Principal Financial Group Inc. Sells 23,428 Shares of Reinsurance Group of America, Incorporated $RGA

Principal Financial Group Inc. reduced its stake in shares of Reinsurance Group of America, Incorporated (NYSE:RGA) by 11.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 174,600 shares of the insurance provider’s stock after selling 23,428 shares during the period. Principal Financial Group Inc. owned approximately 0.26% of Reinsurance Group of America worth $33,546,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WCM Investment Management LLC lifted its holdings in shares of Reinsurance Group of America by 5.0% in the second quarter. WCM Investment Management LLC now owns 2,639,979 shares of the insurance provider’s stock valued at $521,343,000 after purchasing an additional 125,937 shares in the last quarter. American Century Companies Inc. raised its position in Reinsurance Group of America by 35.2% in the 2nd quarter. American Century Companies Inc. now owns 2,044,818 shares of the insurance provider’s stock valued at $405,610,000 after buying an additional 532,891 shares during the last quarter. Geode Capital Management LLC lifted its stake in Reinsurance Group of America by 4.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,219,609 shares of the insurance provider’s stock valued at $241,960,000 after acquiring an additional 53,211 shares in the last quarter. Norges Bank acquired a new position in Reinsurance Group of America during the 2nd quarter worth approximately $167,955,000. Finally, AQR Capital Management LLC grew its stake in shares of Reinsurance Group of America by 29.6% during the 2nd quarter. AQR Capital Management LLC now owns 799,675 shares of the insurance provider’s stock worth $158,352,000 after acquiring an additional 182,729 shares in the last quarter. Institutional investors and hedge funds own 95.11% of the company’s stock.

Reinsurance Group of America Trading Up 0.3%

Shares of RGA stock opened at $205.77 on Friday. The stock has a market cap of $13.52 billion, a P/E ratio of 15.83 and a beta of 0.53. Reinsurance Group of America, Incorporated has a 1 year low of $159.25 and a 1 year high of $231.92. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.44. The stock has a 50 day simple moving average of $199.85 and a 200 day simple moving average of $193.48.

Reinsurance Group of America (NYSE:RGA) last announced its quarterly earnings data on Thursday, February 5th. The insurance provider reported $7.75 earnings per share for the quarter, beating the consensus estimate of $5.86 by $1.89. The firm had revenue of $6.64 billion during the quarter, compared to analysts’ expectations of $6.25 billion. Reinsurance Group of America had a return on equity of 12.19% and a net margin of 3.89%.The company’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.99 EPS. On average, research analysts predict that Reinsurance Group of America, Incorporated will post 22.9 earnings per share for the current fiscal year.

Reinsurance Group of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be given a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, February 17th. Reinsurance Group of America’s payout ratio is currently 28.62%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on RGA shares. Morgan Stanley set a $208.00 target price on Reinsurance Group of America in a report on Monday, December 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Reinsurance Group of America in a research note on Monday, December 29th. TD Cowen restated a “hold” rating on shares of Reinsurance Group of America in a report on Wednesday, January 28th. Raymond James Financial cut shares of Reinsurance Group of America from a “market perform” rating to an “underperform” rating in a research note on Friday, October 17th. Finally, Barclays set a $245.00 price objective on shares of Reinsurance Group of America and gave the stock an “overweight” rating in a research note on Friday. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Reinsurance Group of America currently has an average rating of “Moderate Buy” and a consensus target price of $239.56.

Reinsurance Group of America News Summary

Here are the key news stories impacting Reinsurance Group of America this week:

• Positive Sentiment: Large Q4 earnings and revenue beat — RGA reported $7.75 EPS vs. $5.86 expected and revenue above estimates; strong top- and bottom-line results are the main catalyst pushing the stock higher. Read More.
• Positive Sentiment: Market reaction / coverage highlights the beat — multiple outlets flagged the Q4 surprise and wrote that RGA “soars” after results, reinforcing positive momentum. Read More.
• Positive Sentiment: Dividend announced — RGA declared a quarterly dividend of $0.93/share (ex-div Feb 17, pay Mar 3), which supports income-oriented investors and signals confidence in capital availability.
• Neutral Sentiment: Analyst and metrics deep dives — several pieces examine RGA’s key metrics, capital position and valuation; these help investors reprice the stock but don’t change the immediate earnings-driven move. Read More.
• Neutral Sentiment: Longer-term investment story coverage — articles on RGA’s portfolio moves (e.g., Portland industrial exposure and leadership changes) provide context on where management is steering the investment book; useful for longer-term positioning. Read More.
• Negative Sentiment: Pre-earnings estimate drift flagged — some pre-release coverage noted slipping estimates, which creates some uncertainty around forward EPS previews and could prompt analyst revisions despite the beat. Read More.

Reinsurance Group of America Profile

Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company’s offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.

RGA’s product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.