Willis Investment Counsel Buys 1,526 Shares of Reinsurance Group of America, Incorporated (NYSE:RGA)

Willis Investment Counsel lifted its stake in Reinsurance Group of America, Incorporated (NYSE:RGA - Free Report) by 2.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 53,333 shares of the insurance provider's stock after purchasing an additional 1,526 shares during the quarter. Willis Investment Counsel owned 0.08% of Reinsurance Group of America worth $11,394,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. purchased a new position in shares of Reinsurance Group of America during the third quarter valued at $25,000. Wolff Wiese Magana LLC purchased a new position in Reinsurance Group of America during the 3rd quarter valued at about $34,000. Private Trust Co. NA lifted its position in shares of 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 in the last quarter. Strengthening Families & Communities LLC purchased a new position in Reinsurance Group of America during the third quarter valued at approximately $36,000. Finally, Capital Performance Advisors LLP purchased a new stake in Reinsurance Group of America in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 95.11% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wells Fargo & Company boosted their price target on shares of Reinsurance Group of America from $239.00 to $244.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. TD Cowen assumed coverage on Reinsurance Group of America in a report on Wednesday, October 9th. They issued a "hold" rating and a $235.00 price objective on the stock. Barclays cut their price target on shares of Reinsurance Group of America from $255.00 to $252.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. StockNews.com upgraded Reinsurance Group of America from a "hold" rating to a "buy" rating in a report on Thursday, October 17th. Finally, Royal Bank of Canada increased their price objective on Reinsurance Group of America from $235.00 to $245.00 and gave the company an "outperform" rating in a report on Monday, November 4th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $228.31.

Reinsurance Group of America Stock Performance

NYSE RGA traded up $2.44 on Wednesday, hitting $229.15. 384,201 shares of the stock were exchanged, compared to its average volume of 400,757. Reinsurance Group of America, Incorporated has a 52 week low of $165.38 and a 52 week high of $233.81. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market capitalization of $15.09 billion, a PE ratio of 21.04 and a beta of 0.93. The business's fifty day moving average is $219.12 and its 200 day moving average is $217.31.

Reinsurance Group of America Company 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.