Validus Holdings, Ltd. (NYSE:VR) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Friday.

A number of other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Validus Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 2nd. Deutsche Bank AG raised their price objective on shares of Validus Holdings from $56.00 to $59.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $55.00 price objective on shares of Validus Holdings in a research report on Thursday, April 27th. Finally, ValuEngine upgraded shares of Validus Holdings from a “hold” rating to a “buy” rating in a research report on Saturday, June 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $57.00.

Shares of Validus Holdings (NYSE VR) traded down 0.27% during midday trading on Friday, hitting $52.49. 165,406 shares of the company were exchanged. Validus Holdings has a one year low of $48.77 and a one year high of $58.76. The stock’s 50-day moving average is $52.82 and its 200-day moving average is $54.67. The stock has a market cap of $4.17 billion, a PE ratio of 14.48 and a beta of 0.64.

Validus Holdings (NYSE:VR) last announced its earnings results on Thursday, July 27th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.10. The business had revenue of $675.27 million during the quarter, compared to analysts’ expectations of $922.84 million. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. During the same quarter last year, the company posted $0.66 EPS. Equities research analysts anticipate that Validus Holdings will post $3.74 EPS for the current year.

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In other Validus Holdings news, Director Matthew J. Grayson sold 30,000 shares of the firm’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $52.67, for a total value of $1,580,100.00. Following the completion of the sale, the director now owns 61,393 shares in the company, valued at approximately $3,233,569.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Matthew J. Grayson sold 5,000 shares of the firm’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $53.50, for a total transaction of $267,500.00. Following the completion of the sale, the director now owns 99,520 shares of the company’s stock, valued at approximately $5,324,320. The disclosure for this sale can be found here. Insiders sold a total of 56,000 shares of company stock valued at $2,959,300 in the last 90 days. Corporate insiders own 2.33% of the company’s stock.

Large investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue boosted its stake in shares of Validus Holdings by 4.6% in the first quarter. State of Alaska Department of Revenue now owns 10,114 shares of the insurance provider’s stock valued at $570,000 after buying an additional 448 shares in the last quarter. Loeb Partners Corp boosted its stake in shares of Validus Holdings by 1.1% in the first quarter. Loeb Partners Corp now owns 36,100 shares of the insurance provider’s stock valued at $2,035,000 after buying an additional 400 shares in the last quarter. PhiloSmith Capital Corp boosted its stake in shares of Validus Holdings by 15.7% in the first quarter. PhiloSmith Capital Corp now owns 132,570 shares of the insurance provider’s stock valued at $7,476,000 after buying an additional 18,000 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Validus Holdings by 7.8% in the first quarter. ProShare Advisors LLC now owns 11,661 shares of the insurance provider’s stock valued at $658,000 after buying an additional 839 shares in the last quarter. Finally, Sit Investment Associates Inc. boosted its stake in shares of Validus Holdings by 2.7% in the first quarter. Sit Investment Associates Inc. now owns 25,275 shares of the insurance provider’s stock valued at $1,425,000 after buying an additional 675 shares in the last quarter. Hedge funds and other institutional investors own 97.84% of the company’s stock.

About Validus Holdings

Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183.

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