James Riv Group LTD (JRVR) Shareholder D-E Shaw & Company INC Has Lowered Position

December 20, 2017 - By Marry Poplack

Investors sentiment increased to 3.06 in Q2 2017. Its up 1.11, from 1.95 in 2017Q1. It improved, as 13 investors sold JRVR shares while 21 reduced holdings. 32 funds opened positions while 72 raised stakes. 53.22 million shares or 96.35% more from 27.10 million shares in 2017Q1 were reported. Wellington Grp Ltd Liability Partnership invested 0.01% of its portfolio in James River Group Holdings, Ltd. (NASDAQ:JRVR). 14,836 were accumulated by One Natl Association. Globeflex Capital Lp accumulated 10,372 shares. Jefferies Limited Liability Com reported 7,615 shares or 0% of all its holdings. Us Bank & Trust De stated it has 2,220 shares. Moreover, Nationwide Fund Advsr has 0.01% invested in James River Group Holdings, Ltd. (NASDAQ:JRVR). Balyasny Asset Management Lc reported 23,936 shares. Fmr Lc has 2.65 million shares for 0.01% of their portfolio. Strs Ohio has 0% invested in James River Group Holdings, Ltd. (NASDAQ:JRVR) for 19,100 shares. Sei Invs reported 19,003 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in James River Group Holdings, Ltd. (NASDAQ:JRVR) for 1,458 shares. Brinker accumulated 0.03% or 16,283 shares. Picton Mahoney Asset, Ontario – Canada-based fund reported 45,100 shares. New York-based Laurion Mngmt LP has invested 0.04% in James River Group Holdings, Ltd. (NASDAQ:JRVR). Qs Investors Ltd Liability Corp invested in 0% or 5,949 shares.

David Shaw decreased its stake in James Riv Group Ltd (JRVR) by 40.1% based on its latest 2017Q2 regulatory filing with the SEC. D-E Shaw & Company Inc sold 4.25 million shares as the company’s stock declined 8.95% while stock markets rallied. The hedge fund run by David Shaw held 6.35M shares of the finance company at the end of 2017Q2, valued at $252.18M, down from 10.60 million at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in James Riv Group Ltd for a number of months, seems to be less bullish one the $1.18B market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $39.67. About 182,258 shares traded. James River Group Holdings, Ltd. (NASDAQ:JRVR) has risen 33.65% since December 20, 2016 and is uptrending. It has outperformed by 16.95% the S&P500.

D-E Shaw & Company Inc, which manages about $81.36B and $60.46B US Long portfolio, upped its stake in Signet Jewelers Limited (NYSE:SIG) by 58,086 shares to 88,086 shares, valued at $5.57 million in 2017Q2, according to the filing. It also increased its holding in Urban Outfitters Inc (Put) (NASDAQ:URBN) by 260,400 shares in the quarter, for a total of 465,200 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Analysts await James River Group Holdings, Ltd. (NASDAQ:JRVR) to report earnings on February, 21. They expect $0.75 earnings per share, down 2.60 % or $0.02 from last year’s $0.77 per share. JRVR’s profit will be $22.21 million for 13.22 P/E if the $0.75 EPS becomes a reality. After $0.36 actual earnings per share reported by James River Group Holdings, Ltd. for the previous quarter, Wall Street now forecasts 108.33 % EPS growth.

More news for James River Group Holdings, Ltd. (NASDAQ:JRVR) were recently published by: Seekingalpha.com, which released: “James River Group Holdings’ (JRVR) CEO Adam Abram on Q2 2017 Results …” on August 02, 2017. Nasdaq.com‘s article titled: “Oversold Conditions For James River Group Holdings (JRVR)” and published on November 09, 2017 is yet another important article.

James River Group Holdings, Ltd. (NASDAQ:JRVR) Ratings Coverage

Among 4 analysts covering James River Group Holdings Ltd (NASDAQ:JRVR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. James River Group Holdings Ltd has $47.0 highest and $31 lowest target. $39.71’s average target is 0.10% above currents $39.67 stock price. James River Group Holdings Ltd had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 10 by Zacks. Keefe Bruyette & Woods maintained the shares of JRVR in report on Thursday, August 17 with “Hold” rating. The stock has “Buy” rating by FBR Capital on Wednesday, May 31. FBR Capital maintained James River Group Holdings, Ltd. (NASDAQ:JRVR) on Tuesday, November 14 with “Buy” rating. The stock of James River Group Holdings, Ltd. (NASDAQ:JRVR) earned “Hold” rating by Keefe Bruyette & Woods on Monday, December 4. Keefe Bruyette & Woods downgraded James River Group Holdings, Ltd. (NASDAQ:JRVR) on Monday, November 14 to “Mkt Perform” rating. The stock of James River Group Holdings, Ltd. (NASDAQ:JRVR) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, September 20. The stock has “Outperform” rating by BMO Capital Markets on Monday, November 23. FBR Capital maintained James River Group Holdings, Ltd. (NASDAQ:JRVR) rating on Tuesday, October 4. FBR Capital has “Outperform” rating and $40 target. The rating was initiated by JMP Securities with “Buy” on Tuesday, October 17.

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