Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) reached a new 52-week low during trading on Monday . The company traded as low as $12.50 and last traded at $12.65, with a volume of 36100 shares changing hands. The stock had previously closed at $13.05.

A number of research analysts have recently weighed in on BCRH shares. Zacks Investment Research lowered Blue Capital Reinsurance Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. ValuEngine lowered Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Raymond James Financial, Inc. restated an “underperform” rating on shares of Blue Capital Reinsurance Holdings in a research report on Friday, October 13th. Deutsche Bank AG lowered Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating and cut their price objective for the company from $21.00 to $18.00 in a research report on Monday, October 16th. Finally, TheStreet lowered Blue Capital Reinsurance Holdings from a “b-” rating to a “c+” rating in a research report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Blue Capital Reinsurance Holdings currently has an average rating of “Sell” and an average target price of $18.00.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BCRH. Wells Fargo & Company MN grew its position in Blue Capital Reinsurance Holdings by 242.7% in the first quarter. Wells Fargo & Company MN now owns 15,110 shares of the insurance provider’s stock worth $292,000 after acquiring an additional 10,701 shares in the last quarter. Bank of New York Mellon Corp grew its position in Blue Capital Reinsurance Holdings by 7.1% in the first quarter. Bank of New York Mellon Corp now owns 19,251 shares of the insurance provider’s stock worth $371,000 after acquiring an additional 1,281 shares in the last quarter. TIAA CREF Investment Management LLC grew its position in Blue Capital Reinsurance Holdings by 26.6% in the first quarter. TIAA CREF Investment Management LLC now owns 19,658 shares of the insurance provider’s stock worth $379,000 after acquiring an additional 4,130 shares in the last quarter. Morgan Stanley grew its position in Blue Capital Reinsurance Holdings by 5.4% in the first quarter. Morgan Stanley now owns 59,205 shares of the insurance provider’s stock worth $1,143,000 after acquiring an additional 3,011 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in Blue Capital Reinsurance Holdings in the first quarter worth about $571,000. Institutional investors own 41.04% of the company’s stock.

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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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