Primerica Inc (NYSE:PRI) Institutional Investors Sentiment Index Crashed in 2017 Q4

May 16, 2018 - By Nicole Peterson

Primerica, Inc. (NYSE:PRI) Logo

Sentiment for Primerica Inc (NYSE:PRI)

Primerica Inc (NYSE:PRI) institutional sentiment decreased to 0.97 in Q4 2017. Its down -0.04, from 1.01 in 2017Q3. The ratio fall, as 109 investment managers increased and opened new holdings, while 112 trimmed and sold positions in Primerica Inc. The investment managers in our partner’s database reported: 41.09 million shares, down from 43.39 million shares in 2017Q3. Also, the number of investment managers holding Primerica Inc in their top 10 holdings increased from 2 to 3 for an increase of 1. Sold All: 20 Reduced: 92 Increased: 66 New Position: 43.

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 $4.16 billion. The firm operates in three divisions: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It has a 12.5 P/E ratio. It underwrites individual term life insurance products.

The stock increased 0.32% or $0.3 during the last trading session, reaching $95.1. About 53,546 shares traded. Primerica, Inc. (NYSE:PRI) has risen 22.61% since May 16, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

Analysts await Primerica, Inc. (NYSE:PRI) to report earnings on August, 14. They expect $1.87 EPS, up 37.50 % or $0.51 from last year’s $1.36 per share. PRI’s profit will be $81.78M for 12.71 P/E if the $1.87 EPS becomes a reality. After $1.47 actual EPS reported by Primerica, Inc. for the previous quarter, Wall Street now forecasts 27.21 % EPS growth.

Brave Warrior Advisors Llc holds 6.05% of its portfolio in Primerica, Inc. for 1.40 million shares. Quantum Capital Management Llc Nj owns 187,676 shares or 5.68% of their US portfolio. Moreover, Kayne Anderson Rudnick Investment Management Llc has 2.98% invested in the company for 3.62 million shares. The New York-based Walthausen & Co. Llc has invested 2.1% in the stock. Academy Capital Management Inc Tx, a Texas-based fund reported 67,046 shares.

Since January 1, 0001, it had 0 insider buys, and 7 selling transactions for $1.92 million activity.

Primerica, Inc. (NYSE:PRI) Ratings Coverage

Ratings analysis reveals 0 of Primerica’s analysts are positive. Out of 2 Wall Street analysts rating Primerica, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $100.0 while the high is $113.0. The stock’s average target of $105 is 10.41% above today’s ($95.1) share price. PRI was included in 3 notes of analysts from December 21, 2017. The firm has “Hold” rating given on Tuesday, January 9 by Wells Fargo. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The firm has “Hold” rating given on Wednesday, April 11 by Keefe Bruyette & Woods.

More important recent Primerica, Inc. (NYSE:PRI) news were published by: Streetinsider.com which released: “Primerica (PRI) Misses Q1 EPS by 2c, Slight Beat on Revenues” on May 08, 2018, also Globenewswire.com published article titled: “Recent Analysis Shows Liberty Broadband, Primerica, Adtalem Global Education, Newpark Resources, Varian Medical …”, Seekingalpha.com published: “Primerica’s (PRI) CEO Glenn Williams on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018. More interesting news about Primerica, Inc. (NYSE:PRI) was released by: Businesswire.com and their article: “Primerica Reports First Quarter 2018 Results” with publication date: May 08, 2018.

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

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