Blue Capital Reinsurance Holdings Ltd. (BCRH) on Focus After Trading At 52-Week Lows

December 13, 2017 - By Richard Conner

Investors sentiment decreased to 1.56 in 2017 Q2. Its down 0.73, from 2.29 in 2017Q1. It turned negative, as 4 investors sold Blue Capital Reinsurance Holdings Ltd. shares while 14 reduced holdings. 6 funds opened positions while 22 raised stakes. 3.47 million shares or 0.90% more from 3.44 million shares in 2017Q1 were reported.
Ny State Common Retirement Fund has invested 0% in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH). Renaissance Technology Limited Liability Co reported 139,123 shares stake. Us Comml Bank De holds 7,400 shares. Fca Corp Tx accumulated 14,000 shares or 0.11% of the stock. 50,600 are held by Wedge Cap Management L L P Nc. California Employees Retirement, California-based fund reported 18,700 shares. Bessemer Grp Inc Inc has 0% invested in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) for 18,500 shares. Moreover, Tower Cap Limited Co (Trc) has 0% invested in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH). Invesco Ltd owns 13,361 shares. Foundry Prtn Llc reported 55,925 shares. Lsv Asset owns 0% invested in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) for 110,977 shares. Tiaa Cref Investment Mngmt Ltd Limited Liability Company holds 16,058 shares. Aberdeen Asset Mngmt Public Ltd Liability Company Uk reported 0.03% in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH). Pnc Service Grp has invested 0% in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH). Wells Fargo And Co Mn holds 0% in Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) or 23,023 shares.

The stock of Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) hit a new 52-week low and has $11.01 target or 9.00 % below today’s $12.10 share price. The 5 months bearish chart indicates high risk for the $106.01M company. The 1-year low was reported on Dec, 13 by Barchart.com. If the $11.01 price target is reached, the company will be worth $9.54M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

It closed at $12.1 lastly. It is up 7.23% since December 13, 2016 and is uptrending. It has underperformed by 9.47% the S&P500.

Analysts await Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) to report earnings on February, 7. They expect $0.53 earnings per share, up 15.22 % or $0.07 from last year’s $0.46 per share. BCRH’s profit will be $4.64M for 5.71 P/E if the $0.53 EPS becomes a reality. After $-5.93 actual earnings per share reported by Blue Capital Reinsurance Holdings Ltd. for the previous quarter, Wall Street now forecasts -108.94 % EPS growth.

Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) Ratings Coverage

Among 3 analysts covering Blue Capital Reinsurance (NYSE:BCRH), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Blue Capital Reinsurance had 5 analyst reports since February 4, 2016 according to SRatingsIntel. The company was downgraded on Friday, October 13 by Raymond James. The rating was downgraded by Raymond James to “Mkt Perform” on Wednesday, October 19. The rating was downgraded by Deutsche Bank on Monday, October 16 to “Hold”. UBS downgraded the stock to “Sell” rating in Wednesday, November 23 report.

More notable recent Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) news were published by: Seekingalpha.com which released: “Harvey Creates Buying Opportunity In Unexposed Reinsurer” on August 31, 2017, also Seekingalpha.com with their article: “Blue Capital Reinsurance Holdings: Making 10% And Even More Per Year By …” published on November 22, 2017, Reuters.com published: “BRIEF-Adam Szakmary advised Blue Capital Reinsurance Holdings Ltd of his …” on April 25, 2017. More interesting news about Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) were released by: Nasdaq.com and their article: “Should You Get Rid of Blue Capital Reinsurance (BCRH) Now?” published on September 13, 2017 as well as Nasdaq.com‘s news article titled: “Blue Capital Reinsurance Holdings Ltd. (BCRH) Ex-Dividend Date Scheduled for …” with publication date: September 27, 2017.

Blue Capital Reinsurance Holdings Ltd., through its subsidiaries, provides collateralized reinsurance in the property catastrophe market. The company has market cap of $106.01 million.

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