Northern Trust Corp lifted its stake in Maiden Holdings, Ltd. (NASDAQ:MHLD) by 3.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,140,064 shares of the insurance provider’s stock after acquiring an additional 39,004 shares during the period. Northern Trust Corp owned 1.32% of Maiden Holdings worth $12,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. lifted its stake in shares of Maiden Holdings by 419.2% in the 2nd quarter. Principal Financial Group Inc. now owns 3,016,021 shares of the insurance provider’s stock worth $33,479,000 after acquiring an additional 2,435,153 shares during the period. Cipher Capital LP lifted its stake in shares of Maiden Holdings by 87.5% in the 2nd quarter. Cipher Capital LP now owns 127,486 shares of the insurance provider’s stock worth $1,415,000 after acquiring an additional 59,502 shares during the period. Marshall Wace North America L.P. acquired a new stake in shares of Maiden Holdings in the 2nd quarter worth approximately $1,247,000. Legal & General Group Plc lifted its stake in shares of Maiden Holdings by 0.5% in the 1st quarter. Legal & General Group Plc now owns 126,462 shares of the insurance provider’s stock worth $1,769,000 after acquiring an additional 675 shares during the period. Finally, Rothschild Asset Management Inc. lifted its stake in shares of Maiden Holdings by 0.5% in the 2nd quarter. Rothschild Asset Management Inc. now owns 267,029 shares of the insurance provider’s stock worth $2,964,000 after acquiring an additional 1,326 shares during the period. 68.67% of the stock is owned by institutional investors.

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A number of analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lowered shares of Maiden Holdings from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $17.00 to $10.00 in a research note on Thursday, August 10th. JMP Securities reaffirmed a “mkt outperform” rating and issued a $9.00 price target on shares of Maiden Holdings in a research note on Thursday, August 10th. FBR & Co reaffirmed a “hold” rating and issued a $11.00 price target on shares of Maiden Holdings in a research note on Monday, September 25th. BidaskClub lowered shares of Maiden Holdings from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised shares of Maiden Holdings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Maiden Holdings has a consensus rating of “Hold” and a consensus target price of $11.25.

Maiden Holdings (NASDAQ:MHLD) last posted its quarterly earnings data on Tuesday, August 8th. The insurance provider reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.43). The company had revenue of $753.18 million during the quarter, compared to analyst estimates of $740.30 million. Maiden Holdings had a negative net margin of 0.61% and a negative return on equity of 0.55%.

Maiden Holdings Company Profile

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

Institutional Ownership by Quarter for Maiden Holdings (NASDAQ:MHLD)

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