Virginia Retirement Systems Et Al Decreased Reinsurance Group Amer Inc (NYSE:RGA) Stake By $10.19 Million

August 12, 2018 - By Jenna Rose

Reinsurance Group of America, Incorporated (NYSE:RGA) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.19, from 1.16 in 2017Q4. It turned negative, as 24 investors sold RGA shares while 162 reduced holdings. 53 funds opened positions while 128 raised stakes. 56.76 million shares or 1.67% less from 57.73 million shares in 2017Q4 were reported. Rdl Financial, a Virginia-based fund reported 16,590 shares. Washington Trust Fincl Bank owns 45 shares or 0% of their US portfolio. Pictet Asset Management Limited invested in 27,036 shares. Balasa Dinverno Foltz Ltd Liability holds 0.22% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA) for 9,273 shares. Point72 Asia (Hong Kong) invested in 0.14% or 1,822 shares. Bluemountain Cap Mgmt Limited Liability Com holds 0.17% or 49,302 shares in its portfolio. Investec Asset Mgmt invested in 0.12% or 145,624 shares. Virtu Limited Co invested in 0.08% or 10,022 shares. Meritage Port Management reported 0.57% stake. Virginia-based Palladium Prtnrs Ltd Co has invested 0.04% in Reinsurance Group of America, Incorporated (NYSE:RGA). D E Shaw Comm accumulated 0.01% or 34,538 shares. Gideon Inc has 0.43% invested in Reinsurance Group of America, Incorporated (NYSE:RGA) for 4,509 shares. Parametric Associate Ltd reported 385,690 shares or 0.06% of all its holdings. Eaton Vance Mngmt has invested 0% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA). Jefferies Gru Ltd Liability, a New York-based fund reported 2,556 shares.

Since February 16, 2018, it had 2 insider purchases, and 3 sales for $782,413 activity. 400 shares were sold by Boot Arnoud W.A., worth $62,104. $44,745 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) shares were bought by MATSON – TIMOTHY T. $140,190 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) was bought by Gauthier John J on Tuesday, July 31. Neemeh Alain also sold $454,072 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) shares.

Virginia Retirement Systems Et Al decreased its stake in Reinsurance Group Amer Inc (NYSE:RGA) by 93.3% based on its latest 2018Q2 regulatory filing with the SEC. Virginia Retirement Systems Et Al sold 76,600 shares as the company’s stock declined 4.21% with the market. The institutional investor held 5,500 shares of the finance company at the end of 2018Q2, valued at $734,000, down from 82,100 at the end of the previous reported quarter. Virginia Retirement Systems Et Al who had been investing in Reinsurance Group Amer Inc for a number of months, seems to be less bullish one the $8.98B market cap company. The stock decreased 0.28% or $0.39 during the last trading session, reaching $141.1. About 309,244 shares traded. Reinsurance Group of America, Incorporated (NYSE:RGA) has risen 19.99% since August 12, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Virginia Retirement Systems Et Al, which manages about $8.16 billion US Long portfolio, upped its stake in Chemed Corp New (NYSE:CHE) by 68,300 shares to 77,400 shares, valued at $24.91 million in 2018Q2, according to the filing. It also increased its holding in Hormel Foods Corp (NYSE:HRL) by 447,800 shares in the quarter, for a total of 592,976 shares, and has risen its stake in American Wtr Wks Co Inc New (NYSE:AWK).

Reinsurance Group of America, Incorporated (NYSE:RGA) Ratings Coverage

Among 4 analysts covering Reinsurance Group (NYSE:RGA), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Reinsurance Group had 6 analyst reports since March 2, 2018 according to SRatingsIntel. Morgan Stanley maintained Reinsurance Group of America, Incorporated (NYSE:RGA) rating on Thursday, April 5. Morgan Stanley has “Underweight” rating and $135 target. Morgan Stanley maintained the shares of RGA in report on Wednesday, July 11 with “Underweight” rating. The firm has “Outperform” rating by Wood given on Monday, July 30. The firm has “Neutral” rating given on Wednesday, June 27 by Credit Suisse.

Reinsurance Group of America, Incorporated engages in reinsurance business. The company has market cap of $8.98 billion. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. It has a 5.3 P/E ratio. The firm also provides reinsurance for mortality, morbidity, and lapse risk associated with products; and reinsurance for investment-related risks, as well as develops and markets technology solutions for the insurance industry.

More notable recent Reinsurance Group of America, Incorporated (NYSE:RGA) news were published by: Gurufocus.com which released: “5 Cheap and Predictable Stocks” on August 10, 2018, also Seekingalpha.com with their article: “Reinsurance Group of America, Inc. (RGA) CEO Anna Manning on Q2 2018 Results – Earnings Call Transcript” published on July 27, 2018, Seekingalpha.com published: “Banks again lead the way in expected dividend hikes” on July 20, 2018. More interesting news about Reinsurance Group of America, Incorporated (NYSE:RGA) were released by: Businesswire.com and their article: “AM Best Affirms Credit Ratings of Reinsurance Group of America, Incorporated and Its Subsidiaries” published on August 09, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For July 26, 2018” with publication date: July 26, 2018.

Reinsurance Group of America, Incorporated (NYSE:RGA) Institutional Positions Chart

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