Deutsche Bank AG Increases Position in Blue Capital Reinsurance (BCRH)

Deutsche Bank AG lifted its stake in shares of Blue Capital Reinsurance (NYSE:BCRH) by 93.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,051 shares of the insurance provider’s stock after purchasing an additional 12,586 shares during the quarter. Deutsche Bank AG owned 0.30% of Blue Capital Reinsurance worth $312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Wells Fargo & Company MN grew its holdings in shares of Blue Capital Reinsurance by 27.3% during the 3rd quarter. Wells Fargo & Company MN now owns 29,303 shares of the insurance provider’s stock valued at $482,000 after purchasing an additional 6,280 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Blue Capital Reinsurance by 55.9% during the 4th quarter. Bank of New York Mellon Corp now owns 28,042 shares of the insurance provider’s stock valued at $338,000 after purchasing an additional 10,055 shares during the last quarter. Wedge Capital Management L L P NC grew its holdings in shares of Blue Capital Reinsurance by 45.9% during the 4th quarter. Wedge Capital Management L L P NC now owns 85,200 shares of the insurance provider’s stock valued at $1,027,000 after purchasing an additional 26,800 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Blue Capital Reinsurance during the 3rd quarter valued at approximately $736,000. Finally, Clear Harbor Asset Management LLC grew its holdings in shares of Blue Capital Reinsurance by 269.7% during the 4th quarter. Clear Harbor Asset Management LLC now owns 115,212 shares of the insurance provider’s stock valued at $1,388,000 after purchasing an additional 84,047 shares during the last quarter. 46.88% of the stock is currently owned by institutional investors.

NYSE:BCRH opened at $11.25 on Friday. Blue Capital Reinsurance has a one year low of $10.75 and a one year high of $20.20. The company has a market cap of $98.56 million, a P/E ratio of -2.28 and a beta of -0.02.

Blue Capital Reinsurance (NYSE:BCRH) last posted its earnings results on Monday, April 30th. The insurance provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.40). Blue Capital Reinsurance had a negative return on equity of 33.39% and a negative net margin of 98.53%. The business had revenue of $8.00 million for the quarter, compared to analyst estimates of $10.10 million. analysts predict that Blue Capital Reinsurance will post 0.88 earnings per share for the current year.

Several equities research analysts recently commented on BCRH shares. Zacks Investment Research downgraded shares of Blue Capital Reinsurance from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. ValuEngine upgraded shares of Blue Capital Reinsurance from a “strong sell” rating to a “sell” rating in a research report on Monday, April 2nd. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Blue Capital Reinsurance currently has a consensus rating of “Sell” and an average price target of $18.00.

About Blue Capital Reinsurance

Blue Capital Reinsurance Holdings Ltd., through its subsidiaries, provides collateralized reinsurance in the property catastrophe market in the United States and internationally. It also invests in various insurance-linked securities. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.

Institutional Ownership by Quarter for Blue Capital Reinsurance (NYSE:BCRH)

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