Validus Holdings, Ltd. (NYSE:VR) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

A number of other equities research analysts also recently commented on the stock. Barclays PLC cut their target price on shares of Validus Holdings from $57.00 to $53.00 and set an “equal weight” rating for the company in a research report on Monday, October 16th. TheStreet downgraded shares of Validus Holdings from a “b” rating to a “c+” rating in a research report on Wednesday, October 11th. Zacks Investment Research downgraded shares of Validus Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 target price on shares of Validus Holdings in a research report on Thursday, October 12th. Finally, UBS AG cut their target price on shares of Validus Holdings from $50.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Validus Holdings presently has an average rating of “Hold” and a consensus target price of $54.17.

Validus Holdings (NYSE VR) traded down 0.86% during trading on Friday, reaching $51.88. The company had a trading volume of 877,355 shares. The firm’s 50 day moving average price is $48.33 and its 200 day moving average price is $52.06. The firm has a market capitalization of $4.13 billion, a PE ratio of 14.17 and a beta of 0.65. Validus Holdings has a 12-month low of $41.15 and a 12-month high of $58.76.

Validus Holdings (NYSE:VR) last posted its earnings results on Thursday, July 27th. The insurance provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $922.84 million. During the same quarter in the previous year, the firm posted $0.66 EPS. Equities research analysts forecast that Validus Holdings will post ($0.19) EPS for the current year.

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Institutional investors have recently modified their holdings of the company. IFP Advisors Inc boosted its stake in shares of Validus Holdings by 14.0% during the 2nd quarter. IFP Advisors Inc now owns 2,154 shares of the insurance provider’s stock worth $112,000 after acquiring an additional 265 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Validus Holdings during the 2nd quarter worth $116,000. The Manufacturers Life Insurance Company boosted its stake in shares of Validus Holdings by 10.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,382 shares of the insurance provider’s stock worth $124,000 after acquiring an additional 219 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Validus Holdings by 93.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,650 shares of the insurance provider’s stock worth $138,000 after acquiring an additional 1,282 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Validus Holdings by 10.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,905 shares of the insurance provider’s stock worth $151,000 after acquiring an additional 278 shares during the last quarter. Institutional investors and hedge funds own 93.51% of the company’s stock.

Validus Holdings Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Validus Holdings (NYSE:VR)

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