Worth Watching: How Analysts Feel About Blue Capital Reinsurance Holdings Ltd After Today’s Huge Decline?

Worth Watching: How Analysts Feel About Blue Capital Reinsurance Holdings Ltd After Today's Huge Decline?

The stock of Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) is a huge mover today! The stock decreased 5.51% or $1.05 on November 23, hitting $18. Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) has risen 3.21% since April 22, 2016 and is uptrending. It has underperformed by 2.20% the S&P500.
The move comes after 5 months negative chart setup for the $148.53 million company. It was reported on Nov, 24 by Barchart.com. We have $17.28 PT which if reached, will make NYSE:BCRH worth $5.94M less.

Analysts await Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) to report earnings on February, 1. They expect $0.32 EPS, down 48.39% or $0.30 from last year’s $0.62 per share. BCRH’s profit will be $2.64M for 14.06 P/E if the $0.32 EPS becomes a reality. After $0.38 actual EPS reported by Blue Capital Reinsurance Holdings Ltd for the previous quarter, Wall Street now forecasts -15.79% negative EPS growth.

Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) Ratings Coverage

Out of 2 analysts covering Blue Capital Reinsurance (NYSE:BCRH), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Blue Capital Reinsurance has been the topic of 3 analyst reports since February 4, 2016 according to StockzIntelligence Inc. The rating was downgraded by Raymond James on Wednesday, October 19 to “Mkt Perform”. UBS downgraded Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) on Wednesday, November 23 to “Sell” rating.

According to Zacks Investment Research, “Blue Capital Holdings Ltd. is a reinsurance holding company. It offers collateralized reinsurance in the property catastrophe market. Blue Capital Holdings Ltd. is based in Bermuda.”

Insitutional Activity: The institutional sentiment increased to 2.83 in Q2 2016. Its up 0.95, from 1.88 in 2016Q1. The ratio improved, as 9 funds sold all Blue Capital Reinsurance Holdings Ltd shares owned while 8 reduced positions. 18 funds bought stakes while 14 increased positions. They now own 3.18 million shares or 11.40% more from 2.85 million shares in 2016Q1.
Moreover, Lsv Asset Mngmt has 0% invested in Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) for 52,977 shares. Blackrock Advisors Lc holds 2,837 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa holds 0% or 234 shares in its portfolio. Moreover, Manufacturers Life Insurance The has 0% invested in Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) for 4,154 shares. Teachers Inc last reported 9,752 shares in the company. Bedell Frazier Invest Counseling Ltd Liability Com holds 1.19% or 129,530 shares in its portfolio. Groesbeck Inv Management Nj accumulated 236,771 shares or 3.2% of the stock. Ny State Common Retirement Fund holds 0% or 6,100 shares in its portfolio. Comml Bank Of New York Mellon reported 14,532 shares or 0% of all its holdings. Blackrock accumulated 1,728 shares or 0% of the stock. Raymond James Inc, a Florida-based fund reported 25,602 shares. Morgan Stanley reported 13,320 shares or 0% of all its holdings. Tower Rech Limited Liability Company (Trc) holds 0% of its portfolio in Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) for 2,827 shares. Us Natl Bank De last reported 1,500 shares in the company. Donald Smith And Co holds 0.33% or 658,744 shares in its portfolio.

More recent Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) news were published by: Reuters.com which released: “BRIEF-Blue Capital Reinsurance Holdings comments on Endurance acquisition” on October 06, 2016. Also Marketwatch.com published the news titled: “Blue Capital Reinsurance downgraded to market perform from outperform at …” on November 20, 2013. Nasdaq.com‘s news article titled: “Blue Capital Reinsurance Holdings Reports Third Quarter 2016 Financial Results” with publication date: October 31, 2016 was also an interesting one.

BCRH Company Profile

Blue Capital Reinsurance Holdings Ltd., incorporated on June 24, 2013, provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Firm conducts its activities through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd. (Blue Capital Re ILS), which conducts hedging and other investment activities.

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