Noteworthy Price Action: Will Validus Holdings, Ltd. Run Out of Steam Soon?

Noteworthy Price Action: Will Validus Holdings, Ltd. Run Out of Steam Soon?

The stock of Validus Holdings, Ltd. (NYSE:VR) reached all time high today, Oct, 5 and still has $73.54 target or 47.00% above today’s $50.03 share price. This indicates more upside for the $4.09B company. This technical setup was reported by If the $73.54 PT is reached, the company will be worth $1.92 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 358,527 shares traded hands. Validus Holdings, Ltd. (NYSE:VR) has risen 10.37% since March 2, 2016 and is uptrending. It has outperformed by 2.11% the S&P500.

Analysts await Validus Holdings, Ltd. (NYSE:VR) to report earnings on November, 3. They expect $0.73 EPS, down 15.12% or $0.13 from last year’s $0.86 per share. VR’s profit will be $59.68 million for 17.13 P/E if the $0.73 EPS becomes a reality. After $0.66 actual EPS reported by Validus Holdings, Ltd. for the previous quarter, Wall Street now forecasts 10.61% EPS growth.

Validus Holdings, Ltd. (NYSE:VR) Ratings Coverage

Out of 4 analysts covering Validus Holdings (NYSE:VR), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Validus Holdings has been the topic of 4 analyst reports since July 21, 2015 according to StockzIntelligence Inc. JP Morgan initiated the stock with “Overweight” rating in Tuesday, June 28 report. The firm earned “Neutral” rating on Monday, May 2 by Bank of America. UBS downgraded the stock to “Neutral” rating in Friday, September 23 report.

According to Zacks Investment Research, “Validus Holdings, Ltd., through its principal operating subsidiary Validus Reinsurance, Ltd., is a global provider of short-tail lines of reinsurance including property catastrophe, property pro-rata and property per risk, marine and energy, and other specialty lines. Validus was formed in December following the significant natural catastrophes of 2005 with an experienced management team and an unencumbered capital base of approximately $one billion.”

Insitutional Activity: The institutional sentiment decreased to 0.95 in Q2 2016. Its down 0.17, from 1.12 in 2016Q1. The ratio dived, as 17 funds sold all Validus Holdings, Ltd. shares owned while 93 reduced positions. 24 funds bought stakes while 80 increased positions. They now own 71.29 million shares or 1.61% less from 72.46 million shares in 2016Q1.
Gilder Gagnon Howe Lc holds 0.11% of its portfolio in Validus Holdings, Ltd. (NYSE:VR) for 118,336 shares. Bnp Paribas Arbitrage last reported 8,976 shares in the company. Blackrock Ltd Llc last reported 43,745 shares in the company. State Treasurer State Of Michigan has 3.41M shares for 1.3% of their US portfolio. Ajo Limited Partnership holds 1.24M shares or 0.27% of its portfolio. Blackrock Limited accumulated 72,858 shares or 0% of the stock. Moreover, Da Davidson & has 0% invested in Validus Holdings, Ltd. (NYSE:VR) for 200 shares. State Street Corp last reported 1.39M shares in the company. Macquarie Ltd, a Australia-based fund reported 1.21M shares. Nationwide Fund Advisors holds 0.04% or 200,724 shares in its portfolio. Joel Isaacson & Co Ltd holds 125 shares or 0% of its portfolio. Kennedy Cap Management has invested 0.23% of its portfolio in Validus Holdings, Ltd. (NYSE:VR). Renaissance Gru Limited Liability Corp holds 310,231 shares or 0.64% of its portfolio. Suntrust Banks reported 42,605 shares or 0.01% of all its holdings. Renaissance Technology Limited Company owns 166,469 shares or 0.02% of their US portfolio.

Insider Transactions: Since May 4, 2016, the stock had 0 insider purchases, and 4 insider sales for $3.71 million net activity. 10,000 shares were sold by Kudera Andrew E., worth $467,200. $2.71M worth of Validus Holdings, Ltd. (NYSE:VR) shares were sold by Greenberg Jeffrey W.. On Monday, June 6 Boisvert Patrick sold $72,000 worth of the stock or 1,500 shares. Another trade for 9,300 shares valued at $461,280 was made by Carpenter Michael E.A. on Tuesday, September 20.

More notable recent Validus Holdings, Ltd. (NYSE:VR) news were published by: which released: “Validus Holdings Ltd Reaches Analyst Target Price” on October 05, 2016, also with their article: “Validus Holdings, Ltd. Announces Pricing of $150 Million Offering of …” published on June 06, 2016, published: “Validus Holdings, Ltd. Announces Senior Management Appointments at Talbot …” on November 19, 2015. More interesting news about Validus Holdings, Ltd. (NYSE:VR) were released by: and their article: “Validus Holdings, Ltd. Provides Initial Estimate of Losses from Second Quarter …” published on July 11, 2016 as well as‘s news article titled: “Validus Holdings, Ltd. to Release Third Quarter 2016 Financial Results on …” with publication date: August 30, 2016.

VR Company Profile

Validus Holdings, Ltd., incorporated on October 19, 2005, is a holding company. The Firm conducts its activities through four operating divisions: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda reinsurance segment focused treaty reinsurance. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183. Western World is a specialty excess and surplus lines insurance segment operating within the United States commercial market. AlphaCat is a Bermuda investment advisor, managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space.

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