PrimericaPRI
Market Cap: $8.63B
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 Q2 SEC filings by fund managers ($100M+ AUM)
21% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 47
3% more funds holding
Funds holding: 394 [Q1] → 404 (+10) [Q2]
1.59% more ownership
Funds ownership: 90.56% [Q1] → 92.15% (+1.59%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 8 (+0) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 142
6% less capital invested
Capital invested by funds: $7.98B [Q1] → $7.49B (-$485M) [Q2]
69% less call options, than puts
Call options by funds: $2.08M | Put options by funds: $6.81M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Piper Sandler John Barnidge 77% 1-year accuracy 17 / 22 met price target | 11%upside $283 | Neutral Initiated | 30 Aug 2024 |
Morgan Stanley Bob Huang 100% 1-year accuracy 6 / 6 met price target | 5%upside $269 | Equal-Weight Maintained | 19 Aug 2024 |
Truist Securities Mark Hughes 85% 1-year accuracy 53 / 62 met price target | 18%upside $300 | Buy Maintained | 9 Aug 2024 |
Jefferies Suneet Kamath 74% 1-year accuracy 17 / 23 met price target | 2%downside $249 | Hold Maintained | 18 Jul 2024 |
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target | 8%upside $275 | Market Perform Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 4 articles about PRI published over the past 30 days