PRI Primerica Inc

The Primerica Household Budget Index™ (HBI™) for November is estimated at 100.7%, indicating a slight 0.2% increase in purchasing power for middle-income families compared to a year ago. While the overall Consumer Price Index (CPI) recorded 2.7% inflation, the HBI™, which focuses on necessity items for middle-income households, shows a 3.3% increase in costs from the previous year. This metric aims to provide a more specific view of how inflation and wage trends impact the financial well-being of middle-income Americans.

The Primerica Household Budget Index™ (HBI™) shows that purchasing power for middle-income Americans remained relatively unchanged in November, increasing by only 0.2% compared to a year ago. While the overall Consumer Price Index (CPI) recorded 2.7% inflation, the HBI™, which tracks necessity items for middle-income families, found costs rose by 3.3% year-over-year. This indicates that rising costs for essential goods are significantly impacting the financial stability of middle-income households.

Ellsworth Advisors LLC has acquired a new stake of 7,707 shares in Primerica, Inc. ($PRI) valued at approximately $2.06 million during the third quarter, making them one of several institutional investors who collectively own 90.88% of the company. Primerica has demonstrated strong financial performance, exceeding quarterly earnings and revenue expectations, and showcasing a robust return on equity and net margin. The company's board has also approved a significant share buyback program and declared a quarterly dividend, while analysts currently hold a consensus "Hold" rating with an average target price of $300.00.

Oak Thistle LLC has initiated a new position in Primerica, Inc. (NYSE:PRI) by purchasing 4,702 shares valued at approximately $1.305 million in the third quarter. This move comes amidst significant institutional ownership of about 90.88% of the stock. Primerica recently exceeded Q3 earnings expectations, reporting an EPS of $6.33 against an anticipated $5.52, and announced a $475 million share buyback program along with a quarterly dividend of $1.04.

Brave Warrior Advisors LLC has slightly reduced its stake in Primerica, Inc. (NYSE:PRI) by 1.3%, making it their 9th largest position, valued at $225.5 million. Other institutional investors like Invesco Ltd. and Dimensional Fund Advisors LP have increased their holdings, while company insiders have recently sold shares. Primerica has reported strong earnings, beating analyst estimates, and has authorized a $475 million stock repurchase program.

Quantum Capital Management LLC NJ has reduced its stake in Primerica, Inc. (NYSE:PRI) by 10.1% in Q2, now holding 233,959 shares valued at approximately $64.03 million. Primerica reported strong Q2 earnings, beating analyst estimates with $6.33 EPS and $838.9 million in revenue, leading to a 31.75% return on equity. The company also announced a quarterly dividend of $1.04 per share and authorized a $475 million share buyback program.