*Renaissancere Holdings LTD (RNR) Stake Maintained by Arga Investment Management Lp

June 27, 2018 - By Anthony Rauscher

Big Money Sentiment increased to 0.9 in 2018 Q1. It has change of 0.17, from 2017Q4’s 0.73. The ratio is positive due to RNR positioning: 28 sold and 98 reduced. 36 funds acquired stakes and 77 increased stakes. Investors holded 37.13 million in 2017Q4 but now own 37.68 million shares or 1.48% more. Moreover, Cibc Asset Management has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 4,873 shs. Millennium Ltd Liability Corporation reported 0% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR). Daiwa Sb Invs holds 1,010 shs or 0.04% of its capital. First Wilshire Secs Mgmt has 23,820 shs for 0.91% of their capital. Federated Investors Inc Pa has invested 0.01% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Neville Rodie & Shaw owns 2,700 shs for 0.04% of their capital. Great West Life Assurance Can holds 136,384 shs or 0.05% of its capital. Northern Tru Corp holds 0.02% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 588,338 shs. Apg Asset Management Nv holds 0% or 15,868 shs in its capital. Livforsakringsbolaget Skandia Omsesidigt holds 0.87% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 18,469 shs. 4,864 were reported by Evercore Wealth Mgmt Limited Liability Com. Stifel Financial Corp holds 0.01% or 24,819 shs in its capital. Brandywine Glob Investment Mgmt Ltd Liability Co invested 0.1% of its capital in RenaissanceRe Holdings Ltd. (NYSE:RNR). Td Asset Mgmt Inc has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 12,143 shs. Advisory Service Limited Liability has invested 0.01% in RenaissanceRe Holdings Ltd. (NYSE:RNR).

RNR registered $289,853 net activity with 0 insider buys and 1 sale since May 29, 2018.

Arga Investment Management Lp’s stake in Renaissancere Holdings Ltd (RNR) is increased by 257.8% based on its latest 2018Q1 regulatory filing with the SEC. 287,065 shares were bought by Arga Investment Management Lp as the company’s stock declined 4.26% with the market. At the end of 2018Q1, the institutional investor held 398,416 shares of the property-casualty insurers company, valued at $55.19 million, up from 111,351 at the end of the previous reported quarter. Arga Investment Management Lp has cut its stake in and also reduced its holding in Melco Resorts & Entert (NASDAQ:MPEL) by 1.45 million shares in the quarter, for a total of 330,525 shares.

More recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by Seekingalpha.com, Businesswire.com and Businesswire.com. The first one has “RenaissanceRe Holdings: This 5.75% Preferred Stock Has Begun Trading On The NYSE” as a title and was published on June 23, 2018. The next is “RenaissanceRe Announces $250 Million Public Offering of Depositary Shares Representing 5.75% Series F …” on June 11, 2018. And last was published on June 14, 2018, called “RenaissanceRe Celebrates 25”.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage

In total 5 analysts cover Renaissancere Holdings Ltd (NYSE:RNR). “Buy” rating has 1, “Sell” are 0, while 4 are “Hold”. (NYSE:RNR) has 20% bullish analysts. With $161 highest and $125.0 lowest target price, Renaissancere Holdings Ltd has $135.60 average target price or 11.37% above the current ($121.76) price. 7 are the (NYSE:RNR)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. The company rating was maintained by Citigroup on Friday, February 9. On Thursday, February 1 Keefe Bruyette & Woods maintained the shares of RNR in report with “Hold” rating. On Tuesday, April 10 Citigroup maintained the shares of RNR in report with “Buy” rating. In Tuesday, January 9 report Wells Fargo maintained it with “Hold” rating and $125.0 target. The stock rating was maintained by Citigroup with “Buy” on Friday, May 4.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.