Rdl Financial Inc buys $3,028,282 stake in Reinsurance Group of America Inc (RGA)

Reinsurance Group of America Inc (RGA) : Rdl Financial Inc scooped up 3,461 additional shares in Reinsurance Group of America Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 31,803 shares of Reinsurance Group of America Inc which is valued at $3,028,282.Reinsurance Group of America Inc makes up approximately 2.26% of Rdl Financial Inc’s portfolio.

Reinsurance Group of America Inc closed down -0.66 points or -0.69% at $94.56 with 3,64,563 shares getting traded on Monday. Post opening the session at $95.45, the shares hit an intraday low of $94.4 and an intraday high of $96.3 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Moody Aldrich Partners sold out all of its stake in RGA during the most recent quarter. The investment firm sold 6,835 shares of RGA which is valued $650,829.Centurylink Investment Management Co boosted its stake in RGA in the latest quarter, The investment management firm added 458 additional shares and now holds a total of 16,595 shares of Reinsurance Group of America Inc which is valued at $1,611,043. Reinsurance Group of America Inc makes up approx 0.57% of Centurylink Investment Management Co’s portfolio.Trillium Asset Management boosted its stake in RGA in the latest quarter, The investment management firm added 8,282 additional shares and now holds a total of 202,296 shares of Reinsurance Group of America Inc which is valued at $19,638,896. Reinsurance Group of America Inc makes up approx 1.28% of Trillium Asset Management’s portfolio.Central Trust Co reduced its stake in RGA by selling 380 shares or 12.4% in the most recent quarter. The Hedge Fund company now holds 2,685 shares of RGA which is valued at $261,358. Reinsurance Group of America Inc makes up approx 0.02% of Central Trust Co’s portfolio.Capstone Asset Management Co boosted its stake in RGA in the latest quarter, The investment management firm added 270 additional shares and now holds a total of 8,156 shares of Reinsurance Group of America Inc which is valued at $793,905. Reinsurance Group of America Inc makes up approx 0.02% of Capstone Asset Management Co’s portfolio.

On the company’s financial health, Reinsurance Group of America Inc reported $1.85 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus of $1.96. The company had revenue of $2512.57 million for the quarter, compared to analysts expectations of $2630.47 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.77 EPS.

Many Wall Street Analysts have commented on Reinsurance Group of America Inc. RBC Capital Mkts Initiated Reinsurance Group of America Inc on Apr 28, 2016 to “Sector Perform”, Price Target of the shares are set at $96.Reinsurance Group of America Inc was Upgraded by Goldman to ” Neutral” on Feb 24, 2016.

Reinsurance Group of America Incorporated (RGA) is an insurance holding company. The Company provides traditional and non-traditional life and health reinsurance. The Company has five geographic-based or function-based segments: U.S. and Latin America; Canada; Europe Middle East and Africa; Asia Pacific and Corporate and Other. The U.S. and Latin America operations 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 among others. The Company is primarily engaged in the reinsurance of individual and group coverages for traditional life and health longevity disability asset-intensive and critical illness products and financial reinsurance.

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