Validus Holdings, Ltd. (VR) Position Held by Semper Augustus Investments Group LLC

Semper Augustus Investments Group LLC held its stake in Validus Holdings, Ltd. (NYSE:VR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,851 shares of the insurance provider’s stock at the end of the second quarter. Validus Holdings comprises about 2.2% of Semper Augustus Investments Group LLC’s portfolio, making the stock its 14th largest position. Semper Augustus Investments Group LLC owned 0.07% of Validus Holdings worth $2,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of VR. Vanguard Group Inc. raised its holdings in shares of Validus Holdings by 1.8% during the first quarter. Vanguard Group Inc. now owns 6,193,054 shares of the insurance provider’s stock valued at $349,227,000 after buying an additional 112,237 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Validus Holdings by 11.2% during the second quarter. BlackRock Inc. now owns 3,597,480 shares of the insurance provider’s stock valued at $186,963,000 after buying an additional 361,617 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Validus Holdings by 7.4% during the second quarter. Victory Capital Management Inc. now owns 2,546,912 shares of the insurance provider’s stock valued at $132,363,000 after buying an additional 176,151 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Validus Holdings by 7.5% during the second quarter. JPMorgan Chase & Co. now owns 2,468,885 shares of the insurance provider’s stock valued at $128,307,000 after buying an additional 172,976 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Validus Holdings by 5.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,260,112 shares of the insurance provider’s stock valued at $127,448,000 after buying an additional 106,936 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Validus Holdings, Ltd. (VR) traded down 0.02% on Friday, reaching $47.22. 1,190,937 shares of the company’s stock traded hands. Validus Holdings, Ltd. has a 52-week low of $41.15 and a 52-week high of $58.76. The firm’s 50 day moving average price is $50.94 and its 200 day moving average price is $53.46. The firm has a market capitalization of $3.75 billion, a PE ratio of 13.02 and a beta of 0.65.

Validus Holdings (NYSE:VR) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.10. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. The business had revenue of $675.27 million for the quarter, compared to analyst estimates of $922.84 million. During the same period in the prior year, the business posted $0.66 earnings per share. On average, analysts predict that Validus Holdings, Ltd. will post $3.54 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.52 annualized dividend and a yield of 3.22%. Validus Holdings’s dividend payout ratio is currently 41.87%.

A number of research firms have recently weighed in on VR. BidaskClub cut Validus Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Keefe, Bruyette & Woods set a $55.00 price objective on shares of Validus Holdings and gave the company a “hold” rating in a research note on Thursday, August 17th. Buckingham Research started coverage on shares of Validus Holdings in a research note on Monday, September 11th. They set a “buy” rating and a $52.00 price objective on the stock. ValuEngine upgraded shares of Validus Holdings from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd. Finally, Zacks Investment Research lowered shares of Validus Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Validus Holdings currently has a consensus rating of “Hold” and a consensus price target of $56.29.

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Validus Holdings Profile

Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183.

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Institutional Ownership by Quarter for Validus Holdings (NYSE:VR)

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