Hannover Rück SE (OTCMKTS:HVRRY - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.04 and last traded at $55.04, with a volume of 3466 shares traded. The stock had previously closed at $53.83.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Hannover Rück to a "strong-buy" rating in a report on Monday, March 24th. Hsbc Global Res upgraded shares of Hannover Rück to a "hold" rating in a research report on Monday, April 28th. Finally, Barclays upgraded Hannover Rück to a "strong sell" rating in a report on Tuesday, January 28th.
Get Our Latest Stock Report on Hannover Rück
Hannover Rück Stock Down 2.7 %
The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $38.14 billion, a P/E ratio of 15.59 and a beta of 0.47. The company's 50-day simple moving average is $50.72 and its two-hundred day simple moving average is $46.11.
Hannover Rück Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.2709 per share. The ex-dividend date is Friday, May 9th. This represents a dividend yield of 0.5%. Hannover Rück's payout ratio is 26.07%.
Hannover Rück Company Profile
(
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Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.
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