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Montpelier Re Holdings (NYSE:MRH) Director Henry Keizer bought 1,300 shares of the company’s stock in a transaction dated Monday, June 2nd. The shares were purchased at an average price of $31.25 per share, with a total value of $40,625.00. Following the transaction, the director now directly owns 3,700 shares of the company’s stock, valued at approximately $115,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Montpelier Re Holdings (NYSE:MRH) traded down 0.64% during mid-day trading on Monday, hitting $31.24. 253,159 shares of the company’s stock traded hands. Montpelier Re Holdings has a 52 week low of $23.91 and a 52 week high of $31.79. The stock has a 50-day moving average of $31.04 and a 200-day moving average of $29.14. The company has a market cap of $1.450 billion and a P/E ratio of 8.52.

Montpelier Re Holdings (NYSE:MRH) last released its earnings data on Wednesday, April 30th. The company reported $1.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.62. On average, analysts predict that Montpelier Re Holdings will post $3.54 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Montpelier Re Holdings in a research note on Friday, May 23rd. They now have a $38.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Montpelier Re Holdings in a research note on Tuesday, May 13th. They now have a $38.00 price target on the stock, up previously from $37.00. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Montpelier Re Holdings from $30.50 to $32.50 in a research note on Friday, May 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. Montpelier Re Holdings has a consensus rating of “Hold” and an average price target of $33.63.

Montpelier Re Holdings Ltd. through its subsidiaries in Bermuda, the United States, the United Kingdom and Switzerland, provides customized and insurance and reinsurance solutions to the global market.

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