Dividend Reporting: Reinsurance Group of America, Incorporated (NYSE:RGA) gearing towards $0.41 dividends on Nov 29, 2016.

Dividend Reporting: Reinsurance Group of America, Incorporated (NYSE:RGA) gearing towards $0.41 dividends on Nov 29, 2016.

Reinsurance Group of America, Incorporated (NYSE:RGA) is expected to pay $0.41 on Nov 29, 2016. The indicated annual dividend is $1.64. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on Reinsurance Group of America, Incorporated’s current price of $108.58, the dividend is 0.38%. This dividend’s record date is Nov 8, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.17% or $0.18 on November 2, hitting $108.58. Reinsurance Group of America Inc (NYSE:RGA) has risen 12.20% since April 1, 2016 and is uptrending. It has outperformed by 10.99% the S&P500.

Reinsurance Group of America, Incorporated is an insurance holding company. The company has a market cap of $6.99 billion. The Firm provides traditional and non-traditional life and health reinsurance. It has a 10.5 P/E ratio. The Firm has geographic or function divisions, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other.

Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.08, from 1 in 2016Q1. The ratio is positive, as 19 funds sold all Reinsurance Group of America Inc shares owned while 119 reduced positions. 32 funds bought stakes while 117 increased positions. They now own 57.59 million shares or 8.67% less from 63.05 million shares in 2016Q1.
Credit Agricole S A reported 10,448 shares or 0% of all its holdings. Amalgamated Commercial Bank has 8,693 shares for 0.05% of their US portfolio. Picton Mahoney Asset reported 28,000 shares or 0.17% of all its holdings. Nationwide Fund Advisors, a Pennsylvania-based fund reported 208,888 shares. Dreman Value L L C owns 3,711 shares or 0.22% of their US portfolio. Jefferies Grp Inc Ltd last reported 0% of its portfolio in the stock. State Of New Jersey Common Pension Fund D has 35,272 shares for 0.02% of their US portfolio. Moreover, Nwq Inv Management Limited Liability has 0.41% invested in Reinsurance Group of America Inc (NYSE:RGA) for 247,321 shares. Mackenzie Fincl has invested 0% of its portfolio in Reinsurance Group of America Inc (NYSE:RGA). The Wisconsin-based Legacy Private Trust Communication has invested 0.07% in Reinsurance Group of America Inc (NYSE:RGA). Loomis Sayles & Limited Partnership has 415,526 shares for 0.11% of their US portfolio. Wealth Enhancement Advisory Services Ltd Llc holds 0.25% or 14,058 shares in its portfolio. Madison Inv Holding, a Wisconsin-based fund reported 4,730 shares. Coldstream Mngmt has 0.14% invested in the company for 8,424 shares. Twin Tree L P has invested 0% of its portfolio in Reinsurance Group of America Inc (NYSE:RGA).

Insider Transactions: Since May 11, 2016, the stock had 0 buys, and 7 insider sales for $6.85 million net activity. $614,200 worth of Reinsurance Group of America Inc (NYSE:RGA) was sold by Neemeh Alain. Another trade for 23,743 shares valued at $2.39M was made by LAY JACK B on Tuesday, August 9. Hayden John W. had sold 1,988 shares worth $209,575. LARSON TODD C also sold $237,225 worth of Reinsurance Group of America Inc (NYSE:RGA) on Friday, August 5. Boot Arnoud W.A. sold 625 shares worth $60,000. Manning Anna sold $212,018 worth of stock or 2,015 shares. WOODRING A GREIG sold $3.13M worth of stock.

Reinsurance Group of America Inc (NYSE:RGA) Ratings Coverage

Out of 7 analysts covering Reinsurance Group of America (NYSE:RGA), 1 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 14% are positive. $108 is the highest target while $87 is the lowest. The $97.20 average target is -10.48% below today’s ($108.58) stock price. Reinsurance Group of America has been the topic of 13 analyst reports since November 17, 2015 according to StockzIntelligence Inc. The stock of Reinsurance Group of America Inc (NYSE:RGA) earned “Buy” rating by Deutsche Bank on Tuesday, January 5. Goldman Sachs initiated the shares of RGA in a report on Tuesday, November 17 with “Sell” rating. The stock of Reinsurance Group of America Inc (NYSE:RGA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, April 28. The firm earned “Buy” rating on Friday, July 15 by Goldman Sachs. The stock of Reinsurance Group of America Inc (NYSE:RGA) earned “Market Perform” rating by Wells Fargo on Friday, September 23. The stock of Reinsurance Group of America Inc (NYSE:RGA) has “Neutral” rating given on Wednesday, February 24 by Goldman Sachs. Citigroup maintained the shares of RGA in a report on Wednesday, April 6 with “Neutral” rating. The stock of Reinsurance Group of America Inc (NYSE:RGA) earned “Neutral” rating by JP Morgan on Tuesday, October 4. Credit Suisse initiated the stock with “Neutral” rating in Friday, October 7 report. Deutsche Bank downgraded the shares of RGA in a report on Wednesday, October 19 to “Hold” rating.

More news for Reinsurance Group of America Inc (NYSE:RGA) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Tompkins Financial, Reinsurance Group of America and …” on November 02, 2016. Marketwatch.com‘s article titled: “Reinsurance Group of America started at neutral with $135 stock price target …” and published on November 07, 2010 is yet another important article.

RGA Company Profile

Reinsurance Group of America, Incorporated (RGA), incorporated on December 31, 1992, is an insurance holding company. The Firm provides traditional and non-traditional life and health reinsurance. The Firm has geographic or function divisions, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. The Company’s geographic activities are further segmented into traditional and non-traditional businesses. The Company’s subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd., RGA International Reinsurance Company Limited and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance. Non-traditional reinsurance includes longevity reinsurance and asset-intensive reinsurance.

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