Today’s Rating: Is Blue Capital Reinsurance Holdings (BCRH) Worth Your Time After Placed UBS’s Downgrade?

November 23, 2016 - By Hazel Jackson

Today's Rating:  Is Blue Capital Reinsurance Holdings (BCRH) Worth Your Time After Placed UBS's Downgrade?

Blue Capital Reinsurance Holdings (BCRH) Downgrade

Trading of Blue Capital Reinsurance Holdings (BCRH)‘s shares is going to be interesting today, as UBS lowered the stock from a “Buy” to a “Sell”. Along the rating downgrade, UBS analysts gave a TP of $17.0 or -10.99% more.

About 20,237 shares traded hands. Blue Capital Reinsurance Holdings Ltd (BCRH) has risen 8.22% since April 21, 2016 and is uptrending. It has outperformed by 2.89% the S&P500.

Insitutional Activity: The institutional sentiment increased to 2.83 in 2016 Q2. Its up 0.95, from 1.88 in 2016Q1. The ratio increased, as 9 funds sold all Blue Capital Reinsurance Holdings Ltd shares owned while 8 reduced positions. 18 funds bought stakes while 14 increased positions. They now own 3.18 million shares or 11.40% more from 2.85 million shares in 2016Q1.

Geode Cap Mgmt Ltd Limited Liability Company owns 29,705 shares or 0% of their US portfolio. Tiaa Cref Inv Management Ltd Liability Company has 0% invested in the company for 14,602 shares. Globeflex Capital Limited Partnership owns 96 shares or 0% of their US portfolio. Citigroup Incorporated last reported 0% of its portfolio in the stock. Blackrock Advsrs Ltd last reported 0% of its portfolio in the stock. Donald Smith And Communications last reported 0.33% of its portfolio in the stock. Teachers Advsrs has 0% invested in the company for 9,752 shares. Panagora Asset Management last reported 0% of its portfolio in the stock. Bankshares Of America Corp De accumulated 112 shares or 0% of the stock. Cornercap Invest Counsel accumulated 27,290 shares or 0.1% of the stock. Nationwide Fund accumulated 3,621 shares or 0% of the stock. Bank & Trust Of Mellon has 14,532 shares for 0% of their US portfolio. Morgan Stanley has invested 0% of its portfolio in Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH). Bedell Frazier Counseling Ltd Liability Com accumulated 1.19% or 129,530 shares. Manufacturers Life Company The accumulated 0% or 4,154 shares.

Blue Capital Reinsurance Holdings Ltd. provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The company has a market cap of $160.66 million. The Firm conducts its activities through its subsidiaries, including Blue Capital Re Ltd. , which provides collateralized reinsurance, and Blue Capital Re ILS Ltd. (Blue Capital Re ILS), which conducts hedging and other investment activities. It has a 10.2 P/E ratio. Blue Capital Re provides reinsurance to third-party insurance and reinsurance companies through reinsurance contracts, either directly with the cedant or on a fronted basis.

According to Zacks Investment Research, “Blue Capital Holdings Ltd. is a reinsurance holding company. It offers collateralized reinsurance in the property catastrophe market. Blue Capital Holdings Ltd. is based in Bermuda.”

BCRH Company Profile

Blue Capital Reinsurance Holdings Ltd., incorporated on June 24, 2013, provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Firm conducts its activities through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd. (Blue Capital Re ILS), which conducts hedging and other investment activities.

More recent Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) news were published by: Reuters.com which released: “BRIEF-Blue Capital Reinsurance Holdings comments on Endurance acquisition” on October 06, 2016. Also Marketwatch.com published the news titled: “Blue Capital Reinsurance downgraded to market perform from outperform at …” on November 20, 2013. Nasdaq.com‘s news article titled: “Blue Capital Reinsurance Holdings Reports Third Quarter 2016 Financial Results” with publication date: October 31, 2016 was also an interesting one.

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