Bank of New York Mellon Corp trimmed its holdings in Maiden Holdings, Ltd. (NASDAQ:MHLD – Free Report) by 4.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 257,886 shares of the insurance provider’s stock after selling 12,557 shares during the quarter. Bank of New York Mellon Corp’s holdings in Maiden were worth $454,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. increased its stake in shares of Maiden by 357.9% during the second quarter. BlackRock Inc. now owns 4,424,863 shares of the insurance provider’s stock worth $9,292,000 after acquiring an additional 3,458,614 shares during the period. Vanguard Group Inc. grew its position in Maiden by 0.6% during the third quarter. Vanguard Group Inc. now owns 2,954,344 shares of the insurance provider’s stock worth $6,352,000 after buying an additional 18,701 shares during the period. Geode Capital Management LLC grew its position in shares of Maiden by 158.0% in the second quarter. Geode Capital Management LLC now owns 1,747,993 shares of the insurance provider’s stock valued at $3,671,000 after purchasing an additional 1,070,404 shares during the last quarter. State Street Corp grew its position in shares of Maiden by 413.7% in the second quarter. State Street Corp now owns 1,138,005 shares of the insurance provider’s stock valued at $2,390,000 after purchasing an additional 916,463 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Maiden by 387.7% in the second quarter. Northern Trust Corp now owns 709,741 shares of the insurance provider’s stock valued at $1,490,000 after purchasing an additional 564,215 shares during the last quarter. 20.01% of the stock is owned by hedge funds and other institutional investors.
Maiden Stock Performance
Shares of MHLD opened at $1.86 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $187.75 million, a price-to-earnings ratio of 7.44 and a beta of 1.30. The company’s 50 day simple moving average is $2.04 and its 200 day simple moving average is $1.86. Maiden Holdings, Ltd. has a 1 year low of $1.49 and a 1 year high of $2.60.
Wall Street Analyst Weigh In
Maiden Company Profile
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.
- Five stocks we like better than Maiden
- The 3 Best Blue-Chip Stocks to Buy Now
- 3 attractive stocks that insiders are buying
- Are Penny Stocks a Good Fit for Your Portfolio?
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- NYSE Stocks Give Investors a Variety of Quality Options
- Wendy’s vs Shake Shack: Out with the new, in with the old?
Receive News & Ratings for Maiden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maiden and related companies with MarketBeat.com's FREE daily email newsletter.