Validus Holdings (VR) Receives Coverage Optimism Score of 0.15
News headlines about Validus Holdings (NYSE:VR) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Validus Holdings earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 45.7230814928872 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
VR has been the subject of a number of analyst reports. BidaskClub raised shares of Validus Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th. Zacks Investment Research cut shares of Validus Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $55.00 price objective on shares of Validus Holdings in a research note on Thursday, April 27th. Deutsche Bank AG increased their price objective on shares of Validus Holdings from $56.00 to $59.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Finally, ValuEngine raised shares of Validus Holdings from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Validus Holdings presently has a consensus rating of “Hold” and an average target price of $57.00.
Validus Holdings (NYSE VR) traded down 1.42% during trading on Thursday, reaching $52.63. 312,406 shares of the company’s stock traded hands. The company has a 50-day moving average price of $52.82 and a 200 day moving average price of $54.67. The firm has a market capitalization of $4.18 billion, a PE ratio of 14.51 and a beta of 0.64. Validus Holdings has a one year low of $48.77 and a one year high of $58.76.
Validus Holdings (NYSE:VR) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.10. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. The firm had revenue of $675.27 million during the quarter, compared to analyst estimates of $922.84 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. On average, analysts anticipate that Validus Holdings will post $3.74 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Thursday, September 14th. Validus Holdings’s dividend payout ratio is currently 41.87%.
In other Validus Holdings news, Director Matthew J. Grayson sold 10,000 shares of the company’s stock in a transaction dated Tuesday, June 13th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Patrick Boisvert sold 1,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $53.40, for a total transaction of $53,400.00. Following the completion of the transaction, the insider now directly owns 5,714 shares in the company, valued at approximately $305,127.60. The disclosure for this sale can be found here. Insiders sold 56,000 shares of company stock valued at $2,959,300 in the last three months. 2.33% of the stock is currently owned by insiders.
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Validus Holdings Company Profile
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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