Natixis Advisors LLC Has $43.23 Million Stock Position in Reinsurance Group of America, Incorporated (NYSE:RGA)

Natixis Advisors LLC boosted its position in Reinsurance Group of America, Incorporated (NYSE:RGA - Free Report) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,349 shares of the insurance provider's stock after purchasing an additional 8,651 shares during the period. Natixis Advisors LLC owned approximately 0.31% of Reinsurance Group of America worth $43,228,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in Reinsurance Group of America by 333.3% in the third quarter. Private Trust Co. NA now owns 156 shares of the insurance provider's stock worth $34,000 after purchasing an additional 120 shares during the period. Strengthening Families & Communities LLC acquired a new stake in shares of Reinsurance Group of America during the 3rd quarter valued at $36,000. Spire Wealth Management lifted its position in shares of Reinsurance Group of America by 39.0% during the 4th quarter. Spire Wealth Management now owns 203 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 57 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Reinsurance Group of America during the 4th quarter valued at $44,000. Finally, Versant Capital Management Inc lifted its position 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 acquiring an additional 80 shares during the last quarter. 95.11% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on RGA shares. Royal Bank of Canada reiterated an "outperform" rating and set a $245.00 price objective on shares of Reinsurance Group of America in a research report on Monday, February 10th. Wells Fargo & Company increased their price objective on Reinsurance Group of America from $263.00 to $264.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Piper Sandler decreased their target price on Reinsurance Group of America from $252.00 to $242.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Evercore ISI decreased their target price on Reinsurance Group of America from $280.00 to $270.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Finally, Morgan Stanley decreased their target price on Reinsurance Group of America from $245.00 to $233.00 and set an "equal weight" rating for the company in a research report on Friday, February 14th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $231.85.

Reinsurance Group of America Stock Performance

RGA stock traded down $0.66 during trading on Thursday, reaching $191.40. 352,039 shares of the stock were exchanged, compared to its average volume of 378,599. Reinsurance Group of America, Incorporated has a twelve month low of $178.84 and a twelve month high of $233.81. The company has a market capitalization of $12.64 billion, a P/E ratio of 17.82 and a beta of 0.91. The stock has a 50 day simple moving average of $208.15 and a 200-day simple moving average of $214.41. 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 (NYSE:RGA - Get Free Report) last posted its earnings results on Thursday, February 6th. The insurance provider reported $4.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.22 by ($0.23). Reinsurance Group of America had a net margin of 3.24% and a return on equity of 14.55%. As a group, sell-side analysts anticipate that Reinsurance Group of America, Incorporated will post 22.9 earnings per share for the current year.

Reinsurance Group of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders 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 1.86%. The ex-dividend date was Tuesday, February 18th. Reinsurance Group of America's payout ratio is 33.15%.

Reinsurance Group of America Profile

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.