Top Insurance Stocks To Buy For 2019

Stifel Financial Corp increased its holdings in shares of Universal Insurance Holdings, Inc. (NYSE:UVE) by 6.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,592 shares of the insurance provider’s stock after buying an additional 2,510 shares during the quarter. Stifel Financial Corp owned 0.12% of Universal Insurance worth $1,317,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. BlackRock Inc. raised its stake in Universal Insurance by 1.9% during the 1st quarter. BlackRock Inc. now owns 4,170,226 shares of the insurance provider’s stock worth $133,031,000 after buying an additional 79,300 shares during the period. Dimensional Fund Advisors LP raised its stake in Universal Insurance by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,676,999 shares of the insurance provider’s stock worth $53,496,000 after buying an additional 18,761 shares during the period. JPMorgan Chase & Co. raised its stake in Universal Insurance by 28.5% during the 1st quarter. JPMorgan Chase & Co. now owns 539,562 shares of the insurance provider’s stock worth $17,213,000 after buying an additional 119,747 shares during the period. Millennium Management LLC raised its stake in Universal Insurance by 29.0% during the 4th quarter. Millennium Management LLC now owns 450,303 shares of the insurance provider’s stock worth $12,316,000 after buying an additional 101,278 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in Universal Insurance by 8.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 344,840 shares of the insurance provider’s stock worth $11,001,000 after buying an additional 26,814 shares during the period. 71.26% of the stock is currently owned by institutional investors and hedge funds.

Top Insurance Stocks To Buy For 2019: Principal Financial Group Inc(PFG)

Advisors’ Opinion:

  • [By Max Byerly]

    Glenmede Trust Co. NA cut its holdings in Principal Financial Group Inc (NYSE:PFG) by 61.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 235,266 shares of the financial services provider’s stock after selling 369,372 shares during the period. Glenmede Trust Co. NA owned 0.08% of Principal Financial Group worth $12,458,000 as of its most recent SEC filing.

  • [By Max Byerly]

    Shore Capital reissued their hold rating on shares of Provident Financial (LON:PFG) in a report issued on Thursday.

    PFG has been the subject of several other reports. Liberum Capital reissued a sell rating and set a GBX 483 ($6.48) price objective on shares of Provident Financial in a research note on Monday, February 26th. Peel Hunt reissued a hold rating and set a GBX 870 ($11.67) price objective on shares of Provident Financial in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reduced their price objective on Provident Financial from GBX 1,100 ($14.76) to GBX 750 ($10.06) and set a neutral rating for the company in a research note on Thursday, May 10th. Barclays reissued an underweight rating and set a GBX 584 ($7.84) price objective on shares of Provident Financial in a research note on Wednesday, January 31st. Finally, Societe Generale lowered Provident Financial to a hold rating and set a GBX 1,050 ($14.09) price objective for the company. in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Provident Financial presently has a consensus rating of Hold and a consensus price target of GBX 1,190.14 ($15.97).

  • [By Logan Wallace]

    ING Groep NV boosted its stake in Principal Financial Group Inc (NYSE:PFG) by 7.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 27,524 shares of the financial services provider’s stock after purchasing an additional 1,991 shares during the period. ING Groep NV’s holdings in Principal Financial Group were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Top Insurance Stocks To Buy For 2019: Prudential Financial Inc.(PRU)

Advisors’ Opinion:

  • [By Logan Wallace]

    Flinton Capital Management LLC grew its holdings in Prudential Financial Inc (NYSE:PRU) by 9.0% during the second quarter, HoldingsChannel.com reports. The fund owned 46,032 shares of the financial services provider’s stock after purchasing an additional 3,808 shares during the quarter. Flinton Capital Management LLC’s holdings in Prudential Financial were worth $4,304,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Wesbanco Bank Inc. raised its stake in Prudential Financial Inc (NYSE:PRU) by 5.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 65,335 shares of the financial services provider’s stock after acquiring an additional 3,655 shares during the period. Wesbanco Bank Inc.’s holdings in Prudential Financial were worth $6,110,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    Symphony Asset Management LLC lowered its position in Prudential Financial Inc (NYSE:PRU) by 18.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,149 shares of the financial services provider’s stock after selling 3,765 shares during the period. Symphony Asset Management LLC’s holdings in Prudential Financial were worth $1,672,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Traders sold shares of Prudential Financial Inc (NYSE:PRU) on strength during trading hours on Tuesday. $24.30 million flowed into the stock on the tick-up and $56.16 million flowed out of the stock on the tick-down, for a money net flow of $31.86 million out of the stock. Of all companies tracked, Prudential Financial had the 29th highest net out-flow for the day. Prudential Financial traded up $0.50 for the day and closed at $98.75

