RenaissanceRe Holdings Ltd. (NYSE:RNR) Weekly Ratings on May 17, 2018

May 17, 2018 - By Pearl Odom

Big Money Sentiment decreased to 0.73 in 2017 Q4. It has change of 0.17, from 2017Q3’s 0.9. The ratio dropped due to RenaissanceRe Holdings Ltd. positioning: 47 sold and 100 reduced. 38 funds took holdings and 70 increased holdings. Investors holded 36.70 million in 2017Q3 but now own 37.13 million shares or 1.17% more.
Panagora Asset reported 5,369 shs. Invesco Ltd owns 0.01% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 181,436 shs. Kempen Cap Mgmt Nv holds 18,997 shs or 0.19% of its capital. Johnson Inv Counsel invested 0.17% in RenaissanceRe Holdings Ltd. (NYSE:RNR). New York-based D E Shaw Incorporated has invested 0.09% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Moreover, State Street has 0.02% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 2.22M shs. Old Mutual Customised Solutions (Proprietary) Ltd owns 1,600 shs for 0.02% of their capital. Neville Rodie & Shaw Inc holds 0.04% or 2,700 shs. Gam Holdings Ag reported 0.03% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Bbva Compass Financial Bank has invested 0.05% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR). Earnest Prns Llc has 300,803 shs. Nordea Inv Mgmt Ab holds 1,189 shs. Thrivent Fincl For Lutherans has invested 0% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR). Bank Of Ny Mellon Corp has 606,020 shs for 0.02% of their capital. Morgan Stanley stated it has 0.01% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR).

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage

In total 4 analysts cover Renaissancere Holdings Ltd (NYSE:RNR). “Buy” rating has 1, “Sell” are 0, while 3 are “Hold”. 25% are bullish. 7 are the (NYSE:RNR)’s analyst reports since December 4, 2017 according to StockzIntelligence Inc. On Tuesday, April 10 the rating was maintained by Citigroup with “Buy”. On Monday, December 4 the rating was maintained by Keefe Bruyette & Woods with “Hold”. On Friday, May 4 the firm earned “Buy” rating by Citigroup. On Tuesday, January 9 Wells Fargo maintained the shares of RNR in report with “Hold” rating. On Friday, February 9 the stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Buy” rating given by Citigroup. On Thursday, February 1 the stock has “Hold” rating by Keefe Bruyette & Woods. Listed here are RenaissanceRe Holdings Ltd. (NYSE:RNR) PTs and latest ratings.

04/05/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $161 New Target: $149 Maintain
10/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $152 New Target: $161 Maintain
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $149 New Target: $152 Maintain
01/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $143.0 Maintain
08/01/2018 Broker: Barclays Capital Rating: Hold New Target: $130.0
09/01/2018 Broker: Wells Fargo Rating: Hold New Target: $125.0 Maintain
04/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $139.0 Maintain

RNR is reaching $127.35 during the last trading session, after decreased 1.00%.Currently RenaissanceRe Holdings Ltd. is downtrending after 7.43% change in last May 17, 2017. RNR has also 54,059 shares volume. The stock underperformed the S&P 500 by 18.98%.

RenaissanceRe Holdings Ltd. together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally.The company has $5.13 billion market cap. The firm operates through Property, and Casualty and Specialty divisions.Currently it has negative earnings. The Property segment writes property catastrophe excess of loss reinsurance contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, such as earthquakes, hurricanes, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, including proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance.

More recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were released by Prnewswire.com, Businesswire.com and Seekingalpha.com. The first one has “Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups” as a title and was released on May 10, 2018. The next is “RenaissanceRe Reports Net Income of $56.7 Million for the First Quarter of 2018, or $1.42 Per Diluted Common Share …” on May 01, 2018. And last was released on May 02, 2018, called “RenaissanceRe Holdings’ (RNR) CEO Kevin O’Donnell on Q1 2018 Results – Earnings Call Transcript”.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Analyst Ratings Chart

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