Primerica Inc (NYSE:PRI) Q4 2016 Sentiment

July 18, 2017 - By Adrian Mccoy

 Primerica Inc (NYSE:PRI)  Q4 2016 Sentiment

Sentiment for Primerica Inc (NYSE:PRI)

Primerica Inc (NYSE:PRI) institutional sentiment decreased to 0.97 in Q4 2016. Its down -0.51, from 1.48 in 2016Q3. The ratio fall, as 114 investment managers started new or increased positions, while 118 sold and trimmed equity positions in Primerica Inc. The investment managers in our partner’s database now possess: 47.17 million shares, down from 52.81 million shares in 2016Q3. Also, the number of investment managers holding Primerica Inc in their top 10 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 $3.53 billion. The Firm operates through three divisions: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. It has a 16.28 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.

The stock decreased 0.45% or $0.35 on July 17, reaching $77.85. About shares traded. Primerica, Inc. (NYSE:PRI) has risen 46.20% since July 18, 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 purchases, and 5 insider sales for $966,845 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 -8.38% below today’s ($77.85) share price. PRI was included in 13 notes of analysts from August 17, 2015. Citigroup initiated Primerica, Inc. (NYSE:PRI) on Thursday, January 26 with “Neutral” rating. The company was downgraded on Friday, April 21 by Wells Fargo. The firm earned “Buy” rating on Monday, August 17 by Jefferies. The stock of Primerica, Inc. (NYSE:PRI) earned “Market Perform” rating by Wells Fargo on Friday, September 23. The stock of Primerica, Inc. (NYSE:PRI) has “Outperform” rating given on Friday, January 22 by William Blair. The stock has “Market Perform” rating by William Blair on Monday, April 24. The company was reinitiated on Wednesday, September 9 by Wood. The firm earned “Hold” rating on Monday, May 15 by Wood. The firm earned “Outperform” rating on Wednesday, September 9 by Keefe Bruyette & Woods. Wood downgraded Primerica, Inc. (NYSE:PRI) on Wednesday, July 13 to “Market Perform” rating.

More news for Primerica, Inc. (NYSE:PRI) were recently published by: Prnewswire.com, which released: “Primerica and Answer Financial celebrate 10 years of helping clients with …” on July 11, 2017. Seekingalpha.com‘s article titled: “Opportunity In Primerica” and published on April 21, 2017 is yet another important article.

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