Wall Street brokerages expect Validus Holdings, Ltd. (NYSE:VR) to post earnings of $0.54 per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Validus Holdings’ earnings, with the highest EPS estimate coming in at $0.80 and the lowest estimate coming in at $0.16. Validus Holdings reported earnings of $1.02 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 47.1%. The firm is scheduled to issue its next quarterly earnings results on Thursday, October 26th.

On average, analysts expect that Validus Holdings will report full year earnings of $3.63 per share for the current year, with EPS estimates ranging from $3.15 to $3.95. For the next year, analysts expect that the business will report earnings of $4.00 per share, with EPS estimates ranging from $3.30 to $4.55. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Validus Holdings.

Validus Holdings (NYSE:VR) last issued its earnings results on Thursday, July 27th. The insurance provider reported $1.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.10. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. The business had revenue of $675.27 million for the quarter, compared to the consensus estimate of $922.84 million. During the same quarter last year, the firm posted $0.66 EPS.

Several research analysts have commented on the company. Keefe, Bruyette & Woods set a $55.00 target price on Validus Holdings and gave the stock a “hold” rating in a research note on Thursday. BidaskClub cut Validus Holdings from a “sell” rating to a “strong sell” rating in a report on Friday. Zacks Investment Research cut Validus Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 7th. ValuEngine upgraded Validus Holdings from a “hold” rating to a “buy” rating in a report on Saturday, June 3rd. Finally, Deutsche Bank AG boosted their price target on Validus Holdings from $56.00 to $59.00 and gave the stock a “hold” rating in a report on Friday, April 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $57.00.

Validus Holdings (VR) opened at 52.46 on Monday. The stock has a 50 day moving average of $52.82 and a 200-day moving average of $54.64. The stock has a market cap of $4.17 billion, a P/E ratio of 14.47 and a beta of 0.64. Validus Holdings has a 52 week low of $48.77 and a 52 week high of $58.76.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, September 14th. Validus Holdings’s dividend payout ratio (DPR) is currently 41.87%.

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In related news, insider Patrick Boisvert sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $53.40, for a total value of $53,400.00. Following the sale, the insider now directly owns 5,714 shares in the company, valued at $305,127.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Matthew J. Grayson sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $53.50, for a total value of $267,500.00. Following the completion of the sale, the director now owns 99,520 shares in the company, valued at $5,324,320. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 56,000 shares of company stock worth $2,959,300. Company insiders own 2.33% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue boosted its stake in shares of Validus Holdings by 4.6% in the first quarter. State of Alaska Department of Revenue now owns 10,114 shares of the insurance provider’s stock valued at $570,000 after buying an additional 448 shares during the last quarter. PhiloSmith Capital Corp boosted its stake in shares of Validus Holdings by 15.7% in the first quarter. PhiloSmith Capital Corp now owns 132,570 shares of the insurance provider’s stock valued at $7,476,000 after buying an additional 18,000 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Validus Holdings by 7.8% in the first quarter. ProShare Advisors LLC now owns 11,661 shares of the insurance provider’s stock valued at $658,000 after buying an additional 839 shares during the last quarter. Sit Investment Associates Inc. boosted its stake in shares of Validus Holdings by 2.7% in the first quarter. Sit Investment Associates Inc. now owns 25,275 shares of the insurance provider’s stock valued at $1,425,000 after buying an additional 675 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Validus Holdings by 2.9% in the first quarter. Russell Investments Group Ltd. now owns 153,444 shares of the insurance provider’s stock valued at $8,653,000 after buying an additional 4,272 shares during the last quarter. Institutional investors and hedge funds own 97.84% of the company’s stock.

About Validus Holdings

Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183.

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