The SEVP of Reinsurance Group of America, (RGA), Alain Neemeh Sold 2,955 Shares of the Company; Trustmark National Bank Trust Department Has Lowered Darden Restaurants (DRI) Stake By $347,795

Darden Restaurants, Inc. (NYSE:DRI) Logo

Trustmark National Bank Trust Department decreased Darden Restaurants Inc (DRI) stake by 58.33% reported in 2017Q4 SEC filing. Trustmark National Bank Trust Department sold 3,661 shares as Darden Restaurants Inc (DRI)’s stock declined 12.63%. The Trustmark National Bank Trust Department holds 2,615 shares with $251,000 value, down from 6,276 last quarter. Darden Restaurants Inc now has $11.48 billion valuation. The stock increased 0.88% or $0.81 during the last trading session, reaching $92.72. About 41,710 shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 11.43% since May 8, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Analysts await Darden Restaurants, Inc. (NYSE:DRI) to report earnings on June, 26. They expect $1.35 EPS, up 14.41% or $0.17 from last year’s $1.18 per share. DRI’s profit will be $167.12 million for 17.17 P/E if the $1.35 EPS becomes a reality. After $1.71 actual EPS reported by Darden Restaurants, Inc. for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.

Trustmark National Bank Trust Department increased Total Sa (NYSE:TOT) stake by 30,976 shares to 57,620 valued at $3.19 million in 2017Q4. It also upped First Eagle (SGIIX) stake by 6,797 shares and now owns 112,603 shares. Amgen Inc (NASDAQ:AMGN) was raised too.

Since January 10, 2018, it had 0 insider buys, and 3 sales for $7.25 million activity. On Wednesday, January 10 the insider Cardenas Ricardo sold $1.05M. $5.79M worth of Darden Restaurants, Inc. (NYSE:DRI) was sold by LEE EUGENE I JR. Milanes Douglas J. had sold 4,300 shares worth $417,315 on Wednesday, January 10.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.08, from 0.96 in 2017Q3. It turned negative, as 46 investors sold DRI shares while 187 reduced holdings. 83 funds opened positions while 121 raised stakes. 103.03 million shares or 4.63% less from 108.03 million shares in 2017Q3 were reported. American National Communications Tx holds 139,670 shares or 0.67% of its portfolio. M&R Mngmt Inc invested in 0.03% or 1,300 shares. Vnbtrust National Association accumulated 4,050 shares or 0.23% of the stock. Nuwave Invest Management Limited Liability Corp has 2,557 shares. Earnest Prns Ltd Liability holds 0.57% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 615,863 shares. Burney Com reported 2,690 shares. Franklin Resources holds 17,731 shares. Moreover, Pub Employees Retirement Association Of Colorado has 0.02% invested in Darden Restaurants, Inc. (NYSE:DRI). First Republic Invest stated it has 0% in Darden Restaurants, Inc. (NYSE:DRI). Natixis holds 0.03% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI) for 34,509 shares. Los Angeles Mgmt Equity Research invested in 125,962 shares. Bridgewater Assoc Ltd Partnership owns 0.04% invested in Darden Restaurants, Inc. (NYSE:DRI) for 45,733 shares. Ftb Advsrs has 0.92% invested in Darden Restaurants, Inc. (NYSE:DRI) for 100,088 shares. First Manhattan Communications reported 2,229 shares stake. Whittier Tru has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI).

Among 27 analysts covering Darden Restaurants (NYSE:DRI), 17 have Buy rating, 0 Sell and 10 Hold. Therefore 63% are positive. Darden Restaurants had 111 analyst reports since August 25, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, December 19 by Stifel Nicolaus. The stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Hold” rating by SunTrust on Monday, December 11. Robert W. Baird upgraded the stock to “Outperform” rating in Wednesday, September 27 report. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, December 20 report. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Buy” rating given on Monday, April 18 by Citigroup. Maxim Group maintained the shares of DRI in report on Friday, March 24 with “Hold” rating. The stock has “Market Perform” rating by Bernstein on Thursday, May 26. The rating was initiated by SunTrust on Thursday, October 8 with “Neutral”. On Wednesday, September 27 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Credit Suisse on Wednesday, December 20 with “Hold”.

Another recent and important Darden Restaurants, Inc. (NYSE:DRI) news was published by Benzinga.com which published an article titled: “Bernstein: Buy The Dip In Darden Restaurants” on April 20, 2018.

