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Third Point Reinsurance Ltd. (NYSE:TPRE) Upgraded by ValuEngine to "Strong-Buy"

The institutional investor held 9,750 shares of the business services company at the end of 2017Q2, valued at $1.00 million, up from 2,450 at the end of the previous reported quarter. J Goldman & Company Lp who had been investing in Encana Corp (Call) for a number of months, seems to be bullish on the $11.47 billion market cap company. The stock rose 0.68% or $0.79 reaching $117.76 per share. The company has a 50 day moving average price of $14.31 and a 200-day moving average price of $13.23. It has outperformed by 14.63% the S&P500. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Third Point Reinsurance in the second quarter valued at about $169,000. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The hedge fund held 1.30M shares of the property-casualty insurers company at the end of 2017Q2, valued at $18.03M, down from 1.41M at the end of the previous reported quarter. Permal Asset Management Llc who had been investing in Third Pt Reins Ltd for a number of months, seems to be less bullish one the $1.68 billion market cap company. They now have a United States dollars 15 price target on the stock. Aqr Ltd Co holds 0% of its portfolio in Third Point Reinsurance Ltd (NYSE:TPRE) for 38,532 shares. It has underperformed by 6.54% the S&P500.

Stock market analysts and brokers have recently amended their target prices on shares of Third Point Reinsurance Ltd. (NYSE:TPRE). Third Point Reinsurance had a net margin of 22.18% and a return on equity of 13.56%. Appoints David Govrin Executive Vice President ..." on April 10, 2017, also Prnewswire.com with their article: "Third Point Reinsurance Ltd. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $16.50 target price on shares of Third Point Reinsurance in a research report on Friday, August 4th. Therefore 50% are positive. The ratio is better, as 69 investment professionals opened new and increased equity positions, while 28 trimmed and sold equity positions in Third Point Reinsurance LTD. On Thursday, August 3 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". The rating was maintained by Morgan Stanley with "Equal-Weight" on Monday, August 7.

02/29/2016 - Third Point Reinsurance Ltd. had its "buy" rating reiterated by analysts at Compass Point.

Third Point Reinsurance (NYSE:TPRE) last announced its quarterly earnings data on Wednesday, August 2nd. Tower Cap Limited Co (Trc) owns 2,100 shares or 0% of their USA portfolio. It also reduced Rogers Corp (NYSE:ROG) stake by 20,996 shares and now owns 23,432 shares. It is positive, as 9 investors sold Third Point Reinsurance Ltd shares while 19 reduced holdings. Tower Rech Cap Ltd Limited Liability Company (Trc) holds 2,100 shares or 0% of its portfolio. TPRE's profit would be $45.23 million giving it 9.29 P/E if the $0.42 EPS is correct. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies.

Investors sentiment increased to 1.16 in Q2 2017. Its down 0.14, from 1.08 in 2017Q1. It is negative, as 96 investors sold HAL shares while 307 reduced holdings. 26 funds opened positions while 43 raised stakes.

Third Point Reinsurance (TPRE) traded down 0.32% during trading on Friday, reaching $15.60. Prelude Cap Mgmt Limited Liability Co invested in 1,600 shares or 0% of the stock. Qs Investors Limited Co accumulated 6,345 shares. Bnp Paribas Asset Management holds 0.15% in Msci Inc (NYSE:MSCI) or 159,385 shares. $65,000 worth of Third Point Reinsurance Ltd (NYSE:TPRE) shares were sold by Coleman Christopher S. (NASDAQ:SASR). Retail Bank Of Mellon has 275,394 shares. Deutsche Bancorporation Ag owns 449,403 shares. Stratos Wealth Partners Ltd stated it has 0.03% of its portfolio in Msci Inc (NYSE:MSCI). Blackrock stated it has 4.55 million shares. 681.00 million shares or 0.74% more from 675.98 million shares in 2017Q1 were reported. Utd Automobile Association, Texas-based fund reported 326,385 shares. Lpl Fincl Ltd Com invested 0.01% in Halliburton Company (NYSE:HAL). Forest Hill Capital Limited Liability Com invested in 3.12% or 255,512 shares. 31,087 are owned by Voya Invest Mngmt Limited Liability Corporation.

Since May 25, 2017, it had 0 insider buys, and 3 sales for $381,750 activity. The company was maintained on Thursday, October 1 by Wood. Cantor Fitzgerald initiated the shares of MSCI in report on Tuesday, November 10 with "Buy" rating.

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