Renaissancere Holdings LTD (RNR) investors sentiment increased to 0.9 in Q1 2018. It’s up 0.17, from 0.73 in 2017Q4. The ratio increased, as 113 active investment managers increased or started new positions, while 126 decreased and sold their stock positions in Renaissancere Holdings LTD. The active investment managers in our database now hold: 37.68 million shares, up from 37.13 million shares in 2017Q4. Also, the number of active investment managers holding Renaissancere Holdings LTD in top ten positions increased from 5 to 6 for an increase of 1. Sold All: 28 Reduced: 98 Increased: 77 New Position: 36.
Amg National Trust Bank increased Halliburton Company (HAL) stake by 28.1% reported in 2018Q1 SEC filing. Amg National Trust Bank acquired 11,310 shares as Halliburton Company (HAL)’s stock rose 4.06%. The Amg National Trust Bank holds 51,556 shares with $2.42M value, up from 40,246 last quarter. Halliburton Company now has $39.49 billion valuation. The stock decreased 1.37% or $0.6255 during the last trading session, reaching $45.0845. About 2.35 million shares traded. Halliburton Company (NYSE:HAL) has risen 10.53% since June 21, 2017 and is uptrending. It has underperformed by 2.04% the S&P500. Some Historical HAL News: 23/04/2018 – HALLIBURTON EXPECTS STRENGTHENING ACTIVITY IN NORTH AMERICA TO SUPPORT 2Q GROWTH IN COMPLETIONS AND PRODUCTION BUSINESS; 23/04/2018 – Halliburton 1Q Operating Income Was $354 Million; 25/05/2018 – Halliburton Closes Below 50-Day Moving Average: Technicals; 23/04/2018 – Halliburton writes off investment in crisis-hit Venezuela; 03/04/2018 – Halliburton Locks Up Top Talent as Oil Rivals Recruit (Correct); 23/04/2018 – Halliburton 1Q Rev $5.7B; 10/05/2018 – Templeton Adds Goldcorp, Exits Halliburton, Cuts Amgen: 13F; 23/04/2018 – HALLIBURTON: RAIL, TRUCKING, LABOR ARE TIGHTEST IN SUPPLY CHAIN; 23/04/2018 – Halliburton revenue jumps 34%; 13/04/2018 – News 5 WCYB: BREAKING: Washington County Dir. of Schools Kimber Halliburton finalist for top public school post in Alabama.…
More recent Halliburton Company (NYSE:HAL) news were published by: Seekingalpha.com which released: “Halliburton’s Stars Aligned For Multi-Year Move Higher” on June 14, 2018. Also Seekingalpha.com published the news titled: “Equinor awards $3.7B in deals to Baker Hughes, Halliburton, Schulumberger” on June 18, 2018. Benzinga.com‘s news article titled: “US, China Trade Tensions Keeping Stock Market Under Pressure” with publication date: June 18, 2018 was also an interesting one.
Since January 2, 2018, it had 0 insider purchases, and 10 selling transactions for $8.39 million activity. Another trade for 12,977 shares valued at $713,475 was sold by Brown James S. On Monday, January 22 Carre Eric sold $1.58M worth of Halliburton Company (NYSE:HAL) or 28,653 shares. On Friday, January 5 the insider Beaty Anne L. sold $151,459. The insider McKeon Timothy sold $251,835. Another trade for 39,287 shares valued at $2.16M was sold by Voyles Robb L.. Another trade for 29,025 shares valued at $1.60M was sold by Miller Jeffrey Allen.
Amg National Trust Bank decreased Ishares (IYE) stake by 178,293 shares to 443,462 valued at $16.40 million in 2018Q1. It also reduced Johnson & Johnson (NYSE:JNJ) stake by 12,150 shares and now owns 5,122 shares. United (NYSE:UTX) was reduced too.
Among 42 analysts covering Halliburton Company (NYSE:HAL), 38 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Halliburton Company had 160 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, January 22, the company rating was upgraded by Guggenheim. The firm has “Buy” rating by Seaport Global given on Tuesday, January 23. The rating was maintained by Credit Suisse with “Buy” on Thursday, June 29. Jefferies maintained the shares of HAL in report on Tuesday, January 23 with “Buy” rating. The firm has “Buy” rating given on Wednesday, April 6 by Deutsche Bank. The stock of Halliburton Company (NYSE:HAL) earned “Hold” rating by Cowen & Co on Tuesday, October 24. The firm earned “Buy” rating on Thursday, July 13 by BMO Capital Markets. FBR Capital maintained the stock with “Outperform” rating in Friday, October 14 report. The rating was maintained by Citigroup on Monday, April 25 with “Buy”. The firm has “Hold” rating by Cowen & Co given on Thursday, March 15.
Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.14, from 1.15 in 2017Q4. It turned negative, as 52 investors sold HAL shares while 306 reduced holdings. 96 funds opened positions while 265 raised stakes. 671.63 million shares or 0.57% less from 675.47 million shares in 2017Q4 were reported. Telemark Asset Mgmt Ltd Llc reported 200,000 shares or 1.37% of all its holdings. Sumitomo Life Insurance Co has 25,290 shares. Shell Asset Mgmt, a Netherlands-based fund reported 155,444 shares. Texas Permanent School Fund reported 0.14% in Halliburton Company (NYSE:HAL). Afam Capital has 0.43% invested in Halliburton Company (NYSE:HAL). Shine Investment Advisory Services reported 702 shares stake. Welch Gru Ltd Limited Liability Company holds 0.02% of its portfolio in Halliburton Company (NYSE:HAL) for 3,220 shares. Stephens Ar accumulated 21,715 shares or 0.04% of the stock. Silvercrest Asset Gru Lc holds 0.67% of its portfolio in Halliburton Company (NYSE:HAL) for 1.45M shares. Appleton Prtn Ma stated it has 0.04% in Halliburton Company (NYSE:HAL). Dubuque Financial Bank Tru holds 0% or 210 shares in its portfolio. Waratah Capital reported 122,704 shares. Investment Counselors Of Maryland Limited Liability Corp invested in 0.04% or 15,670 shares. Mirae Asset Invests Company Limited, a Korea-based fund reported 89,269 shares. Cap One National Association has 99,738 shares for 0.33% of their portfolio.
The stock decreased 1.32% or $1.64 during the last trading session, reaching $122.67. About 32,849 shares traded. RenaissanceRe Holdings Ltd. (RNR) has declined 11.43% since June 21, 2017 and is downtrending. It has underperformed by 24.00% the S&P500. Some Historical RNR News: 01/05/2018 – RenaissanceRe 1Q Rev $418M; 27/03/2018 – RENAISSANCERE TERMINATED LETTER OF CREDIT AGREEMENT; 01/05/2018 – RenaissanceRe 1Q Adj EPS $3.40; 01/05/2018 – RenaissanceRe: Book Value $100.29/Share at 1Q End; 01/05/2018 – RenaissanceRe 1Q Net $62.3M; 28/03/2018 – RenaissanceRe Closes Above 200-Day Moving Average: Technicals; 27/03/2018 – RENAISSANCERE HOLDINGS SAYS EFFECTIVE MARCH 23, TERMINATED STANDBY LETTER OF CREDIT AGREEMENT, DATED MAY 19, 2015 – SEC FILING; 01/05/2018 – RENAISSANCERE 1Q NET PREMIUMS EARNED $440.3M; 01/05/2018 – RENAISSANCERE 1Q OPER EPS $3.40, EST. $2.65; 10/05/2018 – Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power lnsurtech Startups
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 $4.94 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.
Abrams Bison Investments Llc holds 13.56% of its portfolio in RenaissanceRe Holdings Ltd. for 625,657 shares. Lagoda Investment Management L.P. owns 154,803 shares or 8.09% of their US portfolio. Moreover, Arga Investment Management Lp has 6.29% invested in the company for 398,416 shares. The Illinois-based New Vernon Investment Management Llc has invested 3.64% in the stock. Dynamic Capital Management Ltd, a United Kingdom-based fund reported 10,278 shares.
Another recent and important RenaissanceRe Holdings Ltd. (NYSE:RNR) news was published by Businesswire.com which published an article titled: “RenaissanceRe Announces $250 Million Public Offering of Depositary Shares Representing 5.75% Series F …” on June 11, 2018.
Analysts await RenaissanceRe Holdings Ltd. (NYSE:RNR) to report earnings on July, 24. They expect $2.50 earnings per share, down 10.39% or $0.29 from last year’s $2.79 per share. RNR’s profit will be $100.62 million for 12.27 P/E if the $2.50 EPS becomes a reality. After $3.40 actual earnings per share reported by RenaissanceRe Holdings Ltd. for the previous quarter, Wall Street now forecasts -26.47% negative EPS growth.