Latest Stocks: James River Group Holdings Ltd (JRVR) Shares Bought by Teachers Advisors LLC

Latest Stocks: James River Group Holdings Ltd (JRVR) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC increased its stake in shares of James River Group Holdings Ltd (NASDAQ:JRVR) by 3.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,882 shares of the insurance provider’s stock after buying an additional 665 shares during the period. Teachers Advisors LLC owned approximately 0.08% of James River Group Holdings worth $951,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Frontier Capital Management Co. LLC boosted its position in James River Group Holdings by 5.9% in the fourth quarter. Frontier Capital Management Co. LLC now owns 1,465,624 shares of the insurance provider’s stock valued at $60,897,000 after buying an additional 81,268 shares in the last quarter. State Street Corp boosted its position in James River Group Holdings by 11.6% in the fourth quarter. State Street Corp now owns 255,168 shares of the insurance provider’s stock valued at $10,602,000 after buying an additional 26,549 shares in the last quarter. RK Capital Management LLC bought a new position in James River Group Holdings during the fourth quarter valued at $9,388,000. Dimensional Fund Advisors LP boosted its position in James River Group Holdings by 118.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 197,699 shares of the insurance provider’s stock valued at $8,214,000 after buying an additional 107,153 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in James River Group Holdings by 17.9% in the fourth quarter. Renaissance Technologies LLC now owns 118,400 shares of the insurance provider’s stock valued at $4,920,000 after buying an additional 18,000 shares in the last quarter. 97.30% of the stock is currently owned by hedge funds and other institutional investors.

James River Group Holdings Ltd (NASDAQ JRVR) opened at 39.56 on Tuesday. James River Group Holdings Ltd has a 12 month low of $31.77 and a 12 month high of $46.20. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 14.83 and a beta of 0.54. The firm’s 50 day moving average is $41.55 and its 200-day moving average is $41.18.

James River Group Holdings (NASDAQ:JRVR) last announced its quarterly earnings results on Wednesday, May 3rd. The insurance provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $154.06 million. James River Group Holdings had a net margin of 11.34% and a return on equity of 9.22%. The business’s quarterly revenue was up 34.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. On average, equities analysts forecast that James River Group Holdings Ltd will post $2.53 EPS for the current year. The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Monday, June 12th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, June 8th. James River Group Holdings’s payout ratio is presently 58.25%.

James River Group Holdings (NASDAQ:JRVR) last announced its quarterly earnings results on Wednesday, May 3rd. The insurance provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $154.06 million. James River Group Holdings had a net margin of 11.34% and a return on equity of 9.22%. The business’s quarterly revenue was up 34.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. On average, equities analysts forecast that James River Group Holdings Ltd will post $2.53 EPS for the current year. JRVR has been the topic of several research analyst reports. Zacks Investment Research cut shares of James River Group Holdings from a “buy” rating to a “hold” rating in a report on Friday, May 26th. BMO Capital Markets increased their price target on shares of James River Group Holdings to $52.00 and gave the company an “outperform” rating in a report on Tuesday, February 21st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. James River Group Holdings presently has a consensus rating of “Buy” and a consensus target price of $44.75.

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