Shares of Watford Hldg Ltd (NASDAQ:WTRE) have received a consensus broker rating score of 2.50 (Hold) from the four brokers that cover the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Brokers have set a 1 year consensus target price of $31.75 for the company and are expecting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also given Watford an industry rank of 57 out of 256 based on the ratings given to related companies.

A number of analysts have issued reports on WTRE shares. JMP Securities assumed coverage on Watford in a research report on Thursday, May 16th. They issued an “outperform” rating and a $33.00 target price on the stock. Zacks Investment Research reiterated a “hold” rating on shares of Watford in a report on Sunday.

NASDAQ:WTRE traded up $0.28 during mid-day trading on Friday, hitting $26.16. 208,894 shares of the company’s stock traded hands, compared to its average volume of 129,041. The stock has a fifty day moving average of $23.20. Watford has a twelve month low of $18.75 and a twelve month high of $28.99.

Watford (NASDAQ:WTRE) last issued its quarterly earnings results on Monday, July 29th. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.30). The business had revenue of $175.78 million during the quarter. On average, equities analysts predict that Watford will post 3.84 earnings per share for the current fiscal year.

In other news, Director Nicolas Papadopoulo acquired 25,500 shares of Watford stock in a transaction that occurred on Wednesday, July 31st. The stock was purchased at an average cost of $19.48 per share, with a total value of $496,740.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas Miller acquired 4,000 shares of Watford stock in a transaction that occurred on Monday, August 5th. The shares were purchased at an average cost of $19.95 per share, with a total value of $79,800.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 59,700 shares of company stock valued at $1,184,930.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Arbitrage SA purchased a new stake in shares of Watford during the second quarter worth about $27,000. Strs Ohio acquired a new stake in Watford in the second quarter valued at $148,000. JPMorgan Chase & Co. raised its holdings in Watford by 762.0% in the second quarter. JPMorgan Chase & Co. now owns 474,114 shares of the company’s stock valued at $12,976,000 after acquiring an additional 419,114 shares in the last quarter. Bank of Montreal Can acquired a new stake in Watford in the second quarter valued at $46,000. Finally, Bank of New York Mellon Corp bought a new position in Watford during the 2nd quarter valued at $1,607,000. Institutional investors own 12.35% of the company’s stock.

About Watford

Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.

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