Berkshire Hathaway’s Insurance: What to Expect amid Rising Claims
Berkshire Hathaway (BRK.B) saw subdued profits in its Insurance segment in 2Q17, mainly due to higher claims. The trend is set to get stronger in the second half of 2017
Of the 16 analysts covering Invesco (IVZ) stock, seven (43.8%) have recommended “strong buy,” five (31.3%) have recommended “buy,” and four (25%) have recommended “hold.” In August 2017, 15 analysts were the covering…
Invesco (IVZ) had total AUM (assets under management) of $858.3 billion on June 30, 2017, of which the retail channel contributed $572.4 billion and the institutional channel contributed $285.9 billion. In its…
In 2Q17, Invesco’s (IVZ) AUM (assets under management) rose 2.8% to $858.3 billion from $834.8 billion in 1Q17, and its net revenue rose 4.5% to $906.3 million from $867.1 million…
Invesco (IVZ) generates the majority of its operating revenue from performance, investment management, service, and distribution fees. The company’s operating revenue rose 5.5% to $1.3 billion in 2Q17 from $1.2 billion in…
Invesco’s (IVZ) total operating expenses rose marginally between 2Q16 and 2Q17, to $935.5 million from $887.9 million, a 5.4% increase.
As of September 2017, Berkshire Hathaway (BRK.B) stock has risen 1.5% in the past month and 25.7% in the past year.
Berkshire Hathaway (BRK.B) continues to follow the policy of no dividends and share splits. The company has only recently engaged in the repurchases of its stock.
According to its 13F filings, Berkshire Hathaway’s (BRK.B) portfolio value was $162.0 billion in 2Q17 compared to $163.0 billion in the previous quarter.
The Fed has suggested at least three rate hikes in 2018, which is in line with its policy in 2017.
Of the seven analysts covering Berkshire Hathaway (BRK.B) stock, four have given it a “buy” or “strong buy” recommendation in September 2017 compared to three in the previous six months.
Berkshire Hathaway’s (BRK.B) services and retail divisions generate revenues from financial services, electronics, jet services, housing finance, media, and logistics.
Berkshire’s manufacturing division managed a 4.4% top-line growth in 2Q17, totaling $12.7 billion, fueled by growth in industrial, building, and consumer products.
In 2Q17, Berkshire’s BHE saw revenues of ~$4.6 billion compared with $4.3 billion in the prior year.
Berkshire Hathaway’s (BRK.B) BNSF Railway saw a rebound in 2017 after a weak performance over the past couple of years.
Berkshire Hathaway (BRK.B) and other major reinsurers are expecting to see the fallout of Hurricanes Harvey and Irma and other recent storms. Berkshire continues to outperform the S&P 500.
Of 20 analysts analyzing State Street Corporation (STT), 13 analysts rated the stock as a “hold,” and three analysts gave a “buy” rating on the company’s stock.
State Street’s Investment Servicing division witnessed a marginal rise of 3% in its total expenses in 1H17 compared to 1H16.
State Street Corporation (STT) has an enterprise value of $52.8 billion.
In 1H16, STT reported total expenses of ~$3.9 billion.