Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) has earned a consensus rating of “Hold” from the five analysts that are currently covering the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $20.50.

A number of equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods raised their price target on Blue Capital Reinsurance Holdings from $19.00 to $20.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 3rd. TheStreet raised Blue Capital Reinsurance Holdings from a “hold” rating to a “buy” rating in a research note on Monday, October 24th. Raymond James Financial Inc. restated a “market perform” rating on shares of Blue Capital Reinsurance Holdings in a report on Wednesday, October 19th. Finally, Zacks Investment Research upgraded Blue Capital Reinsurance Holdings from a “sell” rating to a “hold” rating in a report on Thursday, November 3rd.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in shares of Blue Capital Reinsurance Holdings by 0.8% in the third quarter. California State Teachers Retirement System now owns 12,483 shares of the company’s stock worth $229,000 after buying an additional 100 shares in the last quarter. Clear Harbor Asset Management LLC increased its position in shares of Blue Capital Reinsurance Holdings by 3.2% in the second quarter. Clear Harbor Asset Management LLC now owns 16,008 shares of the company’s stock worth $296,000 after buying an additional 489 shares in the last quarter. Strs Ohio increased its position in shares of Blue Capital Reinsurance Holdings by 2.6% in the third quarter. Strs Ohio now owns 19,700 shares of the company’s stock worth $360,000 after buying an additional 500 shares in the last quarter. Wedge Capital Management L L P NC increased its position in shares of Blue Capital Reinsurance Holdings by 5.4% in the second quarter. Wedge Capital Management L L P NC now owns 43,000 shares of the company’s stock worth $796,000 after buying an additional 2,200 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Blue Capital Reinsurance Holdings by 9.3% in the second quarter. Acadian Asset Management LLC now owns 31,990 shares of the company’s stock worth $593,000 after buying an additional 2,735 shares in the last quarter. Institutional investors own 40.07% of the company’s stock.

Blue Capital Reinsurance Holdings (NYSE:BCRH) traded down 5.76% on Wednesday, hitting $18.00. The stock had a trading volume of 47,542 shares. The company has a 50-day moving average price of $17.99 and a 200 day moving average price of $17.81. The firm has a market cap of $157.61 million, a PE ratio of 10.03 and a beta of 0.04. Blue Capital Reinsurance Holdings has a 52-week low of $16.46 and a 52-week high of $19.51.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last issued its quarterly earnings results on Monday, October 31st. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.02. Blue Capital Reinsurance Holdings had a return on equity of 8.67% and a net margin of 38.29%. The firm earned $9.90 million during the quarter, compared to analyst estimates of $9.40 million. During the same period last year, the company earned $0.50 EPS. Blue Capital Reinsurance Holdings’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities analysts forecast that Blue Capital Reinsurance Holdings will post $1.64 earnings per share for the current fiscal year.

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About Blue Capital Reinsurance Holdings

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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