LSV Asset Management Sells 6,200 Shares of Blue Capital Reinsurance Holdings Ltd (BCRH)

LSV Asset Management lowered its stake in Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) by 5.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 108,177 shares of the insurance provider’s stock after selling 6,200 shares during the quarter. LSV Asset Management’s holdings in Blue Capital Reinsurance were worth $1,303,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BCRH. Bank of New York Mellon Corp grew its stake in shares of Blue Capital Reinsurance by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 19,445 shares of the insurance provider’s stock worth $356,000 after buying an additional 194 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Blue Capital Reinsurance by 153.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 27,436 shares of the insurance provider’s stock worth $503,000 after buying an additional 16,621 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Blue Capital Reinsurance by 52.4% in the 2nd quarter. Wells Fargo & Company MN now owns 23,023 shares of the insurance provider’s stock worth $420,000 after buying an additional 7,913 shares during the last quarter. Teachers Advisors LLC grew its stake in shares of Blue Capital Reinsurance by 3.4% in the 2nd quarter. Teachers Advisors LLC now owns 11,514 shares of the insurance provider’s stock worth $211,000 after buying an additional 376 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Blue Capital Reinsurance by 5.2% in the 2nd quarter. Northern Trust Corp now owns 64,334 shares of the insurance provider’s stock worth $1,177,000 after buying an additional 3,161 shares during the last quarter. Institutional investors own 43.16% of the company’s stock.

Shares of Blue Capital Reinsurance Holdings Ltd (NYSE BCRH) opened at $11.25 on Thursday. Blue Capital Reinsurance Holdings Ltd has a 52 week low of $11.20 and a 52 week high of $20.83. The company has a market capitalization of $101.19, a price-to-earnings ratio of -2.28 and a beta of -0.04.

Several analysts recently weighed in on the company. ValuEngine downgraded Blue Capital Reinsurance from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. TheStreet downgraded Blue Capital Reinsurance from a “b-” rating to a “c+” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded Blue Capital Reinsurance from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, Jefferies Group downgraded Blue Capital Reinsurance to a “hold” rating in a research note on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Blue Capital Reinsurance has a consensus rating of “Hold” and an average price target of $18.00.

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Blue Capital Reinsurance 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 (NYSE:BCRH)

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