LSV Asset Management Has $2,030,000 Holdings in Blue Capital Reinsurance Holdings Ltd. (BCRH)

LSV Asset Management continued to hold its stake in shares of Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 110,977 shares of the insurance provider’s stock at the end of the second quarter. LSV Asset Management owned 1.27% of Blue Capital Reinsurance Holdings worth $2,030,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. US Bancorp DE lifted its stake in Blue Capital Reinsurance Holdings by 393.3% during the second quarter. US Bancorp DE now owns 7,400 shares of the insurance provider’s stock worth $135,000 after purchasing an additional 5,900 shares during the last quarter. Teachers Advisors LLC increased its position in Blue Capital Reinsurance Holdings by 14.2% in the fourth quarter. Teachers Advisors LLC now owns 11,138 shares of the insurance provider’s stock worth $205,000 after buying an additional 1,386 shares during the period. Oxford Asset Management acquired a new stake in Blue Capital Reinsurance Holdings in the first quarter worth $225,000. Wells Fargo & Company MN increased its position in Blue Capital Reinsurance Holdings by 242.7% in the first quarter. Wells Fargo & Company MN now owns 15,110 shares of the insurance provider’s stock worth $292,000 after buying an additional 10,701 shares during the period. Finally, Bessemer Group Inc. increased its position in Blue Capital Reinsurance Holdings by 0.5% in the second quarter. Bessemer Group Inc. now owns 18,500 shares of the insurance provider’s stock worth $339,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 40.12% of the company’s stock.

Shares of Blue Capital Reinsurance Holdings Ltd. (BCRH) opened at 16.25 on Thursday. Blue Capital Reinsurance Holdings Ltd. has a 12 month low of $13.75 and a 12 month high of $20.83. The firm has a 50-day moving average price of $18.28 and a 200 day moving average price of $18.68. The firm has a market capitalization of $142.37 million, a price-to-earnings ratio of 8.84 and a beta of 0.11.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last announced its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.02. The business had revenue of $10.30 million for the quarter, compared to analyst estimates of $11.09 million. Blue Capital Reinsurance Holdings had a return on equity of 8.84% and a net margin of 38.93%. Blue Capital Reinsurance Holdings’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 EPS. On average, analysts anticipate that Blue Capital Reinsurance Holdings Ltd. will post $1.76 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 7.38%. The ex-dividend date is Thursday, September 28th. Blue Capital Reinsurance Holdings’s dividend payout ratio is 65.57%.

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BCRH has been the topic of several analyst reports. Zacks Investment Research raised Blue Capital Reinsurance Holdings from a “sell” rating to a “hold” rating in a research report on Monday, August 28th. ValuEngine lowered Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $21.00.

Blue Capital Reinsurance Holdings Company Profile

Blue Capital Reinsurance Holdings Ltd. provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd.

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Institutional Ownership by Quarter for Blue Capital Reinsurance Holdings (NYSE:BCRH)

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