Everest Re Group Ltd (RE) : Advisors Preferred scooped up 979 additional shares in Everest Re Group Ltd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 2,191 shares of Everest Re Group Ltd which is valued at $415,852.Everest Re Group Ltd makes up approximately 0.24% of Advisors Preferred’s portfolio.
Other Hedge Funds, Including , Raymond James Associates reduced its stake in RE by selling 9,458 shares or 38.65% in the most recent quarter. The Hedge Fund company now holds 15,011 shares of RE which is valued at $2,849,088. Everest Re Group Ltd makes up approx 0.01% of Raymond James Associates’s portfolio.Ubs Asset Management Americas Inc boosted its stake in RE in the latest quarter, The investment management firm added 17,525 additional shares and now holds a total of 327,550 shares of Everest Re Group Ltd which is valued at $62,060,899. Everest Re Group Ltd makes up approx 0.07% of Ubs Asset Management Americas Inc’s portfolio.Janney Montgomery Scott boosted its stake in RE in the latest quarter, The investment management firm added 859 additional shares and now holds a total of 5,430 shares of Everest Re Group Ltd which is valued at $1,036,587. Everest Re Group Ltd makes up approx 0.02% of Janney Montgomery Scott’s portfolio. Roof Eidam Maycockadv sold out all of its stake in RE during the most recent quarter. The investment firm sold 4,710 shares of RE which is valued $896,549.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in RE in the latest quarter, The investment management firm added 109 additional shares and now holds a total of 5,918 shares of Everest Re Group Ltd which is valued at $1,126,491. Everest Re Group Ltd makes up approx 0.03% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.
Everest Re Group Ltd closed down -0.93 points or -0.49% at $188.22 with 1,55,040 shares getting traded on Tuesday. Post opening the session at $189.82, the shares hit an intraday low of $188.14 and an intraday high of $189.82 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Everest Re Group Ltd reported $3.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.31 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $3.48.Analysts expectations of $ 1182.25.During the same quarter in the previous year, the company posted $5.03 EPS.
Everest Re Group Ltd. (Group) through its subsidiaries is engaged in the underwriting of reinsurance and insurance in the United States Bermuda and international markets. The Company underwrites reinsurance both through brokers and directly with ceding companies. The Company underwrites insurance principally through general agent relationships brokers and surplus lines brokers. The Company operates in segments: U.S. Reinsurance segment International segment Bermuda segment Insurance segment and Mt. Logan Re segment. The Company offers treaty and facultative reinsurance and admitted and non-admitted insurance. The Companys products include the range of property and casualty reinsurance and insurance coverages including marine aviation surety errors and omissions liability (E&O) directors and officers liability (D&O) medical malpractice other specialty lines accident and health (A&H) and workers compensation.