Primerica Inc (NYSE:PRI) Institutional Investor Sentiment Is 0.97

July 18, 2017 - By Louis Casey

 Primerica Inc (NYSE:PRI) Institutional Investor Sentiment Is 0.97

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 dropped, as 114 hedge funds started new and increased positions, while 118 sold and reduced their positions in Primerica Inc. The hedge funds in our partner’s database now have: 47.17 million shares, down from 52.81 million shares in 2016Q3. Also, the number of hedge funds 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 buys, and 5 selling transactions 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. The stock of Primerica, Inc. (NYSE:PRI) has “Buy” rating given on Monday, August 17 by Jefferies. Wells Fargo initiated the shares of PRI in report on Friday, September 23 with “Market Perform” rating. Wood maintained it with “Hold” rating and $81 target in Monday, May 15 report. Wood maintained the stock with “Hold” rating in Tuesday, April 11 report. The company was initiated on Friday, January 22 by William Blair. Wood downgraded the shares of PRI in report on Wednesday, July 13 to “Market Perform” rating. Keefe Bruyette & Woods maintained Primerica, Inc. (NYSE:PRI) on Friday, June 23 with “Hold” rating. The rating was downgraded by William Blair on Monday, April 24 to “Market Perform”. Wood reinitiated it with “Outperform” rating and $53 target in Wednesday, September 9 report. The firm earned “Outperform” rating on Tuesday, October 20 by Raymond James.

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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