Primerica
About: Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Employees: 3,450
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
115% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 34
10% more funds holding
Funds holding: 407 [Q2] → 446 (+39) [Q3]
8% more capital invested
Capital invested by funds: $7.55B [Q2] → $8.17B (+$628M) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 142
1.59% less ownership
Funds ownership: 92.78% [Q2] → 91.2% (-1.59%) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]
69% less call options, than puts
Call options by funds: $848K | Put options by funds: $2.76M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target | 11%upside $300 | Neutral Maintained | 18 Dec 2024 |
TD Cowen Andrew Kligerman 62% 1-year accuracy 8 / 13 met price target | 27%upside $345 | Buy Maintained | 26 Nov 2024 |
Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target | 25%upside $340 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 4 articles about PRI published over the past 30 days
