Stearns Financial Services Group Trimmed Boeing Co (BA) Position as Stock Value Declined; As Renaissancere Holdings LTD (RNR) Market Valuation Declined, Holder Capital World Investors Lifted Stake

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Capital World Investors increased its stake in Renaissancere Holdings Ltd (RNR) by 11.81% based on its latest 2018Q1 regulatory filing with the SEC. Capital World Investors bought 217,939 shares as the company’s stock declined 4.26% with the market. The institutional investor held 2.06M shares of the property-casualty insurers company at the end of 2018Q1, valued at $285.81M, up from 1.85M at the end of the previous reported quarter. Capital World Investors who had been investing in Renaissancere Holdings Ltd for a number of months, seems to be bullish on the $4.83 billion market cap company. The stock increased 1.10% or $1.3 during the last trading session, reaching $119.95. About 433,496 shares traded or 63.13% up from the average. RenaissanceRe Holdings Ltd. (NYSE:RNR) has declined 11.43% since June 29, 2017 and is downtrending. It has underperformed by 24.00% the S&P500. Some Historical RNR News: 01/05/2018 – RenaissanceRe 1Q Rev $418M; 27/03/2018 – RENAISSANCERE HOLDINGS SAYS EFFECTIVE MARCH 23, TERMINATED STANDBY LETTER OF CREDIT AGREEMENT, DATED MAY 19, 2015 – SEC FILING; 01/05/2018 – RenaissanceRe 1Q Adj EPS $3.40; 01/05/2018 – RenaissanceRe 1Q EPS $1.42; 01/05/2018 – RenaissanceRe 1Q Net $62.3M; 05/03/2018 RenaissanceRe Closes Above 50-Day Moving Average: Technicals; 01/05/2018 – RenaissanceRe: Book Value $100.29/Share at 1Q End; 26/04/2018 – RenaissanceRe Forms Golden Cross: Technicals; 14/05/2018 – RenaissanceRe Holdings Ltd. Announces Quarterly Dividend; 28/03/2018 – RenaissanceRe Closes Above 200-Day Moving Average: Technicals

Stearns Financial Services Group decreased its stake in Boeing Co (BA) by 45.34% based on its latest 2018Q1 regulatory filing with the SEC. Stearns Financial Services Group sold 2,121 shares as the company’s stock declined 0.93% with the market. The institutional investor held 2,557 shares of the aerospace company at the end of 2018Q1, valued at $839,000, down from 4,678 at the end of the previous reported quarter. Stearns Financial Services Group who had been investing in Boeing Co for a number of months, seems to be less bullish one the $194.96 billion market cap company. The stock increased 1.46% or $4.83 during the last trading session, reaching $334.65. About 3.35 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since June 29, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 01/05/2018 – Boeing: Sale Is Expected to Close by 3Q18; 03/04/2018 – BOEING REPORTS $313M AMENDMENT TO CANADA CHINOOKS CONTRACT; 05/03/2018 – GE Readies Engine Durability Fix for New Boeing, Airbus Planes; 07/03/2018 – JET AIRWAYS’ 787 ORDER ‘HASN’T GONE ANYWHERE’: BOEING’S KESKAR; 01/05/2018 – KLX Agrees to Sell Its Aerospace Solutions Group Business to Boeing for $63/Share; 14/03/2018 – Watch: Trump gives remarks at Boeing factory; 25/04/2018 – BOEING SAYS STRONG GROWTH ACROSS BUSINESSES OFFSET THE ADDITIONAL TANKER COST GROWTH IN THE QUARTER OF $81 MILLION; 03/04/2018 – JET AIRWAYS AGREES TO BUY 75 BOEING 737 MAX PLANES; 04/05/2018 – IAG CEO SAYS SAYS IN DIALOGUE WITH BOEING AND AIRBUS ON WIDEBODIES, FOUND BOEING TO BE PARTICULARLY CONSTRUCTIVE OF LATE; 13/03/2018 – EMBRAER DROPS AS BRAZIL SEES TARIFFS HURTING BOEING DEAL

Among 15 analysts covering RenaissanceRe (NYSE:RNR), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. RenaissanceRe had 33 analyst reports since October 14, 2015 according to SRatingsIntel. On Thursday, April 28 the stock rating was downgraded by Citigroup to “Neutral”. The rating was downgraded by JP Morgan to “Neutral” on Friday, July 28. Wells Fargo maintained the shares of RNR in report on Wednesday, July 26 with “Hold” rating. As per Tuesday, September 19, the company rating was maintained by UBS. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, August 17. On Monday, October 2 the stock rating was maintained by Citigroup with “Neutral”. Citigroup maintained RenaissanceRe Holdings Ltd. (NYSE:RNR) on Friday, February 9 with “Buy” rating. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley. The rating was maintained by Wells Fargo with “Hold” on Tuesday, January 9. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, February 1.

