The stock of Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) is a huge mover today! About 72,957 shares traded hands or 177.80% up from the average. Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) has declined 14.34% since March 4, 2016 and is downtrending. It has underperformed by 22.38% the S&P500.
The move comes after 8 months positive chart setup for the $27.05M company. It was reported on Oct, 7 by Barchart.com. We have $13.99 PT which if reached, will make NASDAQ:OXBR worth $51.94M more.
Analysts await Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) to report earnings on November, 9.
According to Zacks Investment Research, “Oxbridge Re Holdings Ltd. is a reinsurance holding company. It provides reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through its wholly owned reinsurance subsidiary, Oxbridge Reinsurance Limited, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re Holdings Ltd. is based in Cayman Islands.”
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 1.00, from 2 in 2016Q1. The ratio worsened, as 1 funds sold all Oxbridge Re Holdings Ltd. shares owned while 1 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 202,251 shares or 1.66% less from 205,658 shares in 2016Q1.
Lsv Asset Mngmt holds 0% or 21,300 shares in its portfolio. Jaffetilchin Ltd Liability has 0.04% invested in the company for 24,090 shares. Cutler Capital Mgmt Llc holds 120,000 shares or 0.17% of its portfolio. Morgan Stanley accumulated 0% or 4,100 shares. Retail Bank Of America De has invested 0% of its portfolio in Oxbridge Re Holdings Ltd. (NASDAQ:OXBR). Blackrock Invest Ltd Liability Corp has invested 0% of its portfolio in Oxbridge Re Holdings Ltd. (NASDAQ:OXBR). Tower Cap Lc (Trc) last reported 0% of its portfolio in the stock. Creative Planning holds 0% or 12,260 shares in its portfolio. Hilton Capital Management Limited Liability owns 19,750 shares or 0.03% of their US portfolio.
More news for Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) were recently published by: Businesswire.com, which released: “Oxbridge Re Holdings Limited Announces Closing of Initial Public Offering” on March 26, 2014. Businesswire.com‘s article titled: “Oxbridge Re Holdings Limited to Ring the NASDAQ Stock Market Opening Bell” and published on April 14, 2014 is yet another important article.
OXBR Company Profile
Oxbridge Re Holdings Limited, incorporated on April 4, 2013, is a specialty property and casualty reinsurer. The Firm provides reinsurance solutions through its subsidiary, Oxbridge Reinsurance Limited. The Firm focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. It owns approximately 100% of the equity interest in Oxbridge Reinsurance Limited (the Subsidiary). The Firm operates through the Subsidiary, which provides collateralized reinsurance to cover excess of loss catastrophe risks of various affiliated and non-affiliated ceding insurers, including Claddaugh Casualty Insurance Company, Ltd. (Claddaugh) and Homeowners Choice Property & Casualty Insurance Company (HCPCI), which are related-party entities domiciled in Bermuda and Florida. It specializes in underwriting medium frequency, high severity risks.
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