Reinsurance Group of America Inc. (NYSE:RGA) hit a new 52-week high on Monday . The stock traded as high as $102.22 and last traded at $101.85, with a volume of 24,394 shares. The stock had previously closed at $101.72.

Several equities research analysts recently weighed in on the company. Morgan Stanley reaffirmed a “sell” rating on shares of Reinsurance Group of America in a report on Saturday, April 30th. Deutsche Bank AG increased their price target on Reinsurance Group of America from $98.00 to $103.00 and gave the stock a “buy” rating in a report on Thursday, July 7th. Zacks Investment Research downgraded Reinsurance Group of America from a “hold” rating to a “sell” rating in a report on Monday, August 1st. Citigroup Inc. increased their price target on Reinsurance Group of America from $97.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Finally, Royal Bank Of Canada assumed coverage on Reinsurance Group of America in a report on Thursday, April 28th. They set a “sector perform” rating and a $96.00 price target for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Reinsurance Group of America currently has an average rating of “Hold” and an average price target of $98.89.

The stock has a market capitalization of $6.62 billion and a price-to-earnings ratio of 12.16. The firm’s 50-day moving average price is $98.30 and its 200 day moving average price is $95.47.

Reinsurance Group of America (NYSE:RGA) last announced its earnings results on Thursday, July 28th. The company reported $2.80 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.51. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.71 billion. Reinsurance Group of America’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.94 EPS. On average, equities analysts forecast that Reinsurance Group of America Inc. will post $9.44 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 30th. Investors of record on Tuesday, August 9th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, August 5th. This represents a $1.64 annualized dividend and a yield of 1.59%. This is an increase from Reinsurance Group of America’s previous quarterly dividend of $0.37.

In related news, CFO Todd C. Larson sold 2,355 shares of the stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $100.73, for a total transaction of $237,219.15. Following the completion of the sale, the chief financial officer now owns 24,955 shares in the company, valued at approximately $2,513,717.15. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO A Greig Woodring sold 31,058 shares of the stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of $100.62, for a total value of $3,125,055.96. Following the sale, the chief executive officer now owns 208,353 shares of the company’s stock, valued at approximately $20,964,478.86. The disclosure for this sale can be found here.

Several hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group increased its stake in shares of Reinsurance Group of America by 7.0% in the fourth quarter. Schroder Investment Management Group now owns 486,161 shares of the company’s stock worth $41,591,000 after buying an additional 32,000 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Reinsurance Group of America during the fourth quarter worth approximately $1,644,000. Trexquant Investment LP increased its stake in shares of Reinsurance Group of America by 463.4% in the fourth quarter. Trexquant Investment LP now owns 16,902 shares of the company’s stock worth $1,446,000 after buying an additional 13,902 shares in the last quarter. Finally, BlackRock Advisors LLC increased its stake in shares of Reinsurance Group of America by 2.8% in the fourth quarter. BlackRock Advisors LLC now owns 320,763 shares of the company’s stock worth $27,441,000 after buying an additional 8,871 shares in the last quarter.

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 geographic-based or function-based segments, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other.

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