Selective Insurance Group, Inc. (SIGI) At $60.15 Forms Top; Currencyshares Euro Trust (FXE) Has 0.72 Sentiment

Selective Insurance Group, Inc. (NASDAQ:SIGI) Logo

Currencyshares Euro Trust (FXE) investors sentiment decreased to 0.72 in 2017 Q4. It’s down -0.23, from 0.95 in 2017Q3. The ratio dived, as 18 hedge funds opened new and increased stock positions, while 25 sold and decreased their stock positions in Currencyshares Euro Trust. The hedge funds in our database now own: 2.18 million shares, down from 3.56 million shares in 2017Q3. Also, the number of hedge funds holding Currencyshares Euro Trust in top ten stock positions decreased from 2 to 0 for a decrease of 2. Sold All: 11 Reduced: 14 Increased: 10 New Position: 8.

Selective Insurance Group, Inc. (SIGI) formed multiple top with $62.56 target or 4.00% above today’s $60.15 share price. Selective Insurance Group, Inc. (SIGI) has $3.53B valuation. The stock decreased 0.58% or $0.35 during the last trading session, reaching $60.15. About 6,748 shares traded. Selective Insurance Group, Inc. (NASDAQ:SIGI) has risen 26.95% since April 30, 2017 and is uptrending. It has outperformed by 15.40% the S&P500.

The stock decreased 0.38% or $0.44 during the last trading session, reaching $116.12. About 64,758 shares traded. PowerShares CurrencyShares® Euro Trust (FXE) has risen 13.18% since April 30, 2017 and is uptrending. It has outperformed by 1.63% the S&P500.

Leuthold Group Llc holds 1.31% of its portfolio in PowerShares CurrencyShares® Euro Trust for 113,089 shares. North Star Investment Management Corp. owns 50,256 shares or 0.7% of their US portfolio. Moreover, Quantitative Advantage Llc has 0.7% invested in the company for 20,408 shares. The Maryland-based Hussman Strategic Advisors Inc. has invested 0.66% in the stock. Indexiq Advisors Llc, a New York-based fund reported 51,895 shares.

Among 5 analysts covering Selective Insurance (NASDAQ:SIGI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Selective Insurance had 18 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, October 30 with “Outperform”. Keefe Bruyette & Woods maintained Selective Insurance Group, Inc. (NASDAQ:SIGI) rating on Monday, February 5. Keefe Bruyette & Woods has “Hold” rating and $62.0 target. The company was maintained on Friday, October 27 by Keefe Bruyette & Woods. RBC Capital Markets maintained Selective Insurance Group, Inc. (NASDAQ:SIGI) on Friday, December 8 with “Hold” rating. The stock of Selective Insurance Group, Inc. (NASDAQ:SIGI) has “Hold” rating given on Wednesday, September 20 by Keefe Bruyette & Woods. The stock of Selective Insurance Group, Inc. (NASDAQ:SIGI) has “Hold” rating given on Friday, April 6 by Sandler O’Neill. RBC Capital Markets maintained the shares of SIGI in report on Thursday, July 27 with “Hold” rating. The firm earned “Outperform” rating on Friday, July 31 by RBC Capital Markets. The company was downgraded on Friday, December 9 by RBC Capital Markets. RBC Capital Markets maintained Selective Insurance Group, Inc. (NASDAQ:SIGI) rating on Monday, October 2. RBC Capital Markets has “Hold” rating and $50.0 target.

Investors sentiment increased to 0.85 in Q4 2017. Its up 0.05, from 0.8 in 2017Q3. It is positive, as 13 investors sold Selective Insurance Group, Inc. shares while 74 reduced holdings. 27 funds opened positions while 47 raised stakes. 44.19 million shares or 0.72% less from 44.51 million shares in 2017Q3 were reported. Piermont Capital invested 1.02% in Selective Insurance Group, Inc. (NASDAQ:SIGI). Strs Ohio stated it has 0.01% in Selective Insurance Group, Inc. (NASDAQ:SIGI). Glenmede Company Na accumulated 175 shares. 3,910 were accumulated by Everence Capital Mgmt Inc. Gemmer Asset Ltd Com owns 70 shares. Thrivent Fincl For Lutherans owns 45,128 shares or 0.01% of their US portfolio. Fifth Third State Bank stated it has 470 shares or 0% of all its holdings. 98,140 are owned by Arizona State Retirement. The Ohio-based Stratos Wealth Prtn has invested 0% in Selective Insurance Group, Inc. (NASDAQ:SIGI). Comerica Bankshares has 60,317 shares for 0.02% of their portfolio. The United Kingdom-based Legal General Grp Public Limited Com has invested 0.01% in Selective Insurance Group, Inc. (NASDAQ:SIGI). Aperio Gp Incorporated Ltd Co accumulated 32,135 shares or 0.01% of the stock. 83,473 are held by State Common Retirement Fund. Ameriprise Fin owns 0.01% invested in Selective Insurance Group, Inc. (NASDAQ:SIGI) for 345,352 shares. California State Teachers Retirement holds 0.01% or 90,753 shares in its portfolio.

Analysts await Selective Insurance Group, Inc. (NASDAQ:SIGI) to report earnings on May, 2 after the close. They expect $0.44 EPS, down 48.84% or $0.42 from last year’s $0.86 per share. SIGI’s profit will be $25.84M for 34.18 P/E if the $0.44 EPS becomes a reality. After $0.86 actual EPS reported by Selective Insurance Group, Inc. for the previous quarter, Wall Street now forecasts -48.84% negative EPS growth.

Selective Insurance Group, Inc. (NASDAQ:SIGI) Institutional Positions Chart