Shares of Primerica, Inc. (NYSE:PRI) have received a consensus rating of “Hold” from the five analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $126.50.

Separately, Citigroup downgraded shares of Barrick Gold to a “neutral” rating in a research report on Thursday, May 23rd.

Shares of PRI traded up $0.87 on Monday, hitting $122.01. 166,600 shares of the stock traded hands, compared to its average volume of 243,776. The stock has a market cap of $5.13 billion, a P/E ratio of 16.65 and a beta of 1.40. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.57 and a quick ratio of 0.57. The firm has a 50 day simple moving average of $121.81. Primerica has a one year low of $90.28 and a one year high of $132.17.

Primerica (NYSE:PRI) last posted its earnings results on Tuesday, May 7th. The financial services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.03. Primerica had a net margin of 17.44% and a return on equity of 22.89%. The business had revenue of $494.99 million during the quarter, compared to the consensus estimate of $498.57 million. During the same quarter in the previous year, the firm posted $1.47 EPS. The firm’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts forecast that Primerica will post 8.13 earnings per share for the current year.

In related news, CEO Glenn J. Williams sold 3,000 shares of Primerica stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $121.84, for a total transaction of $365,520.00. Following the transaction, the chief executive officer now owns 72,620 shares in the company, valued at approximately $8,848,020.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Peter W. Schneider sold 2,000 shares of Primerica stock in a transaction on Friday, May 31st. The shares were sold at an average price of $115.02, for a total transaction of $230,040.00. Following the transaction, the president now owns 32,790 shares in the company, valued at approximately $3,771,505.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,000 shares of company stock worth $834,940. 0.84% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRI. Norges Bank purchased a new position in shares of Primerica during the 4th quarter valued at $44,238,000. BlackRock Inc. lifted its stake in Primerica by 9.8% in the 1st quarter. BlackRock Inc. now owns 4,904,716 shares of the financial services provider’s stock worth $599,112,000 after purchasing an additional 438,672 shares in the last quarter. FMR LLC lifted its stake in Primerica by 11.9% in the 4th quarter. FMR LLC now owns 2,448,912 shares of the financial services provider’s stock worth $239,283,000 after purchasing an additional 260,990 shares in the last quarter. Geode Capital Management LLC lifted its stake in Primerica by 11.1% in the 4th quarter. Geode Capital Management LLC now owns 500,512 shares of the financial services provider’s stock worth $48,905,000 after purchasing an additional 49,999 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Primerica in the 1st quarter worth $4,886,000. Institutional investors own 91.31% of the company’s stock.

Primerica Company Profile

Primerica, Inc, together with its subsidiaries, provides financial products to middle income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It underwrites individual term life insurance products.

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