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Montpelier Re Holdings (NYSE:MRH) announced a quarterly dividend on Wednesday, June 11th, StockRatingsNetwork reports. Stockholders of record on Monday, June 30th will be paid a dividend of 0.125 per share on Tuesday, July 15th. This represents a $0.50 annualized dividend and a dividend yield of 1.57%.

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. On a related note, 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 investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. Montpelier Re Holdings has a consensus rating of “Hold” and a consensus price target of $33.63.

Shares of Montpelier Re Holdings (NYSE:MRH) traded down 0.47% during mid-day trading on Wednesday, hitting $31.78. 347,615 shares of the company’s stock traded hands. Montpelier Re Holdings has a one year low of $23.91 and a one year high of $32.27. The stock has a 50-day moving average of $31.26 and a 200-day moving average of $29.30. The company has a market cap of $1.476 billion and a P/E ratio of 8.66.

Montpelier Re Holdings (NYSE:MRH) last issued its quarterly 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. Analysts expect that Montpelier Re Holdings will post $3.54 EPS for the current fiscal year.

In other Montpelier Re Holdings news, Director Henry Keizer bought 1,300 shares of Montpelier Re Holdings stock on the open market in a transaction dated Monday, June 2nd. The stock was purchased at an average price of $31.25 per share, for a total transaction of $40,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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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