As Renaissancere (RNR) Share Value Rose, Cooke & Bieler LP Has Boosted Stake by $21.90 Million

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. Bp Public Ltd reported 5,000 shares or 0.03% of all its holdings. Northwestern Mutual Wealth Commerce has invested 0% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Aviva Public Limited holds 0.02% or 15,190 shares. Next Fincl Grp stated it has 937 shares or 0.02% of all its holdings. Tokio Marine & Nichido Fire Insur Ltd accumulated 1.74M shares. Louisiana State Employees Retirement System invested in 11,300 shares. 93,541 are held by Proshare Advisors Ltd Co. Meeder Asset Management Inc owns 67 shares. Renaissance Technology Ltd Liability, New York-based fund reported 1.05 million shares. Oregon Employees Retirement Fund holds 22,683 shares. Legal General Group Public Ltd Limited Liability Company stated it has 314,566 shares. Hm Payson Co holds 116 shares. Vident Invest Advisory Ltd Limited Liability Company reported 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Hightower Lc invested in 0% or 1,798 shares. Swiss Financial Bank invested in 0.06% or 311,275 shares.

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 $126.81 million, 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 $5.38 billion US Long portfolio, decreased its stake in Unilever Nv (NYSE:UN) by 708,317 shares to 710,905 shares, valued at $41.97 million in 2019Q2, according to the filing. It also reduced its holding in Diageo Plc Adr (NYSE:DEO) by 105,898 shares in the quarter, leaving it with 502,894 shares, and cut its stake in Rockwell Collins (NYSE:COL).

More notable recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by: Businesswire.com which released: “RenaissanceRe Holdings Ltd. to Acquire Tokio Millennium Re in $1.5 Billion Transaction – Business Wire” on October 30, 2018, also Businesswire.com with their article: “RenaissanceRe Schedules Third Quarter 2019 Financial Results Conference Call – Business Wire” published on October 02, 2019, Finance.Yahoo.com published: “If You Had Bought RenaissanceRe Holdings (NYSE:RNR) Stock Five Years Ago, You Could Pocket A 93% Gain Today – Yahoo Finance” on October 01, 2019. More interesting news about RenaissanceRe Holdings Ltd. (NYSE:RNR) were released by: Seekingalpha.com and their article: “Alleghany CEO Warns Re/insurers Not To Chase The ILS Tail (Risk) – Seeking Alpha” published on March 01, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For May 7, 2019 – Benzinga” with publication date: May 07, 2019.

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 the shares of RNR in report on Thursday, May 16 with “Buy” rating. The firm earned “Underweight” rating on Wednesday, October 2 by Barclays Capital. The firm has “Market Perform” rating given on Thursday, July 11 by Wells Fargo. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Equal-Weight” rating given on Wednesday, August 7 by Morgan Stanley. The company was maintained on Wednesday, July 24 by JP Morgan. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Underweight” rating given on Monday, July 1 by Barclays Capital.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Chart

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