Shares of RenaissanceRe Holdings Ltd. (RNR) traded 3.62 points or 2.66% higher at $139.94.The total intraday money flow for the shares came in at a disappointing $(-1.17) million. The total upticks amounted to $7.95 million and the total downticks were approximately $9.13 million, with the up/down ratio of 0.87. On a different note, the shares have seen 1.55% price change during the week.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Shares of RenaissanceRe Holdings Ltd. rose by 2.74% in the last five trading days and 3.88% for the last 4 weeks. RenaissanceRe Holdings Ltd. is up 14.11% in the last 3-month period. Year-to-Date the stock performance stands at 3.88%. RenaissanceRe Holdings Ltd. (NYSE:RNR) rose 3.8% or 5.18 points on Wednesday and made its way into the gainers of the day. After trading began at $140 the stock was seen hitting $142.35 as a peak level and $137.94 as the lowest level. The stock ended up at $141.5. The daily volume was measured at 676,362 shares. The 52-week high of the share price is $142.35 and the 52-week low is $107.27. The company has a market cap of $5,824 million.
Company has reported several Insider transactions to the SEC, on Jan 18, 2017, Rider Fonner Todd (SVP & CIO) sold 6,000 shares at 136.79 per share price.On Jan 4, 2017, Kevin Odonnell (Pres & Chief Executive Officer) sold 7,000 shares at 135.43 per share price.On Dec 22, 2016, Ross Curtis (SVP,Chief Underwriting Officer) sold 21,097 shares at 134.65 per share price.
RenaissanceRe Holdings Ltd. Last issued its quarterly earnings results on Jan 31, 2017. The company reported $2.92 EPS for the quarter, beating the analyst consensus estimate by $ 1.67. Analyst had a consensus of $1.25. The company had revenue of $353.97 million for the quarter, compared to analysts expectations of $439.57 million. The companys revenue was down -6.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.07 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.RenaissanceRe Holdings Ltd. was Initiated by Citigroup to Neutral on Nov 22, 2016. RenaissanceRe Holdings Ltd. was Downgraded by Deutsche Bank on Nov 21, 2016 to Hold, Price Target of the shares are set at $131.78.RenaissanceRe Holdings Ltd. was Upgraded by Goldman to Neutral on Nov 15, 2016.
RENAISSANCERE Holdings Ltd. provides reinsurance and insurance coverage where the risk of natural catastrophe represents a significant component of the overall exposure. Youll find information on our web-site about Renaissance Re as well as all of our other subsidiary companies and the nature of their businesses.