stock in a research note on Tuesday, August 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $137.00 price objective on shares of Reinsurance Group of America, in a research note on Thursday, August 3rd. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $130.00.

In related news, EVP William L. Hutton sold 4,339 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $140.42, for a total value of $609,282.38. Following the completion of the transaction, the executive vice president now owns 18,624 shares of the company’s stock, valued at approximately $2,615,182.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John P. Laughlin, Jr. sold 1,941 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $140.77, for a total value of $273,234.57. Following the completion of the transaction, the executive vice president now directly owns 28,218 shares of the company’s stock, valued at approximately $3,972,247.86. The disclosure for this sale can be found here. Insiders sold a total of 14,970 shares of company stock valued at $2,096,360 in the last ninety days. 1.47% of the stock is currently owned by insiders.

Shares of Reinsurance Group of America, Incorporated (NYSE RGA) opened at 142.85 on Friday. The stock has a market cap of $9.21 billion, a PE ratio of 12.17 and a beta of 0.85. The company’s 50 day moving average price is $136.82 and its 200 day moving average price is $131.45. Reinsurance Group of America, Incorporated has a 52-week low of $106.68 and a 52-week high of $143.71.

Reinsurance Group of America, (NYSE:RGA) last released its quarterly earnings results on Thursday, July 27th. The insurance provider reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.51. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3 billion. Reinsurance Group of America, had a return on equity of 8.48% and a net margin of 6.33%. Reinsurance Group of America,’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.80 EPS. On average, analysts anticipate that Reinsurance Group of America, Incorporated will post $10.22 earnings per share for the current year.

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.

Institutional Ownership by Quarter for Reinsurance Group of America, (NYSE:RGA)

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