Rothschild Asset Management Inc. raised its stake in Endurance Specialty Holdings Ltd (NYSE:ENH) by 120.0% during the third quarter, Holdings Channel reports. The institutional investor owned 147,873 shares of the company’s stock after buying an additional 80,670 shares during the period. Rothschild Asset Management Inc.’s holdings in Endurance Specialty Holdings were worth $9,678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Advisor Group Inc. purchased a new stake in shares of Endurance Specialty Holdings during the second quarter worth approximately $105,000. State of Alaska Department of Revenue increased its stake in Endurance Specialty Holdings by 7.6% in the third quarter. State of Alaska Department of Revenue now owns 1,922 shares of the company’s stock worth $125,000 after buying an additional 135 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Endurance Specialty Holdings by 20.0% in the second quarter. PNC Financial Services Group Inc. now owns 2,764 shares of the company’s stock worth $186,000 after buying an additional 460 shares in the last quarter. FDx Advisors Inc. bought a new stake in Endurance Specialty Holdings during the second quarter worth about $246,000. Finally, Nadler Financial Group Inc. bought a new stake in Endurance Specialty Holdings during the third quarter worth about $250,000. Hedge funds and other institutional investors own 87.29% of the company’s stock.

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

Shares of Endurance Specialty Holdings Ltd (NYSE:ENH) opened at 92.72 on Friday. Endurance Specialty Holdings Ltd has a one year low of $57.97 and a one year high of $92.78. The stock’s 50 day moving average price is $92.42 and its 200-day moving average price is $79.48. The company has a market cap of $6.27 billion, a PE ratio of 15.44 and a beta of 0.52.

Endurance Specialty Holdings (NYSE:ENH) last announced its quarterly earnings results on Friday, November 4th. The company reported $1.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.71 by $0.19. Endurance Specialty Holdings had a net margin of 17.54% and a return on equity of 7.10%. The business earned $610.16 million during the quarter, compared to the consensus estimate of $422.30 million. During the same period in the previous year, the business posted $0.80 EPS. Endurance Specialty Holdings’s revenue was up 9.5% compared to the same quarter last year. On average, analysts expect that Endurance Specialty Holdings Ltd will post $4.82 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Wednesday, December 14th were given a $0.38 dividend. The ex-dividend date was Monday, December 12th. This represents a $1.52 annualized dividend and a yield of 1.64%. Endurance Specialty Holdings’s payout ratio is 25.33%.

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A number of analysts recently issued reports on ENH shares. Zacks Investment Research raised Endurance Specialty Holdings from a “sell” rating to a “buy” rating and set a $103.00 target price on the stock in a research report on Tuesday, December 13th. Langen Mcalenn downgraded Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 11th. Macquarie downgraded Endurance Specialty Holdings from an “outperform” rating to a “neutral” rating in a research report on Wednesday, October 19th. Janney Montgomery Scott downgraded Endurance Specialty Holdings from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 11th. Finally, Keefe, Bruyette & Woods downgraded Endurance Specialty Holdings from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from $80.00 to $93.00 in a research report on Friday, October 7th. Six research analysts have rated the stock with a hold rating, Endurance Specialty Holdings has an average rating of “Hold” and an average price target of $98.00.

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.

5 Day Chart for NYSE:ENH

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