Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) has received a consensus broker rating score of 2.00 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Blue Capital Reinsurance Holdings’ rating score has declined by 33.3% in the last 90 days as a result of various analysts’ ratings changes.

Analysts have set a 12 month consensus price objective of $20.00 for the company and are predicting that the company will post $0.21 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Blue Capital Reinsurance Holdings an industry rank of 200 out of 265 based on the ratings given to its competitors.

Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Blue Capital Reinsurance Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 20th. TheStreet downgraded Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 10th. Finally, Keefe, Bruyette & Woods raised their price target on Blue Capital Reinsurance Holdings from $19.00 to $20.00 and gave the stock a “market perform” rating in a report on Wednesday, August 3rd.

Blue Capital Reinsurance Holdings (NYSE:BCRH) traded up 0.06% during midday trading on Wednesday, hitting $18.15. 5,460 shares of the stock traded hands. The company has a 50-day moving average of $17.69 and a 200-day moving average of $17.70. The stock has a market cap of $158.92 million, a PE ratio of 9.51 and a beta of 0.02. Blue Capital Reinsurance Holdings has a 12 month low of $16.46 and a 12 month high of $19.51.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last issued its quarterly earnings data on Monday, August 1st. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. Blue Capital Reinsurance Holdings had a return on equity of 9.24% and a net margin of 41.69%. The company had revenue of $11.30 million for the quarter, compared to the consensus estimate of $9.50 million. During the same quarter last year, the company earned $0.63 earnings per share. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. On average, equities research analysts anticipate that Blue Capital Reinsurance Holdings will post $1.57 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.62%. The ex-dividend date is Wednesday, September 28th. Blue Capital Reinsurance Holdings’s payout ratio is 62.83%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new position in shares of Blue Capital Reinsurance Holdings during the first quarter valued at about $524,000. C M Bidwell & Associates Ltd. bought a new position in shares of Blue Capital Reinsurance Holdings during the first quarter valued at $221,000. Royce & Associates LP boosted its position in shares of Blue Capital Reinsurance Holdings by 75.4% in the first quarter. Royce & Associates LP now owns 104,692 shares of the company’s stock valued at $1,876,000 after buying an additional 45,000 shares in the last quarter. UBS Group AG boosted its position in shares of Blue Capital Reinsurance Holdings by 24.6% in the first quarter. UBS Group AG now owns 65,040 shares of the company’s stock valued at $1,166,000 after buying an additional 12,846 shares in the last quarter. Finally, Groesbeck Investment Management Corp NJ boosted its position in shares of Blue Capital Reinsurance Holdings by 104.4% in the first quarter. Groesbeck Investment Management Corp NJ now owns 214,871 shares of the company’s stock valued at $3,850,000 after buying an additional 109,771 shares in the last quarter. Hedge funds and other institutional investors own 38.62% of the company’s stock.

Blue Capital Reinsurance Holdings Company 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.

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