Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $15.40 and last traded at $15.40, with a volume of 93,435 shares. The stock had previously closed at $17.55.

A number of research firms have recently issued reports on BCRH. Zacks Investment Research downgraded Blue Capital Reinsurance Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. ValuEngine downgraded Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $21.00.

The stock has a market cap of $123.09 million, a PE ratio of 7.64 and a beta of 0.11. The stock has a 50-day moving average price of $18.90 and a 200-day moving average price of $18.90.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last released its earnings results on Monday, July 31st. The insurance provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. Blue Capital Reinsurance Holdings had a return on equity of 8.84% and a net margin of 38.93%. The firm had revenue of $10.30 million for the quarter, compared to the consensus estimate of $11.09 million. During the same period in the prior year, the firm earned $0.22 EPS. The firm’s revenue was down 8.8% on a year-over-year basis. Analysts predict that Blue Capital Reinsurance Holdings Ltd. will post $1.71 earnings per share for the current year.

A number of large investors have recently bought and sold shares of BCRH. US Bancorp DE boosted its holdings in Blue Capital Reinsurance Holdings by 393.3% in the second quarter. US Bancorp DE now owns 7,400 shares of the insurance provider’s stock valued at $135,000 after purchasing an additional 5,900 shares during the last quarter. Teachers Advisors LLC boosted its holdings in Blue Capital Reinsurance Holdings by 14.2% in the fourth quarter. Teachers Advisors LLC now owns 11,138 shares of the insurance provider’s stock valued at $205,000 after purchasing an additional 1,386 shares during the last quarter. Oxford Asset Management purchased a new stake in Blue Capital Reinsurance Holdings in the first quarter valued at $225,000. Royal Bank of Canada boosted its holdings in Blue Capital Reinsurance Holdings by 1.5% in the second quarter. Royal Bank of Canada now owns 14,697 shares of the insurance provider’s stock valued at $269,000 after purchasing an additional 217 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Blue Capital Reinsurance Holdings by 242.7% in the first quarter. Wells Fargo & Company MN now owns 15,110 shares of the insurance provider’s stock valued at $292,000 after purchasing an additional 10,701 shares during the last quarter. 40.12% of the stock is currently owned by institutional investors.

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About Blue Capital Reinsurance Holdings

Blue Capital Reinsurance Holdings Ltd. provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd.