Technical Perspectives on Allstate, Heritage Insurance, Loews, and Everest Re
NEW YORK, November 28, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on ALL, HRTG, L, and RE which is a click away at http://www.wallstequities.com/registration. A slew of catastrophe events hounded the previous quarter, disrupting results of insurers, particularly in the Property and Casualty Insurance space, according to a Zacks report. However, capital reserve built by insurers owing to a not-so-active catastrophe environment is helping companies meet insurance claims. Today, WallStEquities.com presents for assessment the following stocks: The Allstate Corp. (NYSE: ALL), Heritage Insurance Holdings Inc. (NYSE: HRTG), Loews Corp. (NYSE: L), and Everest Re Group Ltd (NYSE: RE). Wall St. Equities explores the latest technical developments on today's equity selection at:
http://www.wallstequities.com/registration
Allstate
Shares in Northbrook, Illinois-based The Allstate Corp. climbed 0.33%, ending Monday's trading session at $99.41. The stock recorded a trading volume of 1.46 million shares. The Company's shares have gained 5.80% in the last one month, 9.66% over the last three months, and 34.12% on an YTD basis. The stock is trading 5.11% and 12.69% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Allstate, which together with its subsidiaries, engages in property-liability insurance and life insurance business in the US and Canada, have a Relative Strength Index (RSI) of 66.08.
On November 16th, 2017, Allstate announced estimated catastrophe losses for the month of October 2017 of $516 million, pre-tax ($335 million after-tax). Catastrophe losses occurring in October comprised 11 events at an estimated cost of $502 million, pre-tax, plus unfavorable reserve reestimates of prior reported catastrophe losses. Five wildfires in the state of California accounted for approximately 90% of the catastrophe losses occurring in the month of October 2017. Complimentary subscription to our free research report on ALL at:
http://www.wallstequities.com/registration/?symbol=ALL
Heritage Insurance Holdings
Clearwater, Florida headquartered Heritage Insurance Holdings Inc.'s stock rose 0.63%, closing the day at $17.54 with a total trading volume of 239,133 shares. The Company's shares have advanced 5.79% in the past month, 53.32% in the previous three months, and 11.93% since the start of this year. The stock is trading 14.86% and 31.88% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Heritage Insurance, which through its subsidiaries, provides personal and commercial residential insurance products, have an RSI of 65.70.
On October 31st, 2017, Heritage Insurance announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company's common stock. The dividend will be paid on December 15th, 2017, to stockholders of record as of November 17th, 2017. Access the free research report on HRTG now by signing up at:
http://www.wallstequities.com/registration/?symbol=HRTG
Loews
On Monday, shares in New York headquartered Loews Corp. recorded a trading volume of 789,523 shares. The stock ended the day 0.63% higher at $49.66. The Company's shares have advanced 2.67% in the past month, 5.88% in the previous three months, and 6.04% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.82% and 4.47%, respectively. Furthermore, shares of Loews, which through its subsidiaries, provides commercial property and casualty insurance in the US, Canada, the UK, Continental Europe, and Singapore, have an RSI of 59.78.
On November 14th, 2017, Loews announced the declaration of the Company's quarterly dividend of $0.0625 per share of common stock, payable on December 12th, 2017 to shareholders of record as of the close of business on November 29th, 2017. Are you already registered with Wall St. Equities? Do so now for free, and get the report on L at:
http://www.wallstequities.com/registration/?symbol=L
Everest Re Group
Hamilton, Bermuda headquartered Everest Re Group Ltd's stock rose 2.48%, finishing yesterday's session at $223.07. A total volume of 950,503 shares was traded, which was above their three months average volume of 576,670 shares. The Company's shares have advanced 3.08% on an YTD basis. The stock is trading below its 50-day moving average by 2.57%. Additionally, shares of Everest Re, which through its subsidiaries, provides reinsurance and insurance products, have an RSI of 44.61.
On November 09th, 2017, Everest Re announced that its Board of Directors declared a dividend of $1.30 per share, payable on or before December 13th, 2017, to all shareholders of record as of November 29th, 2017.
On November 27th, 2017, research firm Keefe Bruyette upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. Aspiring Member, please take a moment to register below for your free research report on RE at:
http://www.wallstequities.com/registration/?symbol=RE
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
