Culture

Third Point Reinsurance Ltd. (NYSE:TPRE) Experiences Heavier than Usual Trading Volume

Third Point Reinsurance Ltd. Co (NYSE:TPRE) 52-week high price stands at $15.10 and low price stands at $11.05, its price distance from 52-week high is 2.98% while its distance from 52-week low price is 40.72%. Swiss Bank has invested 0% in Third Point Reinsurance Ltd (NYSE:TPRE). The analyst recommendations from a month ago are 7 Buy, 1 Overweight, 0 Sell, 8 Hold and 0 Underweight. Morgan Stanley reaffirmed an "equal weight" rating and issued a $15.00 price objective (up previously from $14.00) on shares of Third Point Reinsurance in a research note on Friday, July 7th.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.80. The company now has an average rating of "Hold" and an average price target of $15.38.

Several analysts have released their opinion on Third Point Reinsurance Ltd. (NYSE:TPRE), with 1 analysts believing it is a strong buy. That puts the market capitalization at $1.65 bln. United Kingdom-based Barclays Plc has invested 0% in Third Point Reinsurance Ltd (NYSE:TPRE). The stock exchanged hands 4.15 Million shares versus average trading capacity of 497.13 Million shares, yielding a market cap of $1.65 Billion. The value of the investment in TPRE went from $101,231,000 to $45,808,000 a change of 54.7% quarter to quarter. They expect $0.42 EPS, down 38.24% or $0.26 from last year's $0.68 per share. Price T Rowe Associate Md holds 0.01% of its portfolio in Third Point Reinsurance Ltd (NYSE:TPRE) for 2.76M shares. The firm had revenue of $280.88 million during the quarter.

Third Point Reinsurance Ltd.to Present at the Keefe, Bruyette, & Woods 2017 Insurance Conference.

TRADEMARK VIOLATION NOTICE: This story was first posted by Week Herald and is the property of of Week Herald. If you are reading this story on another website, it was illegally stolen and republished in violation of USA and worldwide copyright & trademark legislation. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd (NYSE:TPRE) on Thursday, August 3 with "Buy" rating.

Vonage Holdings Corp.is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. The value in dollars went from $184,000 to $174,000 a change of 5.4% quarter to quarter. Ubs Group Ag claims 1,565 shares with a value of $22,000. Vanguard Group Inc. raised its holdings in shares of Third Point Reinsurance by 4.7% during the 2nd quarter. After this sale, 254,173 common shares of TPRE are directly owned by the insider, with total stake valued at $3,952,390.

Investors and Traders continue to monitor technical levels of shares of FuelCell Energy, Inc. Tudor Investment Corp Et Al acquired a new position in Third Point Reinsurance during the fourth quarter valued at $138,000. Ny State Common Retirement Fund holds 0% in Third Point Reinsurance Ltd (NYSE:TPRE) or 132,706 shares.

In other news, major shareholder Brook Lvr L.P. Pine sold 699,942 shares of Third Point Reinsurance stock in a transaction on Friday, February 3rd. Campbell & Co Investment Adviser Lc owns 12,178 shares for 0.16% of their portfolio.

For the Current Quarter, the growth estimate for Third Point Reinsurance Ltd.is -26.5%, while for the Next Quarter the stock growth estimate is 208.9%. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. The Company's divisions include Property and Casualty Reinsurance, and Corporate. The Company's investable assets are managed by its investment manager, Third Point LLC.



Like this

loading...
loading...

Latest


23 September 2017
D'Arnaud homers twice in Mets' win
It was the Nationals' 203rd home run this season, matching the franchise record dating to 1969 when they were the Montreal Expos. The Mets overcame another shaky outing by Robert Gsellman , who was coming off his best start of the season in Atlanta.

23 September 2017
Teenager Smith named in England training squad
He'll clean some boots and hold some bags", Jones said. "This is the training squad and these are the players I want to look at". He's got work to do on his game. "We're sure he'll do that well".

23 September 2017
Alarm as 'super malaria' spreads in South East Asia
Roughly 212 million people are infected with the disease each year, the majority of cases, 92 percent, are in Africa. The superbugs are malaria parasites that can beat off the best current treatments, artemisinin and piperaquine .

23 September 2017
Unusual Activity Spotted in VanEck Vectors Junior Gold Miners ETF (GDXJ)
VanEck Vectors Vietnam ETF (VNM) now has a 50-day moving average of 14.61, the 200-day is at 14.07, and the 7-day is 14.93. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.

23 September 2017
Mexican Burien Store Owner Reflects on Mexico City Earthquake
Soldiers, rescuers and medics worked relentlessly, including some who said they had been there for 36 hours before being relieved. Fontaine remembers going through the other major quake on the same day in Mexico City in 1985.

23 September 2017
Vanguard Small-Cap ETF (VB) Rises 0.34% for Sep 22
After a recent check, Duke Royalty Ltd's 14-day RSI is now at 17.65, the 7-day stands at 8.14, and the 3-day is sitting at 0.45. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

23 September 2017
Versace Pays Tribute to Late Gianni at Milan Fashion Week
As for us? We'll be toggling between the photo above and George Michael's " Freedom! ". Versace was shot in July 1997 on the doorstep of his home in Miami.

23 September 2017
Mayoral candidate Frank Scurlock responds to indecent exposure allegations
It wasn't immediately clear if he also would have to register in Louisiana. "I await my day in court and expect to be vindicated". Frank Scurlock, a Democratic candidate for mayor of New Orleans, apparently had too much sex fun in Santa Monica in February.

23 September 2017
Laurion Capital Management LP Buys Shares of 54035 HollyFrontier Corporation (HFC)
The average investment rating for HFC on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.08 or a Hold. US Capital Advisors reissued a "hold" rating on shares of HollyFrontier Corporation in a research note on Monday, May 22nd.

23 September 2017
Rockland bringing flu shots to more clinics this season
Health officials said there have been 19 confirmed cases of influenza in Wisconsin from September 1st - 22nd. Clinic days starting October 2 will be Mondays starting at eight in the morning and one in the afternoon.