It’s been a crucial week for RLI Corp. (NYSE:RLI); here’s what analysts have to say.

June 14, 2018 - By Nellie Frank

RLI Corp. (NYSE:RLI) LogoInvestors sentiment decreased to 1.27 in 2018 Q1. Its down 0.30, from 1.57 in 2017Q4. It is negative, as 11 investors sold RLI Corp. shares while 53 reduced holdings. 21 funds opened positions while 60 raised stakes. 37.07 million shares or 0.96% less from 37.42 million shares in 2017Q4 were reported.
Franklin Resources has 0% invested in RLI Corp. (NYSE:RLI) for 135,218 shares. Moreover, Teachers Retirement Sys Of The State Of Kentucky has 0.01% invested in RLI Corp. (NYSE:RLI) for 11,600 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems has invested 0% in RLI Corp. (NYSE:RLI). 12,527 are owned by Metropolitan Life Insur New York. State Of Alaska Department Of Revenue holds 12,570 shares or 0.02% of its portfolio. Prudential Fincl Inc holds 0.01% in RLI Corp. (NYSE:RLI) or 79,274 shares. Stifel Financial invested 0% in RLI Corp. (NYSE:RLI). Chatham Capital Group holds 10,905 shares or 0.19% of its portfolio. Piedmont Inv Limited Liability Co reported 8,321 shares stake. Renaissance Technology Ltd Com stated it has 71,300 shares or 0% of all its holdings. Numerixs Invest holds 0.01% or 800 shares. Victory Cap Management has 0.06% invested in RLI Corp. (NYSE:RLI). Riverhead Capital Management Ltd Liability Co reported 3,784 shares stake. Busey Trust Communication invested in 6,490 shares. State Board Of Administration Of Florida Retirement, a Florida-based fund reported 27,932 shares.

Since January 4, 2018, it had 1 buying transaction, and 7 selling transactions for $1.59 million activity. Shares for $326,780 were sold by STONE MICHAEL J on Monday, January 29. On Monday, January 29 the insider Diefenthaler Aaron Paul sold $58,291. AHLMANN KAJ sold 1,005 shares worth $64,109.

RLI Corp. (NYSE:RLI) Ratings Coverage

Among 2 analysts covering RLI Corp (NYSE:RLI), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. RLI Corp had 2 analyst reports since January 25, 2018 according to SRatingsIntel. The company was maintained on Thursday, April 19 by RBC Capital Markets. Below is a list of RLI Corp. (NYSE:RLI) latest ratings and price target changes.

19/04/2018 Broker: RBC Capital Markets Rating: Sell New Target: $56.0000 Maintain
25/01/2018 Broker: FBR Capital Rating: Hold New Target: $55.0

The stock increased 1.09% or $0.74 during the last trading session, reaching $68.82. About 74,931 shares traded. RLI Corp. (NYSE:RLI) has risen 21.88% since June 14, 2017 and is uptrending. It has outperformed by 9.31% the S&P500.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance in the United States. The company has market cap of $3.05 billion. The Company’s Casualty segment provides commercial and personal umbrella coverage products; and general liability products, such as coverage for third party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. It has a 29.16 P/E ratio. This segment also offers coverages in the area of onshore energy related businesses, as well as environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and commercial automobile liability and physical damage insurance products, and other types of commercial automobile risks, as well as related insurance coverages, such as general liability, excess liability, and motor truck cargo.

Another recent and important RLI Corp. (NYSE:RLI) news was published by which published an article titled: “RLI Names Seth A. Davis as Vice President, Corporate Services; Patrick D. Ferrell Promoted to Vice President, Internal …” on June 13, 2018.

RLI Corp. (NYSE:RLI) Ratings Chart

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