Reinsurance Group of America, Incorporated (NYSE:RGA) Stock Holdings Increased by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG increased its position in shares of Reinsurance Group of America, Incorporated (NYSE:RGA - Free Report) by 16.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,250 shares of the insurance provider's stock after buying an additional 9,075 shares during the period. B. Metzler seel. Sohn & Co. AG owned about 0.10% of Reinsurance Group of America worth $13,479,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA grew its stake in shares of Reinsurance Group of America by 333.3% during the third quarter. Private Trust Co. NA now owns 156 shares of the insurance provider's stock valued at $34,000 after acquiring an additional 120 shares in the last quarter. Spire Wealth Management increased its holdings in Reinsurance Group of America by 39.0% during the 4th quarter. Spire Wealth Management now owns 203 shares of the insurance provider's stock worth $43,000 after purchasing an additional 57 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Reinsurance Group of America during the 4th quarter worth approximately $44,000. Versant Capital Management Inc boosted its stake in shares of Reinsurance Group of America by 38.1% during the 4th quarter. Versant Capital Management Inc now owns 290 shares of the insurance provider's stock valued at $62,000 after buying an additional 80 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of Reinsurance Group of America during the fourth quarter worth approximately $70,000. Institutional investors and hedge funds own 95.11% of the company's stock.

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Reinsurance Group of America Price Performance

RGA stock traded down $13.45 during trading on Friday, hitting $173.66. The company had a trading volume of 295,600 shares, compared to its average volume of 400,409. The business has a 50 day moving average of $202.67 and a 200 day moving average of $213.05. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 16.22 and a beta of 0.91. The company has a current ratio of 0.15, a quick ratio of 0.17 and a debt-to-equity ratio of 0.46. Reinsurance Group of America, Incorporated has a fifty-two week low of $169.10 and a fifty-two week high of $233.81.

Reinsurance Group of America (NYSE:RGA - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The insurance provider reported $4.99 earnings per share for the quarter, missing analysts' consensus estimates of $5.22 by ($0.23). Reinsurance Group of America had a return on equity of 14.55% and a net margin of 3.24%. As a group, research analysts predict that Reinsurance Group of America, Incorporated will post 22.9 earnings per share for the current year.

Reinsurance Group of America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend was Tuesday, February 18th. Reinsurance Group of America's dividend payout ratio (DPR) is presently 33.15%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Reinsurance Group of America from a "neutral" rating to an "overweight" rating and upped their price target for the company from $232.00 to $237.00 in a report on Wednesday. Evercore ISI reduced their price target on shares of Reinsurance Group of America from $280.00 to $270.00 and set an "outperform" rating on the stock in a research report on Thursday, March 13th. Barclays lowered their price objective on Reinsurance Group of America from $255.00 to $252.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Royal Bank of Canada reiterated an "outperform" rating and issued a $245.00 target price on shares of Reinsurance Group of America in a research report on Monday, February 10th. Finally, Piper Sandler dropped their price target on Reinsurance Group of America from $252.00 to $242.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $230.38.

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.