Top Insurance Stocks To Buy For 2019: W.R. Berkley Corporation(WRB)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Mackay Shields LLC lessened its stake in W. R. Berkley Corp (NYSE:WRB) by 5.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 123,539 shares of the insurance provider’s stock after selling 7,501 shares during the period. Mackay Shields LLC’s holdings in W. R. Berkley were worth $8,945,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Joseph Griffin]

    W. R. Berkley Corp (NYSE:WRB) has received a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $69.33.

  • [By Logan Wallace]

    Standard Life Aberdeen plc increased its stake in shares of W. R. Berkley Corp (NYSE:WRB) by 56.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,374 shares of the insurance provider’s stock after purchasing an additional 5,555 shares during the period. Standard Life Aberdeen plc’s holdings in W. R. Berkley were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Insurance Stocks To Buy For 2019: American International Group Inc.(AIG)

Advisors’ Opinion:

  • [By Dan Caplinger]

    The stock market finished the session mixed on Thursday, with investors initially reacting negatively to news of a big drop in retail sales during December but then gradually regaining confidence over the course of the day. By the close, most major benchmarks had declined modestly, though the Nasdaq ended just in the green. Yet among individual companies, weak earnings reports sent some stocks lower. American International Group (NYSE:AIG), CenturyLink (NYSE:CTL), and Six Flags Entertainment (NYSE:SIX) were among the worst performers. Here’s why they did so poorly.

  • [By Logan Wallace]

    Gifford Fong Associates acquired a new position in shares of American International Group (NYSE:AIG) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 44,100 shares of the insurance provider’s stock, valued at approximately $2,400,000.

  • [By Max Byerly]

    These are some of the media stories that may have effected Accern’s rankings:

    Get American International Group alerts:

    AIG’s loss for European business worsens in 2017 (businessinsurance.com) $1.26 EPS Expected for American International Group (AIG) This Quarter (americanbankingnews.com) UBS: Buy AIG After Earnings Estimates ‘Bottom Out’ (finance.yahoo.com) American International Group (AIG) Stock Rating Upgraded by UBS (americanbankingnews.com) American International Group (AIG) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)

    American International Group traded up $0.36, hitting $55.15, during mid-day trading on Friday, MarketBeat.com reports. The stock had a trading volume of 9,821,608 shares, compared to its average volume of 6,828,715. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.27 and a quick ratio of 0.27. American International Group has a 1-year low of $49.57 and a 1-year high of $67.30. The firm has a market cap of $49.51 billion, a P/E ratio of 22.98, a PEG ratio of 1.01 and a beta of 1.24.

  • [By ]

    The next day, the federal government announced that it was bailing out insurance and financial giant AIG (NYSE: AIG) to the tune of $85 billion in the form of a two-year loan, making Uncle Sam an 80% equity holder in the firm. Later, terms of the deal were revised to the government purchasing $45 billion in AIG preferred stock with TARP (Troubled Asset Relief Program) funds and the Federal Reserve purchasing $52.5 billion in mortgage-backed securities, which allowed the troubled insurer to unwind its soured credit default swap book in an orderly fashion.

Top Insurance Stocks To Buy For 2019: Topdanmark A/S (TOP)

Advisors’ Opinion:

  • [By Max Byerly]

    TopCoin (CURRENCY:TOP) traded flat against the U.S. dollar during the one day period ending at 7:00 AM E.T. on September 8th. In the last seven days, TopCoin has traded flat against the U.S. dollar. TopCoin has a total market capitalization of $0.00 and $0.00 worth of TopCoin was traded on exchanges in the last day. One TopCoin coin can now be bought for about $0.0008 or 0.00000010 BTC on major cryptocurrency exchanges.

  • [By Logan Wallace]

    TopCoin (CURRENCY:TOP) traded down 15.4% against the dollar during the 1-day period ending at 7:00 AM E.T. on June 21st. During the last seven days, TopCoin has traded up 4% against the dollar. TopCoin has a market cap of $0.00 and approximately $123.00 worth of TopCoin was traded on exchanges in the last day. One TopCoin coin can currently be bought for about $0.0010 or 0.00000015 BTC on popular exchanges.

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