Shares of Validus Holdings, Ltd. (NYSE:VR) were down 0.1% during mid-day trading on Wednesday . The company traded as low as $45.41 and last traded at $45.52. Approximately 1,490,261 shares were traded during mid-day trading, an increase of 208% from the average daily volume of 483,545 shares. The stock had previously closed at $45.49.

A number of analysts have issued reports on VR shares. Zacks Investment Research raised Validus Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. BidaskClub raised Validus Holdings from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 14th. ValuEngine raised Validus Holdings from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd. Finally, Keefe, Bruyette & Woods set a $55.00 target price on Validus Holdings and gave the stock a “hold” rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $57.00.

The stock has a 50 day moving average price of $52.34 and a 200 day moving average price of $54.02. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 12.54 and a beta of 0.65.

Validus Holdings (NYSE:VR) last issued its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.10. Validus Holdings had a return on equity of 7.75% and a net margin of 11.81%. The business had revenue of $675.27 million for the quarter, compared to the consensus estimate of $922.84 million. During the same period in the prior year, the business earned $0.66 earnings per share. On average, analysts anticipate that Validus Holdings, Ltd. will post $3.56 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.52 annualized dividend and a yield of 3.34%. Validus Holdings’s dividend payout ratio (DPR) is presently 41.87%.

In related news, Director Matthew J. Grayson sold 10,000 shares of the stock in a transaction dated Friday, June 16th. The stock was sold at an average price of $53.09, for a total transaction of $530,900.00. Following the transaction, the director now directly owns 51,393 shares in the company, valued at $2,728,454.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Matthew J. Grayson sold 30,000 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $52.67, for a total value of $1,580,100.00. Following the transaction, the director now owns 61,393 shares in the company, valued at $3,233,569.31. The disclosure for this sale can be found here. Insiders have sold 50,000 shares of company stock worth $2,638,400 over the last quarter. 2.33% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in Validus Holdings by 3.6% during the first quarter. Geode Capital Management LLC now owns 600,865 shares of the insurance provider’s stock worth $33,882,000 after buying an additional 21,066 shares during the period. BlackRock Inc. lifted its position in Validus Holdings by 2,898.5% during the first quarter. BlackRock Inc. now owns 3,235,863 shares of the insurance provider’s stock worth $182,471,000 after buying an additional 3,127,947 shares during the period. Federated Investors Inc. PA lifted its position in Validus Holdings by 3.4% during the second quarter. Federated Investors Inc. PA now owns 186,103 shares of the insurance provider’s stock worth $9,672,000 after buying an additional 6,081 shares during the period. Martingale Asset Management L P lifted its position in Validus Holdings by 9.8% during the first quarter. Martingale Asset Management L P now owns 455,096 shares of the insurance provider’s stock worth $25,664,000 after buying an additional 40,595 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Validus Holdings during the second quarter worth about $2,754,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

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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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