Validus Holdings, Ltd. (NYSE:VR)’s share price was down 0.1% during trading on Wednesday . The stock traded as low as $45.41 and last traded at $45.52. Approximately 1,490,261 shares changed hands during trading, an increase of 208% from the average daily volume of 483,545 shares. The stock had previously closed at $45.49.

Several equities analysts recently commented on VR shares. ValuEngine upgraded shares of Validus Holdings from a “hold” rating to a “buy” rating in a report on Saturday, June 3rd. Zacks Investment Research upgraded shares of Validus Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. BidaskClub downgraded shares of Validus Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, Keefe, Bruyette & Woods set a $55.00 price target on shares of Validus Holdings and gave the company a “hold” rating in a report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $57.00.

The company has a market cap of $3.35 billion, a price-to-earnings ratio of 11.63 and a beta of 0.65. The company has a 50-day moving average price of $51.86 and a 200 day moving average price of $53.88.

Validus Holdings (NYSE:VR) last released its quarterly earnings results on Thursday, July 27th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.10. The business had revenue of $675.27 million for the quarter, compared to the consensus estimate of $922.84 million. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. During the same period in the previous year, the firm earned $0.66 EPS. Analysts anticipate that Validus Holdings, Ltd. will post $3.53 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, September 14th. Validus Holdings’s dividend payout ratio (DPR) is 41.87%.

In other news, Director Matthew J. Grayson sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $53.09, for a total value of $530,900.00. Following the sale, the director now directly owns 51,393 shares of the company’s stock, valued at approximately $2,728,454.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew J. Grayson sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $52.67, for a total transaction of $1,580,100.00. Following the completion of the sale, the director now directly owns 61,393 shares in the company, valued at $3,233,569.31. The disclosure for this sale can be found here. Insiders sold a total of 50,000 shares of company stock worth $2,638,400 over the last three months. Insiders own 2.33% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. Federated Investors Inc. PA raised its stake in shares of Validus Holdings by 3.4% in the 2nd quarter. Federated Investors Inc. PA now owns 186,103 shares of the insurance provider’s stock valued at $9,672,000 after acquiring an additional 6,081 shares during the period. Geode Capital Management LLC grew its holdings in shares of Validus Holdings by 3.6% in the first quarter. Geode Capital Management LLC now owns 600,865 shares of the insurance provider’s stock valued at $33,882,000 after purchasing an additional 21,066 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Validus Holdings by 2,898.5% in the first quarter. BlackRock Inc. now owns 3,235,863 shares of the insurance provider’s stock valued at $182,471,000 after purchasing an additional 3,127,947 shares in the last quarter. Airain ltd acquired a new position in shares of Validus Holdings in the second quarter valued at approximately $1,437,000. Finally, Martingale Asset Management L P grew its holdings in shares of Validus Holdings by 9.8% in the first quarter. Martingale Asset Management L P now owns 455,096 shares of the insurance provider’s stock valued at $25,664,000 after purchasing an additional 40,595 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

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Validus Holdings Company Profile

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.