PartnerRe (PRE) Reports In-Line Q3 EPS

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BofA/Merrill Lynch Downgrades PartnerRe (PRE) to Neutral

October 29, 2014 8:52 AM EDT

BofA/Merrill Lynch downgraded PartnerRe (NYSE: PRE) from Buy to Neutral with a price target of $118.00 (from $116.00) on valuation following Q3 results.

Analyst Jay Cohen expects PartnerRes ROE to stay under pressure due to the challenging market conditions in reinsurance.

The firm is... More

PartnerRe (PRE) Declares $0.67 Quarterly Dividend; 2.3% Yield

October 27, 2014 9:04 AM EDT

PartnerRe (NYSE: PRE) declared a quarterly dividend of $0.67 per share, or $2.68 annualized.

The dividend will be payable on December 1, 2014, to stockholders of record on November 20, 2014, with an ex-dividend date of November 18, 2014.

The annual yield on the dividend is 2.3 percent.

For a... More