Truist Financial Corp Sells 2,802 Shares of Reinsurance Group of America, Incorporated $RGA

Truist Financial Corp decreased its holdings in shares of Reinsurance Group of America, Incorporated (NYSE:RGA) by 24.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,782 shares of the insurance provider’s stock after selling 2,802 shares during the period. Truist Financial Corp’s holdings in Reinsurance Group of America were worth $1,687,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Richard W. Paul & Associates LLC increased its holdings in shares of Reinsurance Group of America by 3.7% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 1,523 shares of the insurance provider’s stock worth $302,000 after purchasing an additional 54 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Reinsurance Group of America by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 388 shares of the insurance provider’s stock worth $76,000 after buying an additional 58 shares during the period. Millstone Evans Group LLC grew its stake in shares of Reinsurance Group of America by 82.4% during 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. Paulson Wealth Management Inc. increased its holdings in Reinsurance Group of America by 4.5% in the 2nd quarter. Paulson Wealth Management Inc. now owns 1,569 shares of the insurance provider’s stock worth $311,000 after acquiring an additional 67 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in Reinsurance Group of America by 3.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,021 shares of the insurance provider’s stock worth $401,000 after acquiring an additional 69 shares in the last quarter. 95.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RGA has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on shares of Reinsurance Group of America from $237.00 to $238.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. TD Cowen reaffirmed a “hold” rating on shares of Reinsurance Group of America in a report on Wednesday, January 28th. Wall Street Zen raised Reinsurance Group of America from a “hold” rating to a “buy” rating in a report on Saturday. Piper Sandler restated an “overweight” rating and set a $263.00 price target on shares of Reinsurance Group of America in a report on Friday. Finally, Barclays set a $245.00 target price on Reinsurance Group of America and gave the company an “overweight” rating in a research note on Friday. Eight research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $243.22.

Reinsurance Group of America Trading Up 9.5%

NYSE:RGA opened at $225.62 on Friday. The firm has a 50 day moving average of $200.57 and a 200 day moving average of $193.70. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.44. Reinsurance Group of America, Incorporated has a 52 week low of $159.25 and a 52 week high of $229.21. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 12.71 and a beta of 0.53.

Reinsurance Group of America (NYSE:RGA) last issued its quarterly earnings results on Thursday, February 5th. The insurance provider reported $7.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.86 by $1.89. The business had revenue of $6.64 billion for the quarter, compared to the consensus estimate of $6.25 billion. Reinsurance Group of America had a return on equity of 13.34% and a net margin of 4.99%.The business’s quarterly revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the firm posted $4.99 earnings per share. As a group, sell-side analysts anticipate that Reinsurance Group of America, Incorporated will post 22.9 earnings per share for the current fiscal year.

Reinsurance Group of America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be issued a $0.93 dividend. This represents a $3.72 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, February 17th. Reinsurance Group of America’s dividend payout ratio (DPR) is currently 20.96%.

Key Reinsurance Group of America News

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

About Reinsurance Group of America

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.