Ajo LP Buys New Stake in Third Point Reinsurance Ltd. (TPRE)

Brunilde Fioravanti
Settembre 25, 2017

When looking at the past five sessions, the stock returned 1.25% gains and is up by 5.74% compared with its 200-day moving average of $109.39. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,887 shares in its portfolio. Brown Forman Corp Class B now has $21.11 billion valuation. The stock decreased 0.83% or $0.05 on September 22, reaching $6.

The company had seen its current volume reaching at 2.59 million shares in the last trade. It is up 10.16% since September 24, 2016 and is uptrending. It has outperformed by 34.70% the S&P500. The firm has "Sector Perform" rating by RBC Capital Markets given on Monday, January 4. The legal version of this story can be accessed at https://stocknewstimes.com/2017/09/23/third-point-reinsurance-ltd-tpre-shares-bought-by-los-angeles-capital-management-equity-research-inc.html. Third Pt Reins Ltd now has $1.67 billion valuation. The stock has "Hold" rating by Keefe Bruyette & Woods on Friday, September 15. That compares with the recent volume average of 0.53 million.

Short traders are feeling a little more bearish on shares of Third Point Reinsurance Ltd. of late if you consider the change in short interest. It has underperformed by 6.54% the S&P500. As of quarter end Ubs Group Ag had sold a total of 201 shares trimming its position 11.4%. Pine Brook Road Advisors, Lp owns 3,295,517 shares valued at $45,808,000. Cisco Systems Inc (NASDAQ:CSCO) was reduced too.

Among 22 analysts covering Nokia (NYSE:NOK), 11 have Buy rating, 2 Sell and 9 Hold. Therefore 0 are positive. TPRE was a big mover last session, as the company saw its shares rise almost 8% on the day. RBC Capital Markets maintained it with "Hold" rating and $5100 target in Friday, June 23 report. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The company was upgraded on Tuesday, February 7 by Morgan Stanley. Srb, Massachusetts-based fund reported 458 shares. RBC Capital Markets has "Outperform" rating and $384 target.

Investors sentiment increased to 2.46 in 2017 Q2. Its up 0.09, from 1.19 in 2017Q1. Indexiq Advsr Ltd Liability Corporation stated it has 39,129 shares or 0.03% of all its holdings. The number of shares now owned by investors are 105.89 mln.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Third Point Reinsurance Ltd. (NYSE:TPRE). Dimensional Fund Limited Partnership owns 1.23M shares. Third Point Reinsurance had 9 analyst reports since August 7, 2015 according to SRatingsIntel. Mizuho Fincl Incorporated owns 3.07M shares. AQR Capital Management LLC's holdings in Third Point Reinsurance were worth $445,000 as of its most recent SEC filing. (TPRE) opened at 15.55 on Friday. Van Eck accumulated 0.08% or 36,425 shares. Bancshares Of Mellon Corporation holds 291,820 shares or 0% of its portfolio. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. Royal National Bank Of Canada stated it has 604,400 shares or 0% of all its holdings.

Since May 25, 2017, it had 0 insider buys, and 3 selling transactions for $381,750 activity. Malloy Daniel V. had sold 20,000 shares worth $253,000 on Thursday, May 25. After $0.71 actual earnings per share reported by Third Point Reinsurance Ltd for the previous quarter, Wall Street now forecasts -40.85% negative EPS growth. Third Point Reinsurance Ltd. The firm has "Buy" rating by Compass Point given on Wednesday, September 2.

Third Point Reinsurance Ltd. Co (NYSE:TPRE)'s revenue estimates for the current quarter are $134.75 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $142.2 Million in contradiction of low revenue estimates of $127.3 Million. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Friday, September 8 report.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE