Nisa Investment Advisors LLC held its stake in Validus Holdings, Ltd. (NYSE:VR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,950 shares of the insurance provider’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Validus Holdings were worth $205,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Laurel Wealth Advisors Inc. raised its stake in Validus Holdings by 0.7% in the first quarter. Laurel Wealth Advisors Inc. now owns 8,310 shares of the insurance provider’s stock valued at $468,000 after buying an additional 60 shares during the last quarter. M&T Bank Corp raised its stake in Validus Holdings by 1.2% in the first quarter. M&T Bank Corp now owns 10,708 shares of the insurance provider’s stock valued at $603,000 after buying an additional 130 shares during the last quarter. BerganKDV Wealth Management LLC raised its stake in Validus Holdings by 1.3% in the second quarter. BerganKDV Wealth Management LLC now owns 12,961 shares of the insurance provider’s stock valued at $674,000 after buying an additional 169 shares during the last quarter. Amalgamated Bank raised its stake in Validus Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 10,796 shares of the insurance provider’s stock valued at $609,000 after buying an additional 350 shares during the last quarter. Finally, Loeb Partners Corp raised its stake in Validus Holdings by 1.1% in the first quarter. Loeb Partners Corp now owns 36,100 shares of the insurance provider’s stock valued at $2,035,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 97.84% of the company’s stock.

Validus Holdings, Ltd. (NYSE VR) traded down 0.41% during trading on Tuesday, hitting $53.43. 59,243 shares of the stock traded hands. The company has a 50-day moving average price of $52.73 and a 200 day moving average price of $54.72. The stock has a market cap of $4.25 billion, a PE ratio of 14.74 and a beta of 0.64. Validus Holdings, Ltd. has a one year low of $48.77 and a one year high of $58.76.

Validus Holdings (NYSE:VR) last issued its earnings results on Thursday, July 27th. The insurance provider reported $1.09 EPS for the quarter, topping the consensus estimate of $0.99 by $0.10. The firm had revenue of $675.27 million during the quarter, compared to analysts’ expectations of $922.84 million. Validus Holdings had a return on equity of 7.75% and a net margin of 11.81%. During the same period last year, the business earned $0.66 earnings per share. Analysts expect that Validus Holdings, Ltd. will post $3.74 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.52 annualized dividend and a yield of 2.83%. Validus Holdings’s dividend payout ratio (DPR) is currently 41.87%.

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Several analysts have weighed in on the stock. BidaskClub upgraded shares of Validus Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday. Zacks Investment Research lowered shares of Validus Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $55.00 target price on shares of Validus Holdings in a research note on Thursday, April 27th. ValuEngine upgraded shares of Validus Holdings from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd. Finally, Deutsche Bank AG boosted their target price on shares of Validus Holdings from $56.00 to $59.00 and gave the company a “hold” rating in a research note on Friday, April 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $57.00.

In other Validus Holdings news, Director Matthew J. Grayson sold 30,000 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $52.67, for a total transaction of $1,580,100.00. Following the completion of the transaction, the director now directly owns 61,393 shares in the company, valued at $3,233,569.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Matthew J. Grayson sold 10,000 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $52.74, for a total value of $527,400.00. Following the transaction, the director now owns 91,393 shares of the company’s stock, valued at $4,820,066.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 56,000 shares of company stock valued at $2,959,300. 2.33% of the stock is owned by company insiders.

About Validus Holdings

Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183.

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Institutional Ownership by Quarter for Validus Holdings (NYSE:VR)

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