Watford Hldg Ltd (WTRE) CFO Buys $98,188.38 in Stock

Watford Hldg Ltd (NASDAQ:WTRE) CFO Robert L. Hawley purchased 3,846 shares of the firm’s stock in a transaction on Friday, May 17th. The stock was bought at an average cost of $25.53 per share, with a total value of $98,188.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Watford stock traded down $0.28 on Friday, reaching $25.33. The company’s stock had a trading volume of 72,068 shares, compared to its average volume of 68,043. Watford Hldg Ltd has a 52-week low of $23.70 and a 52-week high of $28.94.

Watford (NASDAQ:WTRE) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $2.10 EPS for the quarter, missing the Zacks’ consensus estimate of $3.72 by ($1.62). The firm had revenue of $205.04 million during the quarter. As a group, equities analysts predict that Watford Hldg Ltd will post 4.28 EPS for the current fiscal year.

WTRE has been the subject of a number of analyst reports. JMP Securities initiated coverage on Watford in a report on Thursday. They issued an “outperform” rating and a $33.00 price target for the company. Keefe, Bruyette & Woods assumed coverage on Watford in a report on Sunday, May 12th. They issued a “market perform” rating and a $25.00 price target for the company. JPMorgan Chase & Co. assumed coverage on Watford in a research report on Tuesday, April 23rd. They issued a “neutral” rating and a $30.00 price objective for the company. Finally, Barclays assumed coverage on Watford in a research report on Monday, April 22nd. They issued an “equal weight” rating and a $29.00 price objective for the company.

Several institutional investors have recently bought and sold shares of the company. Element Pointe Advisors LLC purchased a new stake in shares of Watford in the first quarter valued at approximately $3,344,000. Blackstone Group L.P. purchased a new stake in shares of Watford in the first quarter valued at approximately $1,605,000. JPMorgan Chase & Co. purchased a new stake in shares of Watford in the first quarter valued at approximately $1,471,000. First Republic Investment Management Inc. purchased a new stake in shares of Watford in the first quarter valued at approximately $334,000. Finally, Price Wealth Management Inc. purchased a new stake in shares of Watford in the first quarter valued at approximately $334,000. Institutional investors and hedge funds own 0.94% of the company’s stock.

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Watford Company Profile

Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.

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