Grace White Inc Ny Lowers stake in Everest Re Group Ltd (RE)

Everest Re Group Ltd (RE) : Grace White Inc Ny reduced its stake in Everest Re Group Ltd by 1.54% during the most recent quarter end. The investment management company now holds a total of 81,163 shares of Everest Re Group Ltd which is valued at $15,404,737 after selling 1,270 shares in Everest Re Group Ltd , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Everest Re Group Ltd makes up approximately 3.38% of Grace White Inc Ny’s portfolio.

Other Hedge Funds, Including , Texas Permanent School Fund reduced its stake in RE by selling 1,855 shares or 5.42% in the most recent quarter. The Hedge Fund company now holds 32,374 shares of RE which is valued at $6,144,585. Everest Re Group Ltd makes up approx 0.08% of Texas Permanent School Fund’s portfolio.Bnp Paribas Investment Partners S.a. reduced its stake in RE by selling 726 shares or 1.25% in the most recent quarter. The Hedge Fund company now holds 57,246 shares of RE which is valued at $10,846,400. Everest Re Group Ltd makes up approx 0.09% of Bnp Paribas Investment Partners S.a.’s portfolio.Lsv Asset Management reduced its stake in RE by selling 6,620 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 2,076,683 shares of RE which is valued at $396,438,785. Everest Re Group Ltd makes up approx 0.78% of Lsv Asset Management’s portfolio.Wedge Capital Management L L Pnc reduced its stake in RE by selling 366 shares or 5.5% in the most recent quarter. The Hedge Fund company now holds 6,284 shares of RE which is valued at $1,187,739. Everest Re Group Ltd makes up approx 0.01% of Wedge Capital Management L L Pnc’s portfolio.Louisiana State Employees Retirement System reduced its stake in RE by selling 500 shares or 4.24% in the most recent quarter. The Hedge Fund company now holds 11,300 shares of RE which is valued at $2,101,800. Everest Re Group Ltd makes up approx 0.11% of Louisiana State Employees Retirement System’s portfolio.

Everest Re Group Ltd closed down -0.36 points or -0.19% at $188.92 with 2,09,089 shares getting traded on Friday. Post opening the session at $188.49, the shares hit an intraday low of $187.69 and an intraday high of $189.26 and the price fluctuated in this range throughout the day.Shares ended Friday 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 Company’s 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.

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