Vanguard Group Inc. Purchases 2,803 Shares of Blue Capital Reinsurance Holdings Ltd. (BCRH)

Vanguard Group Inc. lifted its position in shares of Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 181,100 shares of the insurance provider’s stock after purchasing an additional 2,803 shares during the quarter. Vanguard Group Inc. owned approximately 2.07% of Blue Capital Reinsurance worth $3,315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Bessemer Group Inc. boosted its stake in Blue Capital Reinsurance by 0.5% in the 2nd quarter. Bessemer Group Inc. now owns 18,500 shares of the insurance provider’s stock valued at $339,000 after buying an additional 100 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in 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 valued at $356,000 after buying an additional 194 shares in the last quarter. Teachers Advisors LLC boosted its stake in Blue Capital Reinsurance by 3.4% in the 2nd quarter. Teachers Advisors LLC now owns 11,514 shares of the insurance provider’s stock valued at $211,000 after buying an additional 376 shares in the last quarter. Strs Ohio boosted its stake in Blue Capital Reinsurance by 6.1% in the 2nd quarter. Strs Ohio now owns 20,900 shares of the insurance provider’s stock valued at $382,000 after buying an additional 1,200 shares in the last quarter. Finally, Ativo Capital Management LLC boosted its stake in Blue Capital Reinsurance by 6.7% in the 2nd quarter. Ativo Capital Management LLC now owns 48,017 shares of the insurance provider’s stock valued at $879,000 after buying an additional 3,000 shares in the last quarter. 48.71% of the stock is currently owned by institutional investors.

Blue Capital Reinsurance Holdings Ltd. (NYSE BCRH) opened at $12.10 on Tuesday. Blue Capital Reinsurance Holdings Ltd. has a 52-week low of $11.80 and a 52-week high of $20.83.

Blue Capital Reinsurance (NYSE:BCRH) last issued its quarterly earnings data on Monday, October 30th. The insurance provider reported ($5.93) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($5.89) by ($0.04). Blue Capital Reinsurance had a negative net margin of 77.93% and a negative return on equity of 23.35%. The business had revenue of $19.10 million during the quarter, compared to the consensus estimate of $12.31 million. During the same quarter in the previous year, the firm posted $0.38 EPS. The company’s revenue for the quarter was up 92.9% compared to the same quarter last year. equities analysts expect that Blue Capital Reinsurance Holdings Ltd. will post -4.4 EPS for the current fiscal year.

Several analysts recently commented on the company. Jefferies Group lowered Blue Capital Reinsurance to a “hold” rating in a research note on Wednesday, November 29th. TheStreet lowered Blue Capital Reinsurance from a “b-” rating to a “c+” rating in a research note on Friday, October 27th. ValuEngine lowered Blue Capital Reinsurance from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Zacks Investment Research raised Blue Capital Reinsurance from a “sell” rating to a “hold” rating in a research note on Monday, August 28th. Finally, Deutsche Bank downgraded Blue Capital Reinsurance from a “buy” rating to a “hold” rating and cut their price objective for the company from $21.00 to $18.00 in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock has an average rating of “Hold” and a consensus 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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