Renaissance Technologies LLC decreased its position in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) by 3.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,680 shares of the insurance provider’s stock after selling 4,520 shares during the period. Renaissance Technologies LLC’s holdings in Blue Capital Reinsurance Holdings were worth $2,503,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BCRH. State Street Corp increased its stake in Blue Capital Reinsurance Holdings by 21.6% in the fourth quarter. State Street Corp now owns 84,901 shares of the insurance provider’s stock worth $1,569,000 after buying an additional 15,105 shares during the period. Teachers Advisors LLC increased its stake in Blue Capital Reinsurance Holdings by 14.2% in the fourth quarter. Teachers Advisors LLC now owns 11,138 shares of the insurance provider’s stock worth $205,000 after buying an additional 1,386 shares during the period. Acadian Asset Management LLC increased its stake in Blue Capital Reinsurance Holdings by 40.1% in the first quarter. Acadian Asset Management LLC now owns 15,425 shares of the insurance provider’s stock worth $298,000 after buying an additional 4,415 shares during the period. Clear Harbor Asset Management LLC increased its stake in Blue Capital Reinsurance Holdings by 4.5% in the first quarter. Clear Harbor Asset Management LLC now owns 27,984 shares of the insurance provider’s stock worth $540,000 after buying an additional 1,207 shares during the period. Finally, Wells Fargo & Company MN increased its stake 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 buying an additional 10,701 shares during the period. 40.35% of the stock is owned by institutional investors and hedge funds.

Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) traded up 0.51% during midday trading on Wednesday, hitting $19.70. 523 shares of the company were exchanged. Blue Capital Reinsurance Holdings Ltd. has a one year low of $17.22 and a one year high of $20.83. The stock has a market capitalization of $172.59 million, a PE ratio of 10.71 and a beta of 0.10. The firm’s 50-day moving average price is $19.06 and its 200-day moving average price is $19.01.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last posted its earnings results on Monday, July 31st. The insurance provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. Blue Capital Reinsurance Holdings had a net margin of 38.93% and a return on equity of 8.84%. The business had revenue of $10.30 million for the quarter, compared to the consensus estimate of $11.09 million. During the same period last year, the company earned $0.22 EPS. The firm’s revenue was down 8.8% compared to the same quarter last year. Equities research analysts anticipate that Blue Capital Reinsurance Holdings Ltd. will post $1.77 earnings per share for the current year.

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Separately, Zacks Investment Research raised shares of Blue Capital Reinsurance Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th.

About Blue Capital Reinsurance Holdings

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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Institutional Ownership by Quarter for Blue Capital Reinsurance Holdings (NYSE:BCRH)

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