Donald Smith & CO. Inc. lessened its holdings in shares of Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 450,065 shares of the insurance provider’s stock after selling 9,812 shares during the period. Donald Smith & CO. Inc. owned 5.14% of Blue Capital Reinsurance Holdings worth $7,404,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. US Bancorp DE increased its stake in shares of Blue Capital Reinsurance Holdings by 393.3% during the second quarter. US Bancorp DE now owns 7,400 shares of the insurance provider’s stock valued at $135,000 after acquiring an additional 5,900 shares during the period. Teachers Advisors LLC grew its position in Blue Capital Reinsurance Holdings by 3.4% in the second quarter. Teachers Advisors LLC now owns 11,514 shares of the insurance provider’s stock worth $211,000 after buying an additional 376 shares during the last quarter. Royal Bank of Canada grew its position 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 worth $269,000 after buying an additional 217 shares during the last quarter. Macquarie Group Ltd. acquired a new position in Blue Capital Reinsurance Holdings in the third quarter worth approximately $276,000. Finally, Bessemer Group Inc. grew its position in Blue Capital Reinsurance Holdings by 0.5% in the second quarter. Bessemer Group Inc. now owns 18,500 shares of the insurance provider’s stock worth $339,000 after buying an additional 100 shares during the last quarter. 42.45% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Blue Capital Reinsurance Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. TheStreet lowered shares of Blue Capital Reinsurance Holdings from a “b-” rating to a “c+” rating in a research report on Friday, October 27th. ValuEngine upgraded shares of Blue Capital Reinsurance Holdings from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Raymond James Financial, Inc. restated an “underperform” rating on shares of Blue Capital Reinsurance Holdings in a research report on Friday, October 13th. Finally, Deutsche Bank AG cut shares of Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $21.00 to $18.00 in a research report on Monday, October 16th. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Sell” and a consensus target price of $18.00.

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Blue Capital Reinsurance Holdings Ltd. (BCRH) traded up $0.05 during midday trading on Wednesday, reaching $12.10. 35,400 shares of the company’s stock traded hands, compared to its average volume of 28,506. Blue Capital Reinsurance Holdings Ltd. has a 12-month low of $11.80 and a 12-month high of $20.83.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last posted its quarterly earnings data on Monday, October 30th. The insurance provider reported ($5.93) earnings per share for the quarter, missing the consensus estimate of ($5.89) by ($0.04). Blue Capital Reinsurance Holdings had a negative return on equity of 23.35% and a negative net margin of 77.93%. The firm had revenue of $19.10 million for the quarter, compared to analysts’ expectations of $12.31 million. During the same quarter in the previous year, the firm posted $0.38 earnings per share. The company’s revenue for the quarter was up 92.9% on a year-over-year basis. equities analysts anticipate that Blue Capital Reinsurance Holdings Ltd. will post -4.4 earnings per share for the current year.

Blue Capital Reinsurance Holdings Profile

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.

Institutional Ownership by Quarter for Blue Capital Reinsurance Holdings (NYSE:BCRH)

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