Renaissancere Holdings LTD. (NYSE:RNR) had a decrease of 16.67% in short interest. RNR’s SI was 1.14M shares in May as released by FINRA. Its down 16.67% from 1.37M shares previously. With 256,500 avg volume, 5 days are for Renaissancere Holdings LTD. (NYSE:RNR)’s short sellers to cover RNR’s short positions. The SI to Renaissancere Holdings LTD.’s float is 2.92%. The stock increased 0.79% or $0.99 during the last trading session, reaching $127. About 248,606 shares traded. RenaissanceRe Holdings Ltd. (NYSE:RNR) has declined 7.43% since May 22, 2017 and is downtrending. It has underperformed by 18.98% the S&P500.
RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage
Among 15 analysts covering RenaissanceRe (NYSE:RNR), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. RenaissanceRe had 32 analyst reports since October 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, April 8 by Citigroup. Keefe Bruyette & Woods maintained the shares of RNR in report on Monday, December 4 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of RNR in report on Monday, June 26 with “Hold” rating. As per Friday, July 28, the company rating was downgraded by J.P. Morgan. On Wednesday, October 14 the stock rating was upgraded by Bernstein to “Mkt Perform”. UBS maintained RenaissanceRe Holdings Ltd. (NYSE:RNR) rating on Tuesday, September 19. UBS has “Neutral” rating and $136 target. Deutsche Bank downgraded the shares of RNR in report on Monday, November 21 to “Hold” rating. Wells Fargo maintained it with “Hold” rating and $125.0 target in Tuesday, January 9 report. The rating was upgraded by Goldman Sachs on Tuesday, November 15 to “Neutral”. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) earned “Buy” rating by Citigroup on Friday, February 9.
Investors sentiment decreased to 0.73 in 2017 Q4. Its down 0.17, from 0.9 in 2017Q3. It dived, as 47 investors sold RenaissanceRe Holdings Ltd. shares while 100 reduced holdings. 38 funds opened positions while 70 raised stakes. 37.13 million shares or 1.17% more from 36.70 million shares in 2017Q3 were reported. Fmr Ltd Liability accumulated 0.03% or 2.07M shares. Architects Inc, New Jersey-based fund reported 2,000 shares. Guggenheim Capital reported 0% stake. Prospector Ltd Liability, Connecticut-based fund reported 117,074 shares. The Michigan-based Greenleaf Tru has invested 0% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Mitsubishi Ufj Trust holds 116,993 shares. Employees Retirement Systems Of Texas invested in 6,000 shares or 0.01% of the stock. Envestnet Asset Mgmt Inc reported 5,933 shares stake. Earnest Prtn Lc holds 0.36% or 300,803 shares. Verition Fund Mngmt Limited Co holds 0.06% or 5,020 shares. Whittier Trust Communication reported 0% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Moreover, Federated Investors Incorporated Pa has 0.01% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 19,497 shares. Cibc Asset Mngmt Incorporated has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 5,043 shares. Meiji Yasuda Asset Com Limited has 0.1% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 8,750 shares. Kempen Capital Management Nv owns 18,997 shares for 0.19% of their portfolio.
RenaissanceRe Holdings Ltd. together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. The company has market cap of $5.11 billion. The firm operates through Property, and Casualty and Specialty divisions. It currently 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 news for RenaissanceRe Holdings Ltd. (NYSE:RNR) were recently published by: Seekingalpha.com, which released: “RenaissanceRe Holdings’ (RNR) CEO Kevin O’Donnell on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Prnewswire.com‘s article titled: “Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups” and published on May 10, 2018 is yet another important article.
The stock increased 0.64% or $1.3 during the last trading session, reaching $203.06. About 505,813 shares traded. Lear Corporation (NYSE:LEA) has risen 33.95% since May 22, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.
Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 25. They expect $5.07 EPS, up 15.49% or $0.68 from last year’s $4.39 per share. LEA’s profit will be $336.24 million for 10.01 P/E if the $5.07 EPS becomes a reality. After $5.10 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts -0.59% negative EPS growth.
Since February 16, 2018, it had 0 insider buys, and 10 selling transactions for $46.04 million activity. The insider Larkin Terrence B sold 22,756 shares worth $4.33 million. 100,000 shares valued at $19.01M were sold by Simoncini Matthew on Friday, February 16. 5,373 Lear Corporation (NYSE:LEA) shares with value of $1.02 million were sold by BURGESS SHARI L. $3.28M worth of Lear Corporation (NYSE:LEA) was sold by STEPHENS MEL. SCOTT RAYMOND E sold 25,545 shares worth $4.86M. The insider Orsini Frank C sold 21,706 shares worth $4.13M. Vanneste Jeffrey H. also sold $3.88 million worth of Lear Corporation (NYSE:LEA) on Friday, February 16.
Lear Corporation designs, develops, engineers, makes, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. The company has market cap of $13.47 billion. It operates in two divisions, Seating and E-Systems. It has a 10.92 P/E ratio. The Seating segment provides seat systems and related components, including leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems.
Among 21 analysts covering Lear Corporation (NYSE:LEA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Lear Corporation has $243 highest and $111 lowest target. $191.06’s average target is -5.91% below currents $203.06 stock price. Lear Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, January 12. Cowen & Co maintained it with “Buy” rating and $196.0 target in Thursday, October 26 report. The firm earned “Buy” rating on Tuesday, January 23 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, August 2 by Citigroup. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, October 27. Cowen & Co maintained it with “Buy” rating and $220.0 target in Thursday, January 18 report. The rating was maintained by Susquehanna on Wednesday, March 14 with “Hold”. The company was initiated on Monday, September 25 by Cowen & Co. Cowen & Co maintained Lear Corporation (NYSE:LEA) on Friday, January 26 with “Buy” rating. The firm earned “Neutral” rating on Thursday, October 26 by Guggenheim.
Investors sentiment increased to 0.96 in Q4 2017. Its up 0.04, from 0.92 in 2017Q3. It increased, as 26 investors sold Lear Corporation shares while 172 reduced holdings. 50 funds opened positions while 141 raised stakes. 58.04 million shares or 3.12% less from 59.92 million shares in 2017Q3 were reported. Adage Capital Prtn Grp Incorporated Ltd Liability Co has invested 0.02% in Lear Corporation (NYSE:LEA). Chevy Chase Tru stated it has 1,260 shares. Paradice Investment Mngmt Limited Liability holds 5.73% or 443,104 shares. Acadian Asset Ltd Liability Co has invested 0.01% in Lear Corporation (NYSE:LEA). Deutsche Bankshares Ag reported 189,923 shares stake. Illinois-based Envestnet Asset Incorporated has invested 0.01% in Lear Corporation (NYSE:LEA). Axa holds 0.1% or 137,354 shares. Hussman Strategic Advsr has 25,500 shares. Pictet Asset Management Limited has 0.01% invested in Lear Corporation (NYSE:LEA) for 24,248 shares. Gotham Asset Mgmt Ltd Llc holds 90,735 shares. Arizona State Retirement System holds 0.04% of its portfolio in Lear Corporation (NYSE:LEA) for 20,615 shares. 16,162 are held by James Investment Inc. Prudential Public Ltd Liability stated it has 1,400 shares. 717 were reported by Plante Moran Fincl Advsrs Ltd Liability Corporation. Pensionfund Dsm Netherlands stated it has 16,000 shares.
After the publishing of a report filled with DC-based SEC; a insider trading trade became apparent. The director of Lear Corp, Greg Smith; executed a sale in the open market by selling 1,789 shares at the avg market share price which was $201.5 of the stock exchange listed company having an approx. value of $360,537 USD. Greg Smith today has ownership of 10,349 shares which are equivalent to around 0.02% of the Michigan-based company’s total market capitalization.