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Validus Holdings (NYSE:VR) was downgraded by Barclays to an “equal weight” rating in a research note issued on Tuesday, AnalystRatings.Net reports.

A number of other analysts have also recently weighed in on VR. Analysts at Zacks upgraded shares of Validus Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 30th. They now have a $42.00 price target on the stock. Analysts at Macquarie upgraded shares of Validus Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $40.60.

In other Validus Holdings news, CEO Kean Driscoll sold 10,953 shares of Validus Holdings stock on the open market in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $39.08, for a total transaction of $428,043.24. Following the transaction, the chief executive officer now directly owns 127,306 shares of the company’s stock, valued at approximately $4,975,118. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Validus Holdings (NYSE:VR) traded up 0.20% during mid-day trading on Tuesday, hitting $38.005. The stock had a trading volume of 438,730 shares. Validus Holdings has a 52 week low of $33.40 and a 52 week high of $40.71. The stock has a 50-day moving average of $39.23 and a 200-day moving average of $37.1. The company has a market cap of $3.778 billion and a P/E ratio of 12.05.

Validus Holdings (NYSE:VR) last released its earnings data on Friday, October 25th. The company reported $1.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.82 by $0.68. The company had revenue of $317.35 million for the quarter, compared to the consensus estimate of $542.46 million. During the same quarter last year, the company posted $1.74 earnings per share. Validus Holdings’s revenue was down 7.9% compared to the same quarter last year. Analysts expect that Validus Holdings will post $5.84 EPS for the current fiscal year.

Validus Holdings, Ltd. is a holding company. The Company, through its subsidiaries, provides reinsurance coverage in the property, marine and specialty lines markets and insurance coverage in the same markets.

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