Beigene Ltd (ADR) (BGNE) Reaches $67.84 After 6.00% Down Move; Keeley Asset Management Has Lowered By $526,030 Its James River Group Holdings Lt (JRVR) Holding

August 31, 2017 - By Winifred Garcia

Keeley Asset Management Corp decreased James River Group Holdings Lt (JRVR) stake by 41.18% reported in 2016Q4 SEC filing. Keeley Asset Management Corp sold 12,830 shares as James River Group Holdings Lt (JRVR)’s stock declined 8.95%. The Keeley Asset Management Corp holds 18,325 shares with $761,000 value, down from 31,155 last quarter. James River Group Holdings Lt now has $1.17B valuation. The stock rose 0.56% or $0.22 reaching $39.75. About 18,946 shares traded. James River Group Holdings Ltd (NASDAQ:JRVR) has risen 33.65% since August 31, 2016 and is uptrending. It has outperformed by 16.95% the S&P500.

The stock of Beigene Ltd (ADR) (NASDAQ:BGNE) is a huge mover today! About 227,604 shares traded. Beigene Ltd (ADR) (NASDAQ:BGNE) has risen 36.36% since August 31, 2016 and is uptrending. It has outperformed by 19.66% the S&P500.The move comes after 7 months negative chart setup for the $2.88B company. It was reported on Aug, 31 by Barchart.com. We have $63.77 PT which if reached, will make NASDAQ:BGNE worth $172.80 million less.

Keeley Asset Management Corp increased Nrg Energy Inc (NYSE:NRG) stake by 136,355 shares to 1.11 million valued at $13.64 million in 2016Q4. It also upped Bancorpsouth Inc. (NYSE:BXS) stake by 620,346 shares and now owns 1.70 million shares. Cabot Oil & Gas (NYSE:COG) was raised too.

Among 3 analysts covering James River Group Holdings Ltd (NASDAQ:JRVR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. James River Group Holdings Ltd had 10 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, May 31 the stock rating was maintained by FBR Capital with “Buy”. The rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform” on Monday, November 14. FBR Capital maintained James River Group Holdings Ltd (NASDAQ:JRVR) rating on Tuesday, October 4. FBR Capital has “Outperform” rating and $40 target. Zacks upgraded James River Group Holdings Ltd (NASDAQ:JRVR) on Monday, August 10 to “Hold” rating. The rating was upgraded by BMO Capital Markets to “Outperform” on Monday, November 23. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, August 17 report.