State Street Corp raised its position in shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) by 9.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,797,085 shares of the insurance provider’s stock after buying an additional 157,245 shares during the period. State Street Corp owned approximately 2.08% of Maiden Holdings worth $25,158,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MHLD. BlackRock Inc. boosted its stake in shares of Maiden Holdings by 60,759.0% in the first quarter. BlackRock Inc. now owns 7,940,270 shares of the insurance provider’s stock worth $111,162,000 after buying an additional 7,927,223 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Maiden Holdings by 5.0% in the first quarter. Dimensional Fund Advisors LP now owns 6,611,292 shares of the insurance provider’s stock worth $92,558,000 after buying an additional 315,777 shares during the last quarter. Boston Partners boosted its stake in shares of Maiden Holdings by 14.4% in the first quarter. Boston Partners now owns 5,182,259 shares of the insurance provider’s stock worth $72,552,000 after buying an additional 653,831 shares during the last quarter. LSV Asset Management boosted its stake in shares of Maiden Holdings by 6.0% in the first quarter. LSV Asset Management now owns 3,364,150 shares of the insurance provider’s stock worth $47,098,000 after buying an additional 190,841 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Maiden Holdings by 49.5% in the first quarter. Bank of New York Mellon Corp now owns 1,593,854 shares of the insurance provider’s stock worth $22,314,000 after buying an additional 528,032 shares during the last quarter. 66.49% of the stock is owned by institutional investors and hedge funds.

Shares of Maiden Holdings, Ltd. (NASDAQ MHLD) traded up 0.682% on Tuesday, hitting $11.075. 24,125 shares of the stock were exchanged. The firm’s 50 day moving average price is $11.14 and its 200 day moving average price is $13.34. Maiden Holdings, Ltd. has a one year low of $10.25 and a one year high of $18.95. The firm has a market cap of $958.57 million, a price-to-earnings ratio of 184.583 and a beta of 1.18.

Maiden Holdings (NASDAQ:MHLD) last issued its quarterly earnings data on Monday, May 8th. The insurance provider reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.12. The firm had revenue of $756.30 million during the quarter, compared to the consensus estimate of $647.60 million. Maiden Holdings had a net margin of 1.37% and a return on equity of 3.41%. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.35 earnings per share. Equities analysts anticipate that Maiden Holdings, Ltd. will post $1.41 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Monday, October 2nd will be given a dividend of $0.15 per share. The ex-dividend date is Friday, September 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.45%. Maiden Holdings’s dividend payout ratio (DPR) is 400.00%.

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A number of equities research analysts have recently commented on MHLD shares. BidaskClub raised shares of Maiden Holdings from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. FBR & Co reiterated a “hold” rating and set a $13.00 price target on shares of Maiden Holdings in a research note on Tuesday, June 27th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $19.00 price target on shares of Maiden Holdings in a research note on Friday, June 9th. Finally, Compass Point upgraded shares of Maiden Holdings from a “neutral” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, May 10th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $16.25.

About Maiden Holdings

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

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Institutional Ownership by Quarter for Maiden Holdings (NASDAQ:MHLD)

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