Teachers Advisors LLC trimmed its holdings in shares of Validus Holdings, Ltd. (NYSE:VR) by 6.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 464,020 shares of the insurance provider’s stock after selling 32,297 shares during the quarter. Teachers Advisors LLC owned 0.58% of Validus Holdings worth $24,115,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VR. BlackRock Inc. boosted its position in Validus Holdings by 2,898.5% during the 1st quarter. BlackRock Inc. now owns 3,235,863 shares of the insurance provider’s stock worth $182,471,000 after acquiring an additional 3,127,947 shares during the last quarter. Principal Financial Group Inc. boosted its position in Validus Holdings by 183.8% during the 2nd quarter. Principal Financial Group Inc. now owns 1,655,977 shares of the insurance provider’s stock worth $86,061,000 after acquiring an additional 1,072,405 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in Validus Holdings by 84.0% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,783,406 shares of the insurance provider’s stock worth $92,684,000 after acquiring an additional 814,080 shares during the last quarter. Victory Capital Management Inc. boosted its position in Validus Holdings by 7.4% during the 2nd quarter. Victory Capital Management Inc. now owns 2,546,912 shares of the insurance provider’s stock worth $132,363,000 after acquiring an additional 176,151 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Validus Holdings by 7.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,468,885 shares of the insurance provider’s stock worth $128,307,000 after acquiring an additional 172,976 shares during the last quarter. 93.51% of the stock is owned by institutional investors and hedge funds.

Validus Holdings, Ltd. (NYSE:VR) opened at 47.64 on Friday. The firm’s 50-day moving average price is $50.52 and its 200-day moving average price is $53.22. Validus Holdings, Ltd. has a 52-week low of $41.15 and a 52-week high of $58.76. The firm has a market cap of $3.79 billion, a P/E ratio of 13.14 and a beta of 0.65.

Validus Holdings (NYSE:VR) last released its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.10. The firm had revenue of $675.27 million during the quarter, compared to the consensus estimate of $922.84 million. Validus Holdings had a return on equity of 7.75% and a net margin of 11.81%. During the same quarter in the previous year, the company posted $0.66 earnings per share. Equities research analysts expect that Validus Holdings, Ltd. will post $3.71 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.52 annualized dividend and a dividend yield of 3.19%. Validus Holdings’s dividend payout ratio is 41.87%.

A number of equities analysts have weighed in on the company. UBS AG reduced their price target on Validus Holdings from $57.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday. BidaskClub downgraded Validus Holdings from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Keefe, Bruyette & Woods set a $55.00 price target on Validus Holdings and gave the stock a “hold” rating in a research report on Thursday, August 17th. ValuEngine raised Validus Holdings from a “hold” rating to a “buy” rating in a research report on Saturday, June 3rd. Finally, Zacks Investment Research downgraded Validus Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, July 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $56.29.

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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.

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

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