Hantz Financial Services Inc. Has $2.25 Million Stock Position in Reinsurance Group of America, Incorporated (NYSE:RGA)

Hantz Financial Services Inc. reduced its position in Reinsurance Group of America, Incorporated (NYSE:RGA) by 1.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,516 shares of the insurance provider’s stock after selling 201 shares during the period. Hantz Financial Services Inc.’s holdings in Reinsurance Group of America were worth $2,247,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. bought a new stake in Reinsurance Group of America in the third quarter valued at about $25,000. Private Trust Co. NA increased its holdings in Reinsurance Group of America by 333.3% during the 3rd quarter. Private Trust Co. NA now owns 156 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 120 shares in the last quarter. Wolff Wiese Magana LLC bought a new position in shares of Reinsurance Group of America during the 3rd quarter worth approximately $34,000. Strengthening Families & Communities LLC acquired a new position in shares of Reinsurance Group of America during the 3rd quarter worth about $36,000. Finally, Capital Performance Advisors LLP bought a new position in Reinsurance Group of America in the third quarter valued at approximately $37,000. 95.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RGA has been the subject of several recent analyst reports. Keefe, Bruyette & Woods upgraded shares of Reinsurance Group of America from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, October 3rd. Barclays dropped their price objective on shares of Reinsurance Group of America from $255.00 to $252.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Royal Bank of Canada lifted their target price on Reinsurance Group of America from $235.00 to $245.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. increased their price target on Reinsurance Group of America from $227.00 to $232.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, StockNews.com raised shares of Reinsurance Group of America from a “hold” rating to a “buy” rating in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Reinsurance Group of America has an average rating of “Moderate Buy” and an average price target of $228.31.

Reinsurance Group of America Trading Up 0.7 %

NYSE:RGA opened at $231.00 on Friday. Reinsurance Group of America, Incorporated has a 12 month low of $163.81 and a 12 month high of $233.81. The stock has a market capitalization of $15.21 billion, a price-to-earnings ratio of 21.21 and a beta of 0.94. The firm has a fifty day simple moving average of $219.31 and a two-hundred day simple moving average of $216.89. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.45.

Reinsurance Group of America (NYSE:RGA) last released its quarterly earnings data on Thursday, October 31st. The insurance provider reported $6.13 earnings per share for the quarter, beating analysts’ consensus estimates of $5.31 by $0.82. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.29 billion. Reinsurance Group of America had a net margin of 3.32% and a return on equity of 15.01%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $5.57 earnings per share. Analysts expect that Reinsurance Group of America, Incorporated will post 21.4 EPS for the current fiscal year.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions.