Market Rating: FBR & Co. Gives Maiden Holdings (NASDAQ:MHLD) Lower Rating. What Is Next?

November 28, 2016 - By Linda Rogers

Market Rating: FBR & Co. Gives Maiden Holdings (NASDAQ:MHLD) Lower Rating. What Is Next?

Maiden Holdings (NASDAQ:MHLD) Downgrade

New York-listed Maiden Holdings (NASDAQ:MHLD), was decreased by stock research analysts at FBR & Co.. FBR & Co. decreased its rating on the $1.42B market cap company to a Mkt Perform from a previous Outperform.

Maiden Holdings, Ltd. (NASDAQ:MHLD) Ratings Coverage

Out of 2 analysts covering Maiden Holdings (NASDAQ:MHLD), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. $19 is the highest target while $18 is the lowest. The $18 average target is 9.76% above today’s ($16.4) stock price. Maiden Holdings has been the topic of 4 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Sell” rating given by Zacks on Tuesday, August 25. The rating was maintained by Compass Point on Wednesday, February 24 with “Buy”. The rating was downgraded by Zacks on Wednesday, September 2 to “Sell”.

The stock increased 0.61% or $0.1 on November 25, hitting $16.4. Maiden Holdings, Ltd. (NASDAQ:MHLD) has risen 32.58% since April 25, 2016 and is uptrending. It has outperformed by 26.56% the S&P500.

Analysts await Maiden Holdings, Ltd. (NASDAQ:MHLD) to report earnings on February, 27. They expect $0.40 EPS, up 17.65% or $0.06 from last year’s $0.34 per share. MHLD’s profit will be $34.63M for 10.25 P/E if the $0.40 EPS becomes a reality. After $0.39 actual EPS reported by Maiden Holdings, Ltd. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.94, from 1.06 in 2016Q1. The ratio is positive, as 16 funds sold all Maiden Holdings, Ltd. shares owned while 48 reduced positions. 14 funds bought stakes while 54 increased positions. They now own 50.04 million shares or 1.93% less from 51.02 million shares in 2016Q1.

Lsv Asset Management, a Illinois-based fund reported 2.71 million shares. Axa holds 105,950 shares or 0.01% of its portfolio. Fuller And Thaler Asset Mgmt has 0% invested in the company for 2,200 shares. Tudor Inv Et Al holds 0.01% or 36,300 shares in its portfolio. Schwab Charles Invest Incorporated accumulated 0.01% or 729,722 shares. Wellington Shields Capital Llc owns 49,600 shares or 0.1% of their US portfolio. Pnc Fincl Inc has 262,869 shares for 0% of their US portfolio. Cortina Asset Mgmt Ltd Com accumulated 449,436 shares or 0.25% of the stock. Cornercap Investment Counsel Inc has 0.32% invested in the company for 136,810 shares. Grantham Mayo Van Otterloo & Co Limited Liability Corp last reported 71,690 shares in the company. Aqr Cap Ltd Liability last reported 170,471 shares in the company. Brown Advisory Incorporated owns 907,113 shares or 0.04% of their US portfolio. Moreover, Deutsche Comml Bank Ag has 0% invested in Maiden Holdings, Ltd. (NASDAQ:MHLD) for 218,234 shares. State Board Of Administration Of Florida Retirement reported 60,278 shares or 0% of all its holdings. Jacobs Levy Equity Mgmt Inc, a New Jersey-based fund reported 49,150 shares.

Insider Transactions: Since November 7, 2016, the stock had 0 insider buys, and 4 sales for $1.47 million net activity. 20,000 shares were sold by SCHMITT KAREN, worth $319,700 on Friday, November 11. 70,000 Maiden Holdings, Ltd. (NASDAQ:MHLD) shares with value of $956,200 were sold by RASCHBAUM ARTURO MANUEL. $166,500 worth of Maiden Holdings, Ltd. (NASDAQ:MHLD) was sold by Haveron Patrick J on Friday, November 18. Shares for $32,536 were sold by Highet Thomas on Tuesday, November 15.

Maiden Holdings, Ltd. is a holding company. The company has a market cap of $1.42 billion. The Firm is focused on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It has a 12.3 P/E ratio. Maiden operates through two divisions: Diversified Reinsurance and AmTrust Reinsurance.

According to Zacks Investment Research, “MAIDEN HOLDINGS is a Bermuda holding company which offers customized reinsurance products and services through Maiden Insurance Company, Ltd., its wholly owned Bermuda reinsurance subsidiary, to subsidiaries of AmTrust Financial Services, Inc. and small insurance companies and managing general agents in the United States and Europe.”

MHLD Company Profile

Maiden Holdings, Ltd. (Maiden), incorporated on June 19, 2007, is a holding company. The Firm is focused on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. Maiden operates through two divisions: Diversified Reinsurance and AmTrust Reinsurance. It specializes in reinsurance solutions that optimize financing and risk management by providing coverage within the predictable and actuarially credible lower layers of coverage and/or reinsuring risks that are believed to be lower hazard, more predictable and generally not susceptible to catastrophe claims.

More important recent Maiden Holdings, Ltd. (NASDAQ:MHLD) news were published by: Businesswire.com which released: “A.M. Best Upgrades Ratings of Maiden Holdings, Ltd. and Its Subsidiaries” on September 01, 2016, also Globenewswire.com published article titled: “CORRECTING and REPLACING — Maiden Holdings, Ltd. Announces Full Redemption of …”, Globenewswire.com published: “Maiden Holdings, Ltd. Announces Pricing of $110 Million Offering of 6.625 …” on June 07, 2016. More interesting news about Maiden Holdings, Ltd. (NASDAQ:MHLD) was released by: Globenewswire.com and their article: “Maiden Holdings, Ltd. to Release Second Quarter 2016 Earnings on August 4 …” with publication date: July 20, 2016.

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