WealthTrust Axiom LLC continued to hold its stake in shares of Maiden Holdings Ltd. (NASDAQ:MHLD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,000 shares of the company’s stock at the end of the second quarter. WealthTrust Axiom LLC’s holdings in Maiden Holdings were worth $306,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Maiden Holdings during the fourth quarter worth about $16,933,000. Aperio Group LLC raised its stake in shares of Maiden Holdings by 6.7% in the first quarter. Aperio Group LLC now owns 174,221 shares of the company’s stock worth $2,254,000 after buying an additional 10,882 shares during the period. BTC Capital Management Inc. raised its stake in shares of Maiden Holdings by 10.2% in the first quarter. BTC Capital Management Inc. now owns 43,356 shares of the company’s stock worth $562,000 after buying an additional 4,024 shares during the period. Prudential Financial Inc. raised its stake in shares of Maiden Holdings by 16.8% in the first quarter. Prudential Financial Inc. now owns 144,944 shares of the company’s stock worth $1,876,000 after buying an additional 20,900 shares during the period. Finally, NN Investment Partners Holdings N.V. bought a new stake in shares of Maiden Holdings during the first quarter worth about $265,000. Institutional investors and hedge funds own 70.31% of the company’s stock.
Maiden Holdings Ltd. (NASDAQ:MHLD) traded down 2.47% during trading on Monday, reaching $12.65. 326,656 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $13.64 and its 200-day moving average price is $12.99. Maiden Holdings Ltd. has a 52-week low of $11.14 and a 52-week high of $16.10. The company has a market capitalization of $936.32 million, a price-to-earnings ratio of 9.27 and a beta of 1.16.
Maiden Holdings (NASDAQ:MHLD) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.01. Maiden Holdings had a net margin of 5.14% and a return on equity of 13.98%. During the same period in the prior year, the firm posted $0.37 earnings per share. Equities analysts expect that Maiden Holdings Ltd. will post $1.56 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Wednesday, October 5th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, October 3rd. This represents a $0.56 dividend on an annualized basis and a yield of 4.43%. Maiden Holdings’s payout ratio is currently 41.18%.
A number of analysts recently issued reports on MHLD shares. JMP Securities restated a “buy” rating on shares of Maiden Holdings in a research note on Tuesday, June 28th. Zacks Investment Research lowered shares of Maiden Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 12th.
Maiden Holdings Company Profile
Maiden Holdings, Ltd. (Maiden) is a holding company. The Company is focused on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. Maiden operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.
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