Endurance Specialty Holdings Ltd. (NYSE:ENH) has received a consensus rating of “Hold” from the six ratings firms that are currently covering the company. Six equities research analysts have rated the stock with a hold recommendation. The average 12-month price target among brokers that have covered the stock in the last year is $93.00.

ENH has been the topic of a number of analyst reports. Keefe, Bruyette & Woods set a $80.00 price target on Endurance Specialty Holdings and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research raised Endurance Specialty Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, October 4th. Langen Mcalenn cut Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 11th. Janney Montgomery Scott cut Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 11th. Finally, Macquarie cut Endurance Specialty Holdings from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 19th.

Shares of Endurance Specialty Holdings (NYSE:ENH) opened at 92.36 on Wednesday. Endurance Specialty Holdings has a 1-year low of $57.97 and a 1-year high of $92.50. The stock has a 50 day moving average price of $92.03 and a 200 day moving average price of $73.26. The firm has a market capitalization of $6.24 billion, a PE ratio of 15.38 and a beta of 0.55.

Endurance Specialty Holdings (NYSE:ENH) last issued its quarterly earnings results on Friday, November 4th. The company reported $1.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.71 by $0.19. The company had revenue of $610.16 million for the quarter, compared to analyst estimates of $422.30 million. Endurance Specialty Holdings had a return on equity of 7.10% and a net margin of 17.54%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 EPS. Equities research analysts anticipate that Endurance Specialty Holdings will post $5.10 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Endurance Specialty Holdings by 4.9% in the second quarter. Vanguard Group Inc. now owns 4,499,522 shares of the company’s stock worth $302,188,000 after buying an additional 210,401 shares during the last quarter. LSV Asset Management boosted its position in shares of Endurance Specialty Holdings by 1.1% in the second quarter. LSV Asset Management now owns 3,003,086 shares of the company’s stock worth $201,687,000 after buying an additional 33,329 shares during the last quarter. Champlain Investment Partners LLC boosted its position in shares of Endurance Specialty Holdings by 2.4% in the second quarter. Champlain Investment Partners LLC now owns 2,438,505 shares of the company’s stock worth $163,770,000 after buying an additional 56,150 shares during the last quarter. BlackRock Fund Advisors boosted its position in shares of Endurance Specialty Holdings by 7.7% in the third quarter. BlackRock Fund Advisors now owns 2,300,019 shares of the company’s stock worth $150,536,000 after buying an additional 163,714 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its position in shares of Endurance Specialty Holdings by 3.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,933,137 shares of the company’s stock worth $126,524,000 after buying an additional 71,412 shares during the last quarter. Institutional investors own 87.64% of the company’s stock.

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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