Cooke & Bieler LP Increases Stake in Renaissancere (RNR)

Investors sentiment increased to 1.64 in Q2 2019. Its up 0.47, from 1.17 in 2019Q1. It improved, as 20 investors sold RNR shares while 71 reduced holdings. 51 funds opened positions while 98 raised stakes. 40.50 million shares or 1.18% less from 40.99 million shares in 2019Q1 were reported. State Of Alaska Department Of Revenue accumulated 9,516 shares. Financial Bank Of New York Mellon has invested 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Pzena Invest Management Ltd Company reported 4,376 shares. Mariner Limited Liability Co, Kansas-based fund reported 1,807 shares. Rbf Cap Limited Liability Corp, a California-based fund reported 20,000 shares. Advisor Partners has 1,143 shares. Hsbc Hldg Public Limited accumulated 0.01% or 28,528 shares. Manufacturers Life Communications The owns 71,839 shares. 5,463 are held by Piedmont Advsr. Bessemer Grp owns 3,115 shares. Robeco Institutional Asset Mngmt Bv invested in 53,607 shares or 0.03% of the stock. Meiji Yasuda Asset Mngmt Company accumulated 0.14% or 9,600 shares. Cubist Systematic Strategies Limited Liability Company has 21,881 shares. Dalton Greiner Hartman Maher & holds 0.83% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 50,693 shares. Jane Street Grp Limited Liability accumulated 1,531 shares or 0% of the stock.

Cooke & Bieler Lp increased its stake in Renaissancere (RNR) by 20.9% based on its latest 2019Q2 regulatory filing with the SEC. Cooke & Bieler Lp bought 162,198 shares as the company’s stock rose 16.11% . The institutional investor held 938,372 shares of the property-casualty insurers company at the end of 2019Q2, valued at $126.81M, up from 776,174 at the end of the previous reported quarter. Cooke & Bieler Lp who had been investing in Renaissancere for a number of months, seems to be bullish on the $8.43B market cap company. The stock increased 0.81% or $1.53 during the last trading session, reaching $190.84. About 122,582 shares traded. RenaissanceRe Holdings Ltd. (NYSE:RNR) has risen 37.18% since October 12, 2018 and is uptrending. It has outperformed by 37.18% the S&P500.

Cooke & Bieler Lp, which manages about $4.81B and $5.38B US Long portfolio, decreased its stake in Abbott Laboratories (NYSE:ABT) by 371,778 shares to 1.79M shares, valued at $95.50 million in 2019Q2, according to the filing. It also reduced its holding in Graco (NYSE:GGG) by 116,774 shares in the quarter, leaving it with 73,317 shares, and cut its stake in Crown Holdings (NYSE:CCK).

More notable recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by: Seekingalpha.com which released: “Renaissance Reinsurance: The Disciplined Underwriter – Seeking Alpha” on December 05, 2013, also Pehub.com with their article: “Apollo commits another $700 mln to Catalina Holdings – PE Hub” published on October 11, 2018, Seekingalpha.com published: “RenaissanceRe Continues To Do Things Its Own Way – Seeking Alpha” on December 12, 2018. More interesting news about RenaissanceRe Holdings Ltd. (NYSE:RNR) were released by: Seekingalpha.com and their article: “Searching For Value On The CCC List – Seeking Alpha” published on June 27, 2017 as well as Businesswire.com‘s news article titled: “A.M. Best Places Credit Ratings of RenaissanceRe Holdings Ltd. and Its Subsidiaries Under Review with Developing Implications – Business Wire” with publication date: November 02, 2018.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage

Among 4 analysts covering RenaissanceRe Holdings (NYSE:RNR), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. RenaissanceRe Holdings has $19300 highest and $16500 lowest target. $182’s average target is -4.63% below currents $190.84 stock price. RenaissanceRe Holdings had 10 analyst reports since May 11, 2019 according to SRatingsIntel. Deutsche Bank maintained it with “Buy” rating and $18000 target in Thursday, May 16 report. Barclays Capital maintained RenaissanceRe Holdings Ltd. (NYSE:RNR) on Monday, July 1 with “Underweight” rating. The firm has “Market Perform” rating by Wells Fargo given on Thursday, July 11. The firm has “Neutral” rating given on Wednesday, July 24 by JP Morgan. The firm has “Underweight” rating given on Wednesday, October 2 by Barclays Capital. The firm earned “Equal-Weight” rating on Wednesday, August 7 by Morgan Stanley.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Chart

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