More recent Reinsurance Group of America, Incorporated (NYSE:RGA) news were published by: Seekingalpha.com which released: “Reinsurance Group of America’s (RGA) CEO Anna Manning on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. Also Businesswire.com published the news titled: “RGA Appoints New Members to Board of Directors” on April 23, 2018. Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for MGM Growth Properties, Reinsurance Group of America ..” with publication date: April 27, 2018 was also an interesting one.

Investors sentiment decreased to 1.16 in 2017 Q4. Its down 0.02, from 1.18 in 2017Q3. It fall, as 15 investors sold Reinsurance Group of America, Incorporated shares while 145 reduced holdings. 65 funds opened positions while 121 raised stakes. 57.73 million shares or 0.41% more from 57.50 million shares in 2017Q3 were reported. Natixis accumulated 2,640 shares or 0% of the stock. 225 were accumulated by Ent Fincl Service Corporation. Oppenheimer Asset Management has 0.08% invested in Reinsurance Group of America, Incorporated (NYSE:RGA) for 21,994 shares. Bb&T Limited Liability reported 2,600 shares. Fmr Limited Liability holds 0.06% or 3.50M shares. Paloma Ptnrs Company invested 0.01% in Reinsurance Group of America, Incorporated (NYSE:RGA). Halsey Associate Ct has invested 0.04% in Reinsurance Group of America, Incorporated (NYSE:RGA). Caisse De Depot Et Placement Du Quebec has invested 0.42% in Reinsurance Group of America, Incorporated (NYSE:RGA). Andra Ap owns 0.1% invested in Reinsurance Group of America, Incorporated (NYSE:RGA) for 28,600 shares. Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma reported 0% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA). Gateway Invest Advisers Limited Liability Company invested 0% of its portfolio in Reinsurance Group of America, Incorporated (NYSE:RGA). Kbc Grp Nv has 5,334 shares for 0.01% of their portfolio. Brown Advisory stated it has 3,828 shares or 0% of all its holdings. 59,442 are owned by Meritage Port Mngmt. Diamond Hill Mngmt Inc has 0.35% invested in Reinsurance Group of America, Incorporated (NYSE:RGA) for 448,151 shares.

2,955 shares of Reinsurance Group Of America Inc were unloaded by Alain Neemeh, the firm’s SEVP. These insider shares are valued at approx. $454,072 which has been calculated on the basis of the average transactions stock price ($153.7 for every share). Alain Neemeh now owns 37,492 shares or 0.06% of Reinsurance Group Of America Inc’s market cap. This substantial trade was finished on May 8, 2018 and is ready for you on the SEC’s website.

Since February 16, 2018, it had 1 insider buy, and 1 sale for $17,359 activity. On Tuesday, May 1 MATSON – TIMOTHY T bought $44,745 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) or 300 shares. On Friday, February 16 Boot Arnoud W.A. sold $62,104 worth of Reinsurance Group of America, Incorporated (NYSE:RGA) or 400 shares.

Reinsurance Group of America, Incorporated engages in reinsurance business. The company has market cap of $9.95 billion. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. It has a 5.57 P/E ratio. The firm also provides reinsurance for mortality, morbidity, and lapse risk associated with products; and reinsurance for investment-related risks, as well as develops and markets technology solutions for the insurance industry.

Among 11 analysts covering Reinsurance Group of America (NYSE:RGA), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Reinsurance Group of America has $171.0 highest and $87 lowest target. $150.40’s average target is -2.48% below currents $154.23 stock price. Reinsurance Group of America had 33 analyst reports since November 17, 2015 according to SRatingsIntel. On Wednesday, February 24 the stock rating was upgraded by Goldman Sachs to “Neutral”. The stock of Reinsurance Group of America, Incorporated (NYSE:RGA) earned “Hold” rating by Wells Fargo on Tuesday, January 9. The rating was initiated by Wells Fargo on Friday, September 23 with “Market Perform”. RBC Capital Markets maintained Reinsurance Group of America, Incorporated (NYSE:RGA) rating on Friday, December 8. RBC Capital Markets has “Hold” rating and $165.0 target. The stock of Reinsurance Group of America, Incorporated (NYSE:RGA) has “Buy” rating given on Friday, July 15 by Goldman Sachs. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Underweight”. The stock of Reinsurance Group of America, Incorporated (NYSE:RGA) has “Neutral” rating given on Tuesday, October 4 by JP Morgan. The stock has “Neutral” rating by Goldman Sachs on Tuesday, January 3. The firm has “Hold” rating given on Tuesday, September 5 by RBC Capital Markets. Credit Suisse initiated the shares of RGA in report on Friday, October 7 with “Neutral” rating.

Reinsurance Group of America, Incorporated (NYSE:RGA) Institutional Positions Chart