Reinsurance Group of America, Incorporated (NYSE:RGA) EVP John P. Laughlin, Jr. sold 1,941 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $140.77, for a total value of $273,234.57. Following the sale, the executive vice president now owns 28,218 shares of the company’s stock, valued at approximately $3,972,247.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Reinsurance Group of America, Incorporated (NYSE RGA) traded down 1.40% during trading on Thursday, reaching $138.49. The company had a trading volume of 124,614 shares. The firm has a market capitalization of $8.93 billion, a PE ratio of 11.80 and a beta of 0.83. Reinsurance Group of America, Incorporated has a 1-year low of $100.66 and a 1-year high of $141.89. The firm has a 50-day moving average of $134.78 and a 200 day moving average of $128.85.

Reinsurance Group of America, (NYSE:RGA) last announced its quarterly earnings results on Thursday, July 27th. The insurance provider reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $3 billion. During the same period in the previous year, the company earned $2.80 earnings per share. Reinsurance Group of America,’s quarterly revenue was up 3.0% compared to the same quarter last year. Analysts expect that Reinsurance Group of America, Incorporated will post $10.21 earnings per share for the current year.

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

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Large investors have recently made changes to their positions in the stock. Stifel Financial Corp boosted 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 last quarter. Israel Discount Bank of New York purchased a new position in shares of Reinsurance Group of America, during the first quarter worth about $125,000. Oregon Public Employees Retirement Fund raised its position in shares of Reinsurance Group of America, by 61.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 36,432 shares of the insurance provider’s stock worth $4,626,000 after buying an additional 13,900 shares during the period. State Treasurer State of Michigan raised its position in shares of Reinsurance Group of America, by 0.8% in the first quarter. State Treasurer State of Michigan now owns 26,100 shares of the insurance provider’s stock worth $3,314,000 after buying an additional 200 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Reinsurance Group of America, by 16.1% in the first quarter. Russell Investments Group Ltd. now owns 372,416 shares of the insurance provider’s stock worth $47,283,000 after buying an additional 51,754 shares during the period. 91.20% of the stock is owned by institutional investors and hedge funds.

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

About Reinsurance Group of America,

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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