Primerica Inc (NYSE:PRI) Q4 2016 Sentiment

August 29, 2017 - By Dolores Ford

 Primerica Inc (NYSE:PRI)  Q4 2016 Sentiment

Sentiment for Primerica Inc (NYSE:PRI)

Primerica Inc (NYSE:PRI) institutional sentiment decreased to 0.97 in 2016 Q4. Its down -0.51, from 1.48 in 2016Q3. The ratio dived, as 114 funds increased or started new equity positions, while 118 cut down and sold their holdings in Primerica Inc. The funds in our partner’s database now hold: 47.17 million shares, down from 52.81 million shares in 2016Q3. Also, the number of funds holding Primerica Inc in their top 10 equity positions increased from 3 to 4 for an increase of 1. Sold All: 21 Reduced: 97 Increased: 73 New Position: 41.

Primerica Inc. is a distributor of financial products to middle-income households in the United States and Canada. The company has market cap of $3.43 billion. The Firm operates through three divisions: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. It has a 15.56 P/E ratio. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance firm subsidiaries.

It closed at $76.5 lastly. It is down 46.20% since August 29, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.

Quantum Capital Management Llc Nj holds 5.65% of its portfolio in Primerica, Inc. for 255,816 shares. Brave Warrior Advisors Llc owns 1.61 million shares or 5.3% of their US portfolio. Moreover, New Amsterdam Partners Llc Ny has 2.85% invested in the company for 181,569 shares. The California-based Kayne Anderson Rudnick Investment Management Llc has invested 2.75% in the stock. Ruane Cunniff & Goldfarb Inc, a New York-based fund reported 3.01 million shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $356,120 activity.

Primerica, Inc. (NYSE:PRI) Ratings Coverage

Ratings analysis reveals 29% of Primerica Inc.’s analysts are positive. Out of 7 Wall Street analysts rating Primerica Inc., 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $50 while the high is $8300. The stock’s average target of $71.33 is -6.76% below today’s ($76.5) share price. PRI was included in 15 notes of analysts from August 17, 2015. The company was maintained on Tuesday, August 8 by Keefe Bruyette & Woods. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 23. On Monday, August 17 the stock rating was upgraded by Jefferies to “Buy”. Keefe Bruyette & Woods maintained it with “Hold” rating and $8300 target in Friday, June 23 report. As per Monday, April 24, the company rating was downgraded by William Blair. The rating was initiated by Citigroup on Thursday, January 26 with “Neutral”. The company was maintained on Tuesday, August 8 by Wells Fargo. Wood maintained the stock with “Hold” rating in Tuesday, April 11 report. As per Friday, January 22, the company rating was initiated by William Blair. Wood downgraded the stock to “Market Perform” rating in Wednesday, July 13 report.

More important recent Primerica, Inc. (NYSE:PRI) news were published by: which released: “Ex-Dividend Reminder: Apartment Investment & Management, Primerica and Ares …” on August 14, 2017, also published article titled: “Primerica, Inc. Announces 10% Gain In Q2 Earnings”, published: “Board of Directors of Primerica, Inc. Declares $0.20 Quarterly Dividend” on August 07, 2017. More interesting news about Primerica, Inc. (NYSE:PRI) was released by: and their article: “Primerica (PRI) Q2 Earnings & Revenues Beat, Increase Y/Y” with publication date: August 09, 2017.

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