Reinsurance stock is trading -10.64% below its average target price of $245.38 after marking a 1.3% during today's morning session. Analysts are giving the Large-Cap Life Insurance company an average rating of buy and target prices ranging from $222.0 to $274.0 per share.
Reinsurance's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.6%. The stock's short ratio is 1.09. The company's insiders own 0.41% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 97.0%. In conclusion, we believe there is mixed market sentiment regarding Reinsurance.
Institutions Invested in Reinsurance
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2024-06-30 | Blackrock Inc. | 12% | 7,700,922 | $1,688,619,624 |
2024-06-30 | Vanguard Group Inc | 11% | 7,151,433 | $1,568,130,427 |
2024-06-30 | FMR, LLC | 8% | 5,083,006 | $1,114,576,109 |
2024-06-30 | Earnest Partners LLC | 4% | 2,628,129 | $576,282,970 |
2024-06-30 | State Street Corporation | 3% | 2,226,975 | $488,319,929 |
2024-06-30 | Harris Associates L.P. | 3% | 2,219,875 | $486,763,077 |
2024-06-30 | Bank of America Corporation | 2% | 1,605,777 | $352,106,741 |
2024-06-30 | American Century Companies Inc | 2% | 1,415,011 | $310,276,528 |
2024-06-30 | Morgan Stanley | 2% | 1,389,353 | $304,650,370 |
2024-06-30 | Rockefeller Capital Management L.P. | 2% | 1,373,250 | $301,119,385 |