Reinsurance Group of AmericaRGA
Market Cap: $14B
About: Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia, and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Employees: 3,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
393% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $2.55M
192% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 38
14% more funds holding
Funds holding: 527 [Q1] → 600 (+73) [Q2]
5% more capital invested
Capital invested by funds: $12.3B [Q1] → $12.9B (+$597M) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 206
1.48% less ownership
Funds ownership: 96.68% [Q1] → 95.2% (-1.48%) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target | 20%upside $255 | Overweight Initiated | 4 Sept 2024 |
Morgan Stanley Nigel Dally 75% 1-year accuracy 12 / 16 met price target | 11%upside $236 | Equal-Weight Maintained | 19 Aug 2024 |
Wells Fargo Elyse Greenspan 75% 1-year accuracy 52 / 69 met price target | 13%upside $239 | Overweight Maintained | 9 Aug 2024 |
RBC Capital Mark Dwelle 100% 1-year accuracy 6 / 6 met price target | 11%upside $235 | Outperform Maintained | 5 Aug 2024 |
JP Morgan Jimmy Bhullar 60% 1-year accuracy 21 / 35 met price target | 4%upside $220 | Neutral Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 8 articles about RGA published over the past 30 days