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Blue Capital Reinsurance Holdings (NASDAQ:BCRH) major shareholder Re Holdings Ltd Montpelier purchased 26,324 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, July 2nd. The shares were purchased at an average cost of $19.46 per share, with a total value of $512,265.04. Following the completion of the transaction, the insider now directly owns 2,800 shares in the company, valued at approximately $54,488. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Blue Capital Reinsurance Holdings (NASDAQ:BCRH) traded down 0.10% during mid-day trading on Wednesday, hitting $19.35. 48,125 shares of the company’s stock traded hands. Blue Capital Reinsurance Holdings has a 1-year low of $16.46 and a 1-year high of $21.02. The stock has a 50-day moving average of $18.10 and a 200-day moving average of $17.78. The company’s market cap is $169.3 million.

Blue Capital Reinsurance Holdings (NASDAQ:BCRH) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.17. Analysts expect that Blue Capital Reinsurance Holdings will post $2.20 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 31st. Investors of record on Tuesday, July 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Friday, July 11th.

Blue Capital Reinsurance Holdings Ltd is a reinsurance holding company. The Company focuses to offer collateralized reinsurance in the property catastrophe market.

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