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.17, from 0.73 in 2017Q4. It improved, as 28 investors sold RNR shares while 98 reduced holdings. 36 funds opened positions while 77 raised stakes. 37.68 million shares or 1.48% more from 37.13 million shares in 2017Q4 were reported. Panagora Asset Mngmt Inc invested 0% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Principal Grp Inc Inc reported 173,235 shares. Moreover, Interocean Capital Limited Liability Corporation has 0.04% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 2,000 shares. Morgan Stanley invested 0.01% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR). Moreover, Metropolitan Life Insur Ny has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR). Moreover, Cooke & Bieler Limited Partnership has 1.95% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 751,983 shares. Aperio Group Ltd reported 82,849 shares stake. Moreover, Brown Advisory has 0% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 3,385 shares. First Quadrant Lp Ca holds 0.12% in RenaissanceRe Holdings Ltd. (NYSE:RNR) or 46,120 shares. Texas Permanent School Fund invested in 0.05% or 26,496 shares. Eulav Asset Management owns 0.33% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 49,900 shares. Moreover, Tdam Usa has 0.05% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 6,100 shares. Abrams Bison Investments Limited Co holds 625,657 shares. Trexquant LP holds 0.09% of its portfolio in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 9,603 shares. Etrade Cap Ltd Liability Com invested in 3,325 shares.

Since May 29, 2018, it had 0 insider purchases, and 1 insider sale for $289,853 activity.

More recent RenaissanceRe Holdings Ltd. (NYSE:RNR) news were published by: Businesswire.com which released: “RenaissanceRe Celebrates 25” on June 14, 2018. Also Businesswire.com published the news titled: “RenaissanceRe Announces $250 Million Public Offering of Depositary Shares Representing 5.75% Series F …” on June 11, 2018. Seekingalpha.com‘s news article titled: “RenaissanceRe Holdings: This 5.75% Preferred Stock Has Begun Trading On The NYSE” with publication date: June 23, 2018 was also an interesting one.

Capital World Investors, which manages about $444.21B US Long portfolio, decreased its stake in Epam Systems Inc (NYSE:EPAM) by 50,000 shares to 1.21 million shares, valued at $138.32M in 2018Q1, according to the filing. It also reduced its holding in Walt Disney Company (The) (NYSE:DIS) by 1.30 million shares in the quarter, leaving it with 2.80 million shares, and cut its stake in Canadian National Railway Co (NYSE:CNI).

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing has $470.0 highest and $125 lowest target. $347.18’s average target is 3.74% above currents $334.65 stock price. Boeing had 120 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Jefferies on Wednesday, July 5. Wells Fargo maintained the shares of BA in report on Wednesday, September 20 with “Hold” rating. The firm earned “Buy” rating on Wednesday, April 4 by Robert W. Baird. Wells Fargo downgraded The Boeing Company (NYSE:BA) on Friday, December 18 to “Market Perform” rating. The company was maintained on Tuesday, December 12 by Wells Fargo. Barclays Capital maintained the shares of BA in report on Friday, April 27 with “Overweight” rating. Deutsche Bank maintained The Boeing Company (NYSE:BA) rating on Thursday, September 14. Deutsche Bank has “Buy” rating and $300.0 target. Cowen & Co maintained the shares of BA in report on Wednesday, September 6 with “Buy” rating. The rating was maintained by Melius Research with “Buy” on Monday, January 8. The stock has “Neutral” rating by Buckingham Research on Friday, July 28.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.41 EPS, up 33.73% or $0.86 from last year’s $2.55 per share. BA’s profit will be $1.99B for 24.53 P/E if the $3.41 EPS becomes a reality. After $3.64 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -6.32% negative EPS growth.

Since February 8, 2018, it had 0 insider buys, and 6 sales for $18.83 million activity. $12.17M worth of stock was sold by Smith Gregory D on Thursday, February 8. CAPOZZI HEIDI B also sold $373,379 worth of The Boeing Company (NYSE:BA) shares. 2,840 shares were sold by Verbeck Robert E, worth $948,261 on Friday, May 4. 9,000 shares were sold by LUTTIG J MICHAEL, worth $3.10M on Wednesday, May 9. 4,500 The Boeing Company (NYSE:BA) shares with value of $1.48 million were sold by Sands Diana L.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It turned negative, as 60 investors sold BA shares while 691 reduced holdings. 128 funds opened positions while 368 raised stakes. 360.90 million shares or 3.37% less from 373.50 million shares in 2017Q4 were reported. Wagner Bowman Mngmt Corp has 0.53% invested in The Boeing Company (NYSE:BA). 6,451 are held by Old Second Savings Bank Of Aurora. Gradient Invs Ltd Llc reported 0.05% stake. Voya Invest Mgmt Ltd Co, a Georgia-based fund reported 1.18 million shares. 7,332 were reported by Burke & Herbert Bancorp & Tru. Gw Henssler & Associates Limited invested 0.44% in The Boeing Company (NYSE:BA). Condor Cap Mngmt stated it has 8,091 shares. Welch & Forbes Limited Liability holds 10,274 shares or 0.09% of its portfolio. Amundi Pioneer Asset holds 0.37% in The Boeing Company (NYSE:BA) or 712,196 shares. Washington-based Badgley Phelps And Bell has invested 1.76% in The Boeing Company (NYSE:BA). Old West Mgmt Ltd Limited Liability Company has 0.24% invested in The Boeing Company (NYSE:BA). Meiji Yasuda Asset Management, Japan-based fund reported 14,669 shares. Mark Sheptoff Planning Limited Company holds 810 shares or 0.18% of its portfolio. Schafer Cullen Cap Mngmt Inc has 213,509 shares. Shell Asset Mgmt Communication stated it has 96,896 shares.

The Boeing Company (NYSE:BA) Institutional Positions Chart