Validus Holdings Ltd. (NYSE:VR) Director Jean-Marie Nessi sold 4,883 shares of Validus Holdings stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $54.93, for a total transaction of $268,223.19. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of Validus Holdings Ltd. (NYSE:VR) traded down 0.15% during trading on Monday, reaching $54.83. 590,079 shares of the company were exchanged. The company’s 50-day moving average is $51.88 and its 200 day moving average is $49.64. The firm has a market capitalization of $4.35 billion, a PE ratio of 10.88 and a beta of 0.52. Validus Holdings Ltd. has a 1-year low of $41.73 and a 1-year high of $55.19.
Validus Holdings (NYSE:VR) last posted its quarterly earnings data on Thursday, October 27th. The company reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.21. Validus Holdings had a net margin of 17.54% and a return on equity of 9.27%. The company had revenue of $327.40 million for the quarter, compared to analyst estimates of $593.74 million. During the same period in the prior year, the company posted $0.86 EPS. The firm’s revenue for the quarter was down 7.4% on a year-over-year basis. Equities research analysts expect that Validus Holdings Ltd. will post $3.88 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Thursday, December 15th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Tuesday, December 13th. Validus Holdings’s dividend payout ratio (DPR) is currently 27.78%.
Separately, Zacks Investment Research lowered shares of Validus Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, October 18th.
Hedge funds have recently bought and sold shares of the company. New York State Teachers Retirement System bought a new position in shares of Validus Holdings during the second quarter worth approximately $355,000. Robeco Institutional Asset Management B.V. increased its position in shares of Validus Holdings by 6.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,521,517 shares of the company’s stock worth $73,925,000 after buying an additional 92,831 shares in the last quarter. Parametrica Management Ltd bought a new position in shares of Validus Holdings during the second quarter worth approximately $228,000. First Quadrant L P CA increased its position in shares of Validus Holdings by 313.3% in the second quarter. First Quadrant L P CA now owns 173,604 shares of the company’s stock worth $8,435,000 after buying an additional 131,604 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Validus Holdings by 479.6% in the second quarter. Acadian Asset Management LLC now owns 23,093 shares of the company’s stock worth $1,122,000 after buying an additional 19,109 shares in the last quarter. 90.57% of the stock is currently owned by institutional investors.
Validus Holdings Company Profile