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Research Reports Initiation on Life Insurance Stocks -- American Equity Investment Life, Prudential, Torchmark, and Primerica

PRI, PUK, ANG.PR.A

PR Newswire

NEW YORK, February 17, 2017 /PRNewswire/ --

Stock-Callers.com presents four equities in the Life Insurance space for evaluation today: American Equity Investment Life Holding Co. (NYSE: AEL), Prudential PLC (NYSE: PUK), Torchmark Corp. (NYSE: TMK), and Primerica Inc. (NYSE: PRI). According to Moody's report titled, "Life Insurance-Global: 2017 Outlook-Low Interest Rates, Risk of High Volatility and Legislative Changes Turn Outlook To Negative", the outlook on the global Life Insurance sector for this year has been moved to negative from stable, due to persistently low interest rates, rising volatility in the financial markets, and legislative changes. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

American Equity Investment Life  

On Thursday, shares in Iowa-based American Equity Investment Life Holding Co. recorded a trading volume of 360,542 shares. The stock ended the session 0.37% lower at $27.18. The Company's shares have gained 17.92% in the last one month, 26.31% over the previous three months, and 20.59% since the start of this year. The stock is trading 16.31% above its 50-day moving average and 48.32% above its 200-day moving average. Moreover, shares of American Equity Investment Life Holding, which through its subsidiaries, develops and sells fixed index and fixed rate annuity products in the US, have a Relative Strength Index (RSI) of 74.19.

On February 08th, 2017, American Equity Investment Life Holding reported Q4 2016 net income of $120.8 million, or $1.35 per diluted common share, compared to net income of $33.8 million, or $0.40 per diluted common share, for Q4 2015. The Company's Policyholder funds under management at December 31st, 2016, were $45.2 billion, a $743 million or 1.7% increase, from the end of Q3 2016.

On February 13th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $25 a share to $30 a share. The free research report on AEL is available at:

http://stock-callers.com/registration/?symbol=AEL


Prudential  

London, the UK headquartered Prudential PLC's stock closed the day 0.44% lower at $40.77 with a total trading volume of 243,266 shares. The Company's shares have advanced 6.31% in the past month, 6.42% over the previous three months, and 2.46% on an YTD basis. The stock is trading 2.98% and 10.60% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Prudential, which together with its subsidiaries, provides a range of retail financial products and services, and asset management services to individuals and businesses primarily in Asia, the US, and the UK, have an RSI of 60.11.

On January 23rd, 2017, Jackson National Life Insurance Company®, an indirect subsidiary of Prudential announced the launch of Elite Access (EA) Advisory, the Company's first fee-based investment only variable annuity. EA Advisory is a variable annuity designed to enhance traditional investing with expertly-constructed portfolios, diverse investment options and tax advantages. The complimentary report on PUK can be downloaded at:

http://stock-callers.com/registration/?symbol=PUK


Torchmark  

Shares in McKinney, Texas headquartered Torchmark Corp. recorded a trading volume of 411,393 shares, and ended yesterday's trading session 0.56% higher at $77.42. The stock has advanced 4.89% in the past month, 10.83% in the previous three months, and 5.16% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 4.62% and 18.05%, respectively. Furthermore, shares of Torchmark, which through its subsidiaries, provides various life and health insurance products, and annuities in the US, Canada, and New Zealand, have an RSI of 73.91.

On February 01st, 2017, Torchmark reported net income of $1.12 per diluted common share for Q4 2016 compared to $1.07 per diluted common share for Q4 2016. The Company's net operating income from continuing operations for Q4 2016 was $1.15 per diluted common share, compared to $1.05 per diluted common share for Q4 2015. Visit us today and download our complete research report on TMK for free at:

http://stock-callers.com/registration/?symbol=TMK


Primerica  

Duluth, Georgia headquartered Primerica Inc.'s stock finished Thursday's session 0.06% higher at $80.50 with a total trading volume of 268,648 shares. The Company's shares have advanced 10.61% in the last one month, 14.75% over the previous three months, and 16.69% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.47% and 33.24%, respectively. Additionally, shares of Primerica, which together with its subsidiaries, distributes financial products to middle income households in the US and Canada, have an RSI of 75.60.

On January 26th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock.

On February 07th, 2017, Primerica's Board of Directors approved payment of a quarterly dividend of $0.19 per share for Q4 2016, up $0.01 per share over the previous dividend. The dividend will be payable on March 17th, 2017 to stockholders of record as of February 20th, 2017. Get free access to your technical report on PRI at:

http://stock-callers.com/registration/?symbol=PRI

--

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