Amundi Pioneer Asset Management Inc. trimmed its stake in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,000 shares of the financial services provider’s stock after selling 4,100 shares during the period. Amundi Pioneer Asset Management Inc. owned about 0.05% of Greenlight Capital Re worth $172,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Bank of Montreal Can grew its holdings in Greenlight Capital Re by 205.4% during the fourth quarter. Bank of Montreal Can now owns 3,341 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 2,247 shares during the period. Teachers Advisors LLC grew its holdings in Greenlight Capital Re by 8.4% during the third quarter. Teachers Advisors LLC now owns 68,124 shares of the financial services provider’s stock worth $845,000 after acquiring an additional 5,300 shares during the period. IndexIQ Advisors LLC grew its holdings in Greenlight Capital Re by 3.9% during the third quarter. IndexIQ Advisors LLC now owns 141,635 shares of the financial services provider’s stock worth $1,756,000 after acquiring an additional 5,349 shares during the period. Monarch Partners Asset Management LLC grew its holdings in Greenlight Capital Re by 19.7% during the fourth quarter. Monarch Partners Asset Management LLC now owns 48,567 shares of the financial services provider’s stock worth $419,000 after acquiring an additional 7,987 shares during the period. Finally, California Public Employees Retirement System grew its holdings in Greenlight Capital Re by 27.6% during the fourth quarter. California Public Employees Retirement System now owns 37,514 shares of the financial services provider’s stock worth $323,000 after acquiring an additional 8,124 shares during the period. 50.39% of the stock is currently owned by hedge funds and other institutional investors.

Shares of GLRE opened at $10.88 on Thursday. The company has a current ratio of 2.87, a quick ratio of 2.87 and a debt-to-equity ratio of 0.21. Greenlight Capital Re, Ltd. has a 12 month low of $8.36 and a 12 month high of $16.20. The company has a market capitalization of $405.32 million, a price-to-earnings ratio of -1.12 and a beta of 1.10.

Several analysts have commented on the company. BidaskClub raised Greenlight Capital Re from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 25th. Zacks Investment Research raised Greenlight Capital Re from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, ValuEngine lowered Greenlight Capital Re from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd.

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About Greenlight Capital Re

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurer worldwide. The company offers various property reinsurance products and services, including automobile physical damage; personal lines, such as homeowners' insurance; and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, mortgage insurance, surety, trade credit, marine, aviation, energy, cyber, and terrorism products.

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Institutional Ownership by Quarter for Greenlight Capital Re (NASDAQ:GLRE)

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