18.39 % to Target, KBW Reiterates ‘”Hold”’ Rating on Primerica (NYSE:PRI) Shares Today

April 16, 2018 - By Clifton Ray

Primerica, Inc. (NYSE:PRI) Logo

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.04, from 1.01 in 2017Q3. It turned negative, as 20 investors sold Primerica, Inc. shares while 92 reduced holdings. 43 funds opened positions while 66 raised stakes. 41.09 million shares or 5.30% less from 43.39 million shares in 2017Q3 were reported.

Millennium Limited Liability stated it has 80,458 shares or 0.01% of all its holdings. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reported 0.01% stake. The New York-based Brave Warrior Advsrs Ltd Liability Corporation has invested 6.05% in Primerica, Inc. (NYSE:PRI). Dimensional Fund Advsrs Ltd Partnership holds 0.06% or 1.37M shares. Fin Mngmt reported 91 shares. Fortaleza Asset Management holds 2,275 shares or 1.45% of its portfolio. Blackrock Inc stated it has 4.68M shares. Old Mutual Customised Solutions (Proprietary) Ltd invested in 1,300 shares. Aurora Invest Counsel stated it has 7,737 shares or 0.39% of all its holdings. Jpmorgan Chase Commerce holds 0.01% or 440,492 shares in its portfolio. Gideon Capital owns 2,479 shares. Virtus Inv Advisers stated it has 619,191 shares. Tudor Corporation Et Al holds 0.02% or 8,623 shares. Maryland-based Brown Advisory has invested 0.2% in Primerica, Inc. (NYSE:PRI). First Mercantile owns 0.03% invested in Primerica, Inc. (NYSE:PRI) for 1,280 shares.

Since February 15, 2018, it had 0 insider buys, and 7 selling transactions for $1.92 million activity. The insider Rand Alison S. sold $1.02M. Williams Glenn J. had sold 3,000 shares worth $295,997. On Monday, March 5 MCCULLOUGH ROBERT F sold $96,138 worth of Primerica, Inc. (NYSE:PRI) or 1,000 shares.

Primerica (NYSE:PRI) Rating Reaffirmed

The firm has just set a target price per share of $113.0 on Primerica (NYSE:PRI) shares. This is 18.39 % from the last stock close price. In analysts report shared with investors on 21 December, KBW maintained their “Hold” rating on shares of PRI.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.04, from 1.01 in 2017Q3. It turned negative, as 20 investors sold Primerica, Inc. shares while 92 reduced holdings. 43 funds opened positions while 66 raised stakes. 41.09 million shares or 5.30% less from 43.39 million shares in 2017Q3 were reported.

Millennium Limited Liability stated it has 80,458 shares or 0.01% of all its holdings. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reported 0.01% stake. The New York-based Brave Warrior Advsrs Ltd Liability Corporation has invested 6.05% in Primerica, Inc. (NYSE:PRI). Dimensional Fund Advsrs Ltd Partnership holds 0.06% or 1.37M shares. Fin Mngmt reported 91 shares. Fortaleza Asset Management holds 2,275 shares or 1.45% of its portfolio. Blackrock Inc stated it has 4.68M shares. Old Mutual Customised Solutions (Proprietary) Ltd invested in 1,300 shares. Aurora Invest Counsel stated it has 7,737 shares or 0.39% of all its holdings. Jpmorgan Chase Commerce holds 0.01% or 440,492 shares in its portfolio. Gideon Capital owns 2,479 shares. Virtus Inv Advisers stated it has 619,191 shares. Tudor Corporation Et Al holds 0.02% or 8,623 shares. Maryland-based Brown Advisory has invested 0.2% in Primerica, Inc. (NYSE:PRI). First Mercantile owns 0.03% invested in Primerica, Inc. (NYSE:PRI) for 1,280 shares.

Since February 15, 2018, it had 0 insider buys, and 7 selling transactions for $1.92 million activity. The insider Rand Alison S. sold $1.02M. Williams Glenn J. had sold 3,000 shares worth $295,997. On Monday, March 5 MCCULLOUGH ROBERT F sold $96,138 worth of Primerica, Inc. (NYSE:PRI) or 1,000 shares.

Primerica, Inc. (NYSE:PRI) Ratings Coverage

Among 3 analysts covering Primerica (NYSE:PRI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Primerica has $113.0 highest and $95.0 lowest target. $105’s average target is 10.01% above currents $95.45 stock price. Primerica had 5 analyst reports since October 19, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, April 11 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $95.0 target in Friday, November 10 report. The firm has “Hold” rating given on Thursday, October 19 by SunTrust. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The rating was maintained by Wells Fargo on Tuesday, January 9 with “Hold”.

The stock increased 1.27% or $1.2 during the last trading session, reaching $95.45. About 93,391 shares traded. Primerica, Inc. (NYSE:PRI) has risen 22.61% since April 16, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

Analysts await Primerica, Inc. (NYSE:PRI) to report earnings on May, 8. They expect $1.49 EPS, up 34.23 % or $0.38 from last year’s $1.11 per share. PRI’s profit will be $65.66 million for 16.02 P/E if the $1.49 EPS becomes a reality. After $1.60 actual EPS reported by Primerica, Inc. for the previous quarter, Wall Street now forecasts -6.88 % negative EPS growth.

Primerica, Inc., together with its subsidiaries, distributes financial products to middle income households in the United States and Canada. The company has market cap of $4.21 billion. The firm operates in three divisions: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It has a 12.54 P/E ratio. It underwrites individual term life insurance products.

Primerica, Inc. (NYSE:PRI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: