Cooke & Bieler LP boosted its stake in Endurance Specialty Holdings Ltd. (NYSE:ENH) by 16.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 458,885 shares of the company’s stock after buying an additional 63,772 shares during the period. Cooke & Bieler LP owned approximately 0.68% of Endurance Specialty Holdings worth $30,819,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ENH. Public Employees Retirement Association of Colorado raised its position in shares of Endurance Specialty Holdings by 0.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 18,137 shares of the company’s stock worth $1,218,000 after buying an additional 55 shares in the last quarter. Bank of Montreal Can bought a new position in shares of Endurance Specialty Holdings during the second quarter worth approximately $1,276,000. Meeder Asset Management Inc. raised its position in shares of Endurance Specialty Holdings by 22.0% in the second quarter. Meeder Asset Management Inc. now owns 14,599 shares of the company’s stock worth $980,000 after buying an additional 2,637 shares in the last quarter. Adams Diversified Equity Fund Inc. bought a new position in shares of Endurance Specialty Holdings during the second quarter worth approximately $390,000. Finally, Oakbrook Investments LLC bought a new position in shares of Endurance Specialty Holdings during the second quarter worth approximately $421,000. 87.73% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Endurance Specialty Holdings (NYSE:ENH)

Endurance Specialty Holdings Ltd. (NYSE:ENH) traded up 0.01% during mid-day trading on Tuesday, reaching $91.86. The company’s stock had a trading volume of 1,042,353 shares. The company has a 50 day moving average of $73.05 and a 200-day moving average of $67.75. Endurance Specialty Holdings Ltd. has a 52-week low of $57.97 and a 52-week high of $92.18. The stock has a market cap of $6.21 billion, a PE ratio of 18.89 and a beta of 0.78.

Endurance Specialty Holdings (NYSE:ENH) last posted its earnings results on Monday, August 1st. The company reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.03. The firm had revenue of $599.61 million for the quarter, compared to analyst estimates of $728.83 million. Endurance Specialty Holdings had a return on equity of 6.29% and a net margin of 14.86%. The company’s revenue for the quarter was up 30.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.76 earnings per share. Equities analysts forecast that Endurance Specialty Holdings Ltd. will post $5.41 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were issued a dividend of $0.38 per share. The ex-dividend date was Wednesday, September 14th. This represents a $1.52 annualized dividend and a yield of 1.65%. Endurance Specialty Holdings’s dividend payout ratio is presently 31.60%.

ENH has been the topic of a number of analyst reports. Zacks Investment Research lowered Endurance Specialty Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 8th. Keefe, Bruyette & Woods raised Endurance Specialty Holdings from a “market perform” rating to an “outperform” rating and set a $79.00 price objective on the stock in a report on Monday, July 11th. Janney Montgomery Scott lowered Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a report on Tuesday, October 11th. Finally, Langen Mcalenn lowered Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a report on Tuesday, October 11th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Endurance Specialty Holdings has a consensus rating of “Hold” and an average price target of $82.00.

About Endurance Specialty Holdings

Endurance Specialty Holdings Ltd. is a holding company. The Company, through its operating subsidiaries in Bermuda, the United States and the United Kingdom, focuses on underwriting specialty lines of personal and commercial property, and casualty insurance and reinsurance. It operates through two segments: Insurance and Reinsurance.

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