<div id="readability-page-1"><p>First Trust Advisors LP lifted its stake in shares of  Primerica, Inc. (NYSE:PRI - Free Report) by 35.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 437,925 shares of the financial services provider's stock after acquiring an additional 115,754 shares during the quarter. First Trust Advisors LP owned 1.35% of Primerica worth $119,847,000 at the end of the most recent reporting period.</p><p>Other hedge funds have also modified their holdings of the company. Olympiad Research LP lifted its holdings in shares of  Primerica by 3.9% during the second quarter. Olympiad Research LP now owns 1,061 shares of the financial services provider's stock valued at $290,000 after purchasing an additional 40 shares during the last quarter.  Ascent Group LLC raised its holdings in  Primerica by 7.4% during the 2nd quarter. Ascent Group LLC now owns 785 shares of the financial services provider's stock worth $215,000 after buying an additional 54 shares during the period.  State Board of Administration of Florida Retirement System raised its holdings in  Primerica by 0.3% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 22,844 shares of the financial services provider's stock worth $6,252,000 after buying an additional 60 shares during the period.  CW Advisors LLC lifted its stake in  Primerica by 7.9% during the second quarter. CW Advisors LLC now owns 924 shares of the financial services provider's stock valued at $253,000 after buying an additional 68 shares in the last quarter.  Finally, State of New Jersey Common Pension Fund D boosted its holdings in shares of  Primerica by 0.7% in the second quarter. State of New Jersey Common Pension Fund D now owns 9,568 shares of the financial services provider's stock worth $2,618,000 after buying an additional 69 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Primerica Trading Up 0.2%</h2><p>PRI opened at $253.18 on Friday. The stock has a fifty day moving average price of $262.37 and a 200 day moving average price of $265.83. Primerica, Inc. has a 1 year low of $230.98 and a 1 year high of $298.75. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 11.63 and a beta of 0.90. </p><p>Primerica (NYSE:PRI - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $6.33 earnings per share for the quarter, topping analysts' consensus estimates of $5.52 by $0.81. The company had revenue of $838.88 million during the quarter, compared to the consensus estimate of $817.81 million. Primerica had a return on equity of 31.75% and a net margin of 22.36%.The business's quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the business earned $4.83 EPS.  As a group, sell-side analysts forecast that  Primerica, Inc. will post 20.6 earnings per share for the current fiscal year. </p><h2>Primerica Dividend Announcement</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 21st will be paid a $1.04 dividend. The ex-dividend date is Friday, November 21st. This represents a $4.16 dividend on an annualized basis and a yield of 1.6%. Primerica's payout ratio is 19.12%. </p><p>Primerica announced that its board has initiated a stock repurchase program on Wednesday, November 19th that authorizes the company to buyback $475.00 million in    shares. This buyback authorization authorizes the financial services provider to buy up to 5.8% of its stock  through open market purchases. Stock  buyback programs are generally an indication that the company's board believes its stock is undervalued. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts recently commented on the stock. Piper Sandler  set a $292.00 price target on shares of Primerica and gave the company a &#34;neutral&#34; rating in a research report on Tuesday, October 7th. Zacks Research raised Primerica from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Tuesday, October 21st. Morgan Stanley dropped their price target on Primerica from $306.00 to $301.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Monday, November 17th. Keefe, Bruyette &amp; Woods reduced their price objective on Primerica from $320.00 to $315.00 and set a &#34;market perform&#34; rating for the company in a research note on Tuesday, November 11th. Finally, BMO Capital Markets raised Primerica from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and lifted their target price for the company from $292.00 to $318.00 in a research note on Tuesday, September 23rd. One equities research analyst  has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued  a Hold rating to the stock. Based on data from MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $301.80.</p><p><b>Read Our Latest Stock Report on Primerica</b></p><h2>Insiders Place Their Bets</h2><p>In other news, President Peter W. Schneider sold 2,000 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $255.30, for a total transaction of $510,600.00. Following the transaction, the president owned 7,301 shares in the company, valued at $1,863,945.30. This represents a 21.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joel M. Babbit sold 700 shares of Primerica stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $255.00, for a total transaction of $178,500.00. Following the completion of the sale, the director directly owned 8,400 shares of the company's stock, valued at approximately $2,142,000. The trade was a 7.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,200 shares of company stock valued at $1,338,225 over the last ninety days. Corporate insiders own  0.61% of the company's stock. </p><h2>About Primerica</h2> (Free Report)<p>Primerica, Inc, together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Primerica</li><li>About the Markup Calculator</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>How to Calculate Stock Profit </li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>Insider Trades May Not Tell You What You Think</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><strong>Want to see what other hedge funds are holding PRI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Primerica, Inc. (NYSE:PRI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBSSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBSSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Primerica Right Now?</h2><p>Before you consider Primerica, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Primerica wasn't on the list.</p><p>While Primerica currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>First Trust Advisors LP increased its stake in Primerica, Inc. by 35.9% in Q2, owning 1.35% of the company worth $119.8 million. Primerica's Q3 earnings exceeded expectations with $6.33 EPS and $838.88 million revenue. The company announced a $475 million stock buyback program and a quarterly dividend of $1.04. Analysts have mixed ratings, with some upgrading to 'strong-buy' and others maintaining 'neutral' or 'market perform' ratings.</p>

Primerica, Inc. $PRI Stock Holdings Lifted by First Trust Advisors LP