American Financial Group Maintains Holding in Berkley W R (WRB); Causeway Capital Management Stake in Prudential Plc (PUK) Trimmed as Share Price Declined

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American Financial Group Inc increased its stake in Berkley W R Corp (WRB) by 50% based on its latest 2019Q2 regulatory filing with the SEC. American Financial Group Inc bought 58,500 shares as the company’s stock rose 14.10% . The institutional investor held 175,500 shares of the property-casualty insurers company at the end of 2019Q2, valued at $11.57M, up from 117,000 at the end of the previous reported quarter. American Financial Group Inc who had been investing in Berkley W R Corp for a number of months, seems to be bullish on the $13.31 billion market cap company. The stock increased 0.38% or $0.28 during the last trading session, reaching $72.68. About 137,942 shares traded. W. R. Berkley Corporation (NYSE:WRB) has risen 40.90% since September 25, 2018 and is uptrending. It has outperformed by 40.90% the S&P500. Some Historical WRB News: 19/04/2018 - WR Berkley: James B. Gilbert Appointed EVP Overseeign Some Operating Units; 19/03/2018 - W. R. Berkley Corp Announces Pricing of $175M of 5.70% Subordinated Debentures Due 2058; 19/03/2018 - A.M. Best Assigns Issue Credit Rating to W. R. Berkley Corporation’s Subordinated Debentures; 15/05/2018 - Berkley WR Corp. Exits Position in Lazydays Holdings; 08/03/2018 Variety: MoviePass Taps Mike Berkley as Chief Product Officer; 10/05/2018 - Moody’s Upgrades W.R. Berkley Senior Debt To Baa1, Outlook Stable; 24/04/2018 - W. R. BERKLEY CORP QTRLY COMBINED RATIO WAS 94.6%; 24/05/2018 - A.M. Best Affirms Credit Ratings of W.R. Berkley Corporation and Its Subsidiaries; 24/04/2018 - WR BERKLEY 1Q COMBINED RATIO REPORTED 94.6%; 19/03/2018 - W. R. Berkley Corporation Announces Pricing of $175 Million of 5.70% Subordinated Debentures Due 2058

Causeway Capital Management Llc decreased its stake in Prudential Plc (PUK) by 5.94% based on its latest 2019Q2 regulatory filing with the SEC. Causeway Capital Management Llc sold 58,724 shares as the company’s stock declined 8.39% . The institutional investor held 930,688 shares of the life insurance company at the end of 2019Q2, valued at $40.78 million, down from 989,412 at the end of the previous reported quarter. Causeway Capital Management Llc who had been investing in Prudential Plc for a number of months, seems to be less bullish one the $45.87B market cap company. The stock decreased 0.42% or $0.15 during the last trading session, reaching $35.22. About 396,464 shares traded or 35.34% up from the average. Prudential plc (NYSE:PUK) has declined 11.55% since September 25, 2018 and is downtrending. It has underperformed by 11.55% the S&P500. Some Historical PUK News: 14/03/2018 - Prudential PLC 2017 Gross Premiums Earned at GBP44B; 14/03/2018 - PRUDENTIAL CEO SAYS FIRM STILL COMMITTED TO LONDON FOR HQ; 20/03/2018 - DUBAI INVESTMENTS - ARKAN BANK IS APPLYING TO DFSA FOR APPROVAL FOR A PRUDENTIAL CATEGORY 5 LICENCE TO OPERATE AS AN ISLAMIC FINANCI AL INSTITUTION; 24/04/2018 - ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD ICIR.NS - RECOMMENDED FINAL DIVIDEND OF 3.30 RUPEES PER SHARE; 14/03/2018 - PRUDENTIAL PLC PRU.L - SALE OF £12.0 BLN 1 OF UK ANNUITY PORTFOLIO TO ROTHESAY LIFE; 14/03/2018 - Prudential to split into two as Britain bids farewell to US and Asia businesses; 06/03/2018 - ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD ICIR.NS - APPROVES RE-APPOINTMENT OF SANDEEP BAKHSHI AS MD & CEO; 14/03/2018 - ROTHESAY LIFE ROTHESAY LIFE BUYS £12BN PRUDENTIAL ANNUITIES; 01/05/2018 - Commonwealth Bank of Australia Statement re APRA’s Prudential Inquiry; 24/04/2018 - ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD ICIR.NS - MARCH QTR NET PREMIUM INCOME 86.56 BLN RUPEES VS 75.26 BLN RUPEES LAST YEAR

Causeway Capital Management Llc, which manages about $27.14 billion and $9.14B US Long portfolio, upped its stake in Encana Corp (NYSE:ECA) by 6.36M shares to 123.72M shares, valued at $634.68M in 2019Q2, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 17,086 shares in the quarter, for a total of 1.76 million shares, and has risen its stake in New Oriental Ed & Tech Grp I (NYSE:EDU).

More notable recent Prudential plc (NYSE:PUK) news were published by: Seekingalpha.com which released: “Prudential Plc: What Investors Should Take Of This Great (But Complicated) Dividend Stock From The Financial Sector - Seeking Alpha” on July 08, 2019, also Businesswire.com with their article: “Jackson Reports 2018 Financial Results1 - Business Wire” published on March 13, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About General Motors Company (GM) - Yahoo Finance” on June 10, 2019. More interesting news about Prudential plc (NYSE:PUK) were released by: Forbes.com and their article: “Prudential’s Preference Shares Cross Above 6.5% Yield Territory - Forbes” published on July 16, 2014 as well as Seekingalpha.com‘s news article titled: “Prudential plc 2017 Q4 - Results - Earnings Call Slides - Seeking Alpha” with publication date: March 15, 2018.

American Financial Group Inc, which manages about $1.22B US Long portfolio, decreased its stake in Invesco Ltd (NYSE:IVZ) by 50,000 shares to 1.13 million shares, valued at $23.12 million in 2019Q2, according to the filing. It also reduced its holding in Legg Mason Inc (NYSE:LM) by 90,000 shares in the quarter, leaving it with 135,000 shares, and cut its stake in Sinclair Broadcast Group Inc (NASDAQ:SBGI).

W. R. Berkley Corporation (NYSE:WRB) Institutional Positions Chart

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