Maiden (NASDAQ:MHLD)‘s stock had its “hold” rating restated by equities researchers at Keefe, Bruyette & Woods in a report issued on Wednesday. They presently have a $7.00 target price on the insurance provider’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 2.64% from the stock’s previous close.

Several other equities research analysts also recently weighed in on MHLD. JMP Securities reissued a “mkt outperform” rating and issued a $9.00 target price on shares of Maiden in a research note on Thursday, August 10th. B. Riley reissued a “neutral” rating and issued a $10.00 target price on shares of Maiden in a research note on Monday, November 6th. FBR & Co reissued a “hold” rating and issued a $11.00 target price on shares of Maiden in a research note on Monday, September 25th. Finally, Zacks Investment Research raised shares of Maiden from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Maiden has an average rating of “Hold” and an average target price of $10.40.

Maiden (MHLD) traded down $0.03 during mid-day trading on Wednesday, reaching $6.82. 419,424 shares of the company’s stock traded hands, compared to its average volume of 648,936. Maiden has a fifty-two week low of $5.55 and a fifty-two week high of $18.95. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.18 and a quick ratio of 0.18.

Maiden (NASDAQ:MHLD) last released its quarterly earnings data on Wednesday, November 8th. The insurance provider reported ($0.66) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.77). Maiden had a negative net margin of 3.95% and a negative return on equity of 9.10%. The business had revenue of $653.87 million for the quarter, compared to the consensus estimate of $708.04 million. During the same quarter last year, the business earned $0.39 EPS. Maiden’s revenue for the quarter was down 6.4% compared to the same quarter last year. research analysts anticipate that Maiden will post -0.35 EPS for the current fiscal year.

In other news, Director Raymond Michael Neff bought 46,500 shares of Maiden stock in a transaction dated Monday, November 13th. The shares were acquired at an average price of $6.40 per share, with a total value of $297,600.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 10.00% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Cornerstone Capital Management Holdings LLC. purchased a new position in Maiden in the 3rd quarter worth about $474,000. Engineers Gate Manager LP purchased a new position in Maiden in the 3rd quarter worth about $129,000. Salzhauer Michael increased its stake in Maiden by 120.1% in the 3rd quarter. Salzhauer Michael now owns 38,493 shares of the insurance provider’s stock worth $306,000 after buying an additional 21,005 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Maiden by 9.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 684,310 shares of the insurance provider’s stock worth $5,441,000 after buying an additional 60,847 shares during the period. Finally, Wells Fargo & Company MN increased its stake in Maiden by 14.1% in the 3rd quarter. Wells Fargo & Company MN now owns 1,577,213 shares of the insurance provider’s stock worth $12,539,000 after buying an additional 194,708 shares during the period. 65.87% of the stock is currently owned by institutional investors.

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Maiden 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.

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