As Renaissancere Holdings Lt (RNR) Shares Rose, Timessquare Capital Management LLC Has Trimmed Stake

Investors sentiment increased to 1.17 in Q1 2019. Its up 0.33, from 0.84 in 2018Q4. It improved, as 18 investors sold RNR shares while 82 reduced holdings. 25 funds opened positions while 92 raised stakes. 40.99 million shares or 0.38% less from 41.14 million shares in 2018Q4 were reported. Franklin Resources invested in 282,380 shares or 0.02% of the stock. Sei Invs reported 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Commonwealth Of Pennsylvania School Empls Retrmt Sys holds 0.02% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 7,436 shares. Tdam Usa Incorporated has invested 0.03% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Utah Retirement Systems, Utah-based fund reported 7,522 shares. Fjarde Ap has 0.03% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 18,055 shares. Whittier Co Of Nevada invested in 114 shares or 0% of the stock. Moreover, Quantitative Invest Ltd Limited Liability Company has 0.09% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR). Archford Strategies Ltd Llc holds 0% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 27 shares. State Street owns 0.02% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 2.14 million shares. Cubist Systematic Strategies Ltd Liability Corp holds 0.03% in RenaissanceRe Holdings Ltd. (NYSE:RNR) or 7,220 shares. Captrust Advsrs invested in 565 shares or 0% of the stock. Shine Invest Advisory has 0.01% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 193 shares. Cwm Ltd Company accumulated 0% or 7 shares. Amalgamated Savings Bank invested in 8,172 shares or 0.03% of the stock.

Timessquare Capital Management Llc decreased its stake in Renaissancere Holdings Lt (RNR) by 10.65% based on its latest 2019Q1 regulatory filing with the SEC. Timessquare Capital Management Llc sold 119,650 shares as the company’s stock rose 16.11% . The institutional investor held 1.00M shares of the property-casualty insurers company at the end of 2019Q1, valued at $144.11 million, down from 1.12M at the end of the previous reported quarter. Timessquare Capital Management Llc who had been investing in Renaissancere Holdings Lt for a number of months, seems to be less bullish one the $8.30 billion market cap company. The stock increased 1.24% or $2.3 during the last trading session, reaching $187.84. About 222,346 shares traded. RenaissanceRe Holdings Ltd. (NYSE:RNR) has risen 37.18% since August 15, 2018 and is uptrending. It has outperformed by 37.18% the S&P500.

Timessquare Capital Management Llc, which manages about $20.35 billion and $12.98B US Long portfolio, upped its stake in Focus Financial Partners by 369,700 shares to 1.26 million shares, valued at $44.94 million in 2019Q1, according to the filing. It also increased its holding in Exlservice Holdings Inc (NASDAQ:EXLS) by 55,770 shares in the quarter, for a total of 980,836 shares, and has risen its stake in Apergy Corporation.

Analysts await RenaissanceRe Holdings Ltd. (NYSE:RNR) to report earnings on October, 29. They expect $2.73 EPS, up 425.00 % or $2.21 from last year’s $0.52 per share. RNR’s profit will be $120.56 million for 17.20 P/E if the $2.73 EPS becomes a reality. After $4.78 actual EPS reported by RenaissanceRe Holdings Ltd. for the previous quarter, Wall Street now forecasts -42.89 % negative EPS growth.

More notable recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by: Seekingalpha.com which released: “Arch Capital Sliding Back To An Interesting Long-Term Valuation – Seeking Alpha” on March 16, 2018, also Businesswire.com with their article: “TimesSquare Issues Letter to RenaissanceRe Board of Directors – Business Wire” published on October 02, 2018, Businesswire.com published: “RenaissanceRe Announces Receipt of All Regulatory Approvals for Acquisition of Tokio Millennium Re – Business Wire” on March 12, 2019. More interesting news about RenaissanceRe Holdings Ltd. (NYSE:RNR) were released by: Seekingalpha.com and their article: “RenaissanceRe Continues To Do Things Its Own Way – Seeking Alpha” published on December 12, 2018 as well as Seekingalpha.com‘s news article titled: “RenaissanceRe Q2 2019 Earnings Preview – Seeking Alpha” with publication date: July 22, 2019.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage

Among 5 analysts covering RenaissanceRe Holdings (NYSE:RNR), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. RenaissanceRe Holdings has $19300 highest and $130 lowest target. $175.50’s average target is -6.57% below currents $187.84 stock price. RenaissanceRe Holdings had 12 analyst reports since March 20, 2019 according to SRatingsIntel. JP Morgan maintained the shares of RNR in report on Wednesday, July 24 with “Neutral” rating. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Equal-Weight” rating given on Wednesday, August 7 by Morgan Stanley. As per Tuesday, April 9, the company rating was maintained by UBS. The rating was maintained by Barclays Capital on Monday, July 1 with “Underweight”. The stock has “Underweight” rating by Barclays Capital on Monday, April 1. As per Thursday, July 11, the company rating was maintained by Wells Fargo. Deutsche Bank maintained the stock with “Buy” rating in Thursday, May 16 report.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Chart

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