Westwood Holdings Group Inc Upped Everest Re Group Ltd (NYSE:RE) Position by $12.35 Million as Price Rose

May 17, 2018 - By Antonio Nuckols

Everest Re Group, Ltd. (NYSE:RE) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 0.8. That’s change of 0.33, from 2017Q3’s 1.13. 57 investors sold all, 152 reduced holdings as RE ratio fall. 108 grew holdings while 59 funds acquired holdings. Funds hold 36.17 million shares thus 1.97% less from 2017Q3’s 36.90 million shares. Amundi Pioneer Asset Mgmt Inc, a Massachusetts-based fund reported 89,192 shs. Selz Cap Ltd Liability holds 40,000 shs or 1.31% of its capital. Retail Bank Of America De, a North Carolina-based fund reported 141,043 shs. Highstreet Asset Management Inc holds 0.04% of its capital in Everest Re Group, Ltd. (NYSE:RE) for 3,060 shs. Denali Advsr Limited has 0.11% invested in Everest Re Group, Ltd. (NYSE:RE) for 3,300 shs. Art Advsrs Lc holds 7,500 shs or 0.07% of its capital. Warren Averett Asset Mngmt Lc invested 0.06% in Everest Re Group, Ltd. (NYSE:RE). Nordea Invest Management Ab has invested 0.02% in Everest Re Group, Ltd. (NYSE:RE). State Common Retirement Fund owns 145,663 shs. Moreover, Sterling Mngmt Llc has 0.01% invested in Everest Re Group, Ltd. (NYSE:RE). The Massachusetts-based Adage Capital Prtn Gru Ltd has invested 0.03% in Everest Re Group, Ltd. (NYSE:RE). Johnson Finance Group Inc reported 0.15% of its capital in Everest Re Group, Ltd. (NYSE:RE). Maine-based Hm Payson & Communication has invested 0.01% in Everest Re Group, Ltd. (NYSE:RE). Moreover, Wexford Capital Lp has 0.03% invested in Everest Re Group, Ltd. (NYSE:RE). Rothschild Asset Management Incorporated reported 0.15% of its capital in Everest Re Group, Ltd. (NYSE:RE).

RE had 2 insider sales and 1 insider buy since January 8, 2018. This’s net activity of $183,147. $500,580 worth of Everest Re Group, Ltd. (NYSE:RE) was bought by GRAF JOHN A. $72,853 worth of stock was sold by Doucette John P on Tuesday, February 20.

Westwood Holdings Group Inc increased its stake by 32.65% in Everest Re Group Ltd (NYSE:RE), according to 2018Q1 Securities and Exchange regulatory filling. 48,230 shares were bought by Westwood Holdings Group Inc as Everest Re Group Ltd (NYSE:RE) stock rose 14.50% while stock markets declined. It held 195,930 shares of Everest Re Group Ltd (NYSE:RE) at the end of 2018Q1, valued at $50.32 million, up from 147,700 last quarter. $9.39 billion is the Everest Re Group Ltd’s MC. Ticker’s shares touched $229.07 during the last trading session after 0.46% change.Everest Re Group, Ltd. has volume of 223,619 shares. Since May 17, 2017 RE has risen 8.17% and is uptrending. The stock underperformed the S&P500 by 3.38%.

Westwood Holdings Group Inc manages about $12.32 billion US longs. According to a filing the fund decreased its stake in Shell Midstream Partners Lp () by 828,790 shares to 1.28M shares, valued at $27.04M in 2018Q1. It decreased Oracle Corp (NYSE:ORCL) position by 396,845 shares to 3.12M shares, and cut its Texas Instrs Inc (NASDAQ:TXN) stake.

Everest Re Group, Ltd. (NYSE:RE) Ratings Coverage

A total of 4 analysts rate Everest Re (NYSE:RE) as follows: 1 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 25% are bullish. (NYSE:RE) has 6 ratings reports on 17 May 2018 according to StockzIntelligence. On Thursday, March 1 the firm earned “Equal-Weight” rating by Morgan Stanley. On Monday, November 27 Keefe Bruyette & Woods upgraded the shares of RE in report to “Hold” rating. On Monday, December 4 the stock of Everest Re Group, Ltd. (NYSE:RE) has “Hold” rating given by Keefe Bruyette & Woods. On Tuesday, January 9 Wells Fargo maintained Everest Re Group, Ltd. (NYSE:RE) with “Hold” rating. On Tuesday, February 20 Barclays Capital maintained Everest Re Group, Ltd. (NYSE:RE) with “Overweight” rating. On Tuesday, February 6 the firm has “Hold” rating given by Keefe Bruyette & Woods.

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products.The firm is worth $9.39 billion. The firm operates in five divisions: U.S.The P/E ratio is 20.16. Reinsurance, International, Bermuda, and Insurance.

Everest Re Group, Ltd. (NYSE:RE) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: