Validus Holdings, Ltd. (VR) Holdings Trimmed by Fmr LLC

Fmr LLC lowered its stake in shares of Validus Holdings, Ltd. (NYSE:VR) by 99.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,058 shares of the insurance provider’s stock after selling 2,123,647 shares during the period. Fmr LLC’s holdings in Validus were worth $207,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VR. Legacy Financial Advisors Inc. purchased a new position in shares of Validus in the 2nd quarter valued at $144,000. Nisa Investment Advisors LLC purchased a new position in shares of Validus in the 2nd quarter valued at $172,000. Ancora Advisors LLC purchased a new position in shares of Validus in the 1st quarter valued at $209,000. PNC Financial Services Group Inc. raised its stake in shares of Validus by 67.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,101 shares of the insurance provider’s stock valued at $209,000 after acquiring an additional 1,244 shares during the period. Finally, Private Advisor Group LLC purchased a new position in shares of Validus in the 2nd quarter valued at $231,000. 81.98% of the stock is currently owned by institutional investors.

Shares of VR stock opened at $67.99 on Friday. Validus Holdings, Ltd. has a 52 week low of $41.15 and a 52 week high of $68.00. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $5.39 billion, a PE ratio of -63.54, a price-to-earnings-growth ratio of 1.84 and a beta of 1.02.

About Validus

Validus Holdings, Ltd. provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide. It operates through three segments: Reinsurance, Insurance, and Asset Management. The Reinsurance segment underwrites property reinsurance products on a catastrophe excess of loss, per risk excess of loss and proportional basis; and aerospace and aviation, agriculture, composite, marine, technical lines, terrorism, trade credit, workers' compensation, and other specialty lines, as well as casualty and financial lines.

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Institutional Ownership by Quarter for Validus (NYSE:VR)

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