Reinsurance Group of America, Incorporated (NYSE:RGA) Director Alan C. Henderson sold 440 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $139.87, for a total transaction of $61,542.80. Following the transaction, the director now owns 20,418 shares in the company, valued at approximately $2,855,865.66. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Reinsurance Group of America, Incorporated (NYSE:RGA) traded up 0.23% on Tuesday, reaching $140.93. 237,104 shares of the company were exchanged. Reinsurance Group of America, Incorporated has a 12-month low of $100.41 and a 12-month high of $141.89. The firm has a market capitalization of $9.09 billion, a PE ratio of 12.01 and a beta of 0.83. The stock has a 50 day moving average of $134.00 and a 200 day moving average of $128.65.

Reinsurance Group of America, (NYSE:RGA) last posted its quarterly earnings results on Thursday, July 27th. The insurance provider reported $2.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.44 by $0.51. Reinsurance Group of America, had a net margin of 6.33% and a return on equity of 8.48%. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. During the same period in the prior year, the firm posted $2.80 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities analysts anticipate that Reinsurance Group of America, Incorporated will post $10.21 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Shareholders of record on Tuesday, August 8th will be issued a $0.50 dividend. This is an increase from Reinsurance Group of America,’s previous quarterly dividend of $0.41. This represents a $2.00 annualized dividend and a dividend 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 institutional investors have recently added to or reduced their stakes in RGA. Sterling Capital Management LLC increased its position in Reinsurance Group of America, by 8.5% in the second quarter. Sterling Capital Management LLC now owns 7,263 shares of the insurance provider’s stock valued at $932,000 after buying an additional 572 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Reinsurance Group of America, by 1.0% in the second quarter. Ameritas Investment Partners Inc. now owns 32,595 shares of the insurance provider’s stock valued at $4,184,000 after buying an additional 330 shares in the last quarter. Nomura Holdings Inc. bought a new position in Reinsurance Group of America, during the second quarter valued at approximately $348,000. Coldstream Capital Management Inc. increased its position in Reinsurance Group of America, by 8.5% in the second quarter. Coldstream Capital Management Inc. now owns 5,884 shares of the insurance provider’s stock valued at $755,000 after buying an additional 460 shares in the last quarter. Finally, IHT Wealth Management LLC increased its position in 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 valued at $309,000 after buying an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 91.20% of the company’s stock.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Reinsurance Group of America, from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Royal Bank Of Canada reiterated a “hold” rating and issued a $127.00 target price on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Wells Fargo & Company reiterated a “hold” rating on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $137.00 target price on shares of Reinsurance Group of America, in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC lowered their target price 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. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Reinsurance Group of America, has a consensus rating of “Hold” and a consensus price target of $125.89.

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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