Maiden Holdings, Ltd. (NASDAQ:MHLD) was upgraded by analysts at Compass Point from a “neutral” rating to a “buy” rating in a research report issued on Wednesday. The brokerage currently has a $15.00 price target on the insurance provider’s stock. Compass Point’s price objective would suggest a potential upside of 36.36% from the stock’s previous close.

A number of other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of Maiden Holdings from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 5th. TheStreet cut shares of Maiden Holdings from a “b” rating to a “c+” rating in a research report on Monday, April 3rd. FBR & Co reissued a “hold” rating and issued a $16.00 price target on shares of Maiden Holdings in a report on Wednesday, March 1st. JMP Securities raised their price target on shares of Maiden Holdings from $18.00 to $19.00 and gave the stock an “outperform” rating in a report on Monday, January 23rd. Finally, Keefe, Bruyette & Woods started coverage on shares of Maiden Holdings in a report on Tuesday, January 31st. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $15.67.

Shares of Maiden Holdings (NASDAQ:MHLD) traded down 3.08% on Wednesday, reaching $11.00. 406,499 shares of the company’s stock traded hands. The firm has a market cap of $952.08 million, a P/E ratio of 177.42 and a beta of 1.17. Maiden Holdings has a one year low of $10.75 and a one year high of $18.95. The company’s 50-day moving average price is $12.68 and its 200 day moving average price is $15.46.

Maiden Holdings (NASDAQ:MHLD) last issued its earnings results on Monday, May 8th. The insurance provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by $0.12. The business had revenue of $756.30 million during the quarter, compared to analysts’ expectations of $647.60 million. Maiden Holdings had a return on equity of 13.56% and a net margin of 5.51%. Maiden Holdings’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 EPS. On average, equities analysts forecast that Maiden Holdings will post $1.50 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, April 17th. Shareholders of record on Monday, April 3rd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date was Thursday, March 30th. Maiden Holdings’s dividend payout ratio (DPR) is presently 41.10%.

TRADEMARK VIOLATION WARNING: “Compass Point Upgrades Maiden Holdings, Ltd. (MHLD) to Buy” was originally published by American Banking News and is the property of of American Banking News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/05/14/compass-point-upgrades-maiden-holdings-ltd-mhld-to-buy.html.

Large investors have recently made changes to their positions in the company. Rothschild Asset Management Inc. raised its stake in shares of Maiden Holdings by 17.0% in the third quarter. Rothschild Asset Management Inc. now owns 219,514 shares of the insurance provider’s stock worth $2,786,000 after buying an additional 31,969 shares during the last quarter. Capital Management Associates NY raised its stake in shares of Maiden Holdings by 20.0% in the third quarter. Capital Management Associates NY now owns 36,000 shares of the insurance provider’s stock worth $457,000 after buying an additional 6,000 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Maiden Holdings by 102.3% in the third quarter. Bank of New York Mellon Corp now owns 878,061 shares of the insurance provider’s stock worth $11,144,000 after buying an additional 443,936 shares during the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of Maiden Holdings by 15.7% in the third quarter. UBS Asset Management Americas Inc. now owns 35,297 shares of the insurance provider’s stock worth $448,000 after buying an additional 4,800 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Maiden Holdings by 52.8% in the third quarter. JPMorgan Chase & Co. now owns 359,401 shares of the insurance provider’s stock worth $4,562,000 after buying an additional 124,201 shares during the last quarter. 69.76% of the stock is currently owned by institutional investors and hedge funds.

Maiden Holdings Company Profile

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

5 Day Chart for NASDAQ:MHLD

Receive News & Ratings for Maiden Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maiden Holdings Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.