Watford Hldg Ltd (NASDAQ:WTRE) CFO Robert L. Hawley acquired 2,435 shares of Watford stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average price of $22.93 per share, with a total value of $55,834.55.
NASDAQ:WTRE opened at $22.93 on Friday. Watford Hldg Ltd has a 12-month low of $18.75 and a 12-month high of $28.99. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.29 and a current ratio of 0.29. The business has a 50 day simple moving average of $24.19 and a 200 day simple moving average of $25.25.
Watford (NASDAQ:WTRE) last released its quarterly earnings data on Tuesday, February 11th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.26) by ($0.53). The company had revenue of $166.10 million for the quarter. Watford had a negative net margin of 2.81% and a negative return on equity of 1.82%. On average, equities research analysts predict that Watford Hldg Ltd will post 2.47 EPS for the current year.
A number of research firms recently issued reports on WTRE. Zacks Investment Research upgraded Watford from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Wednesday, January 1st. Morgan Stanley began coverage on Watford in a research report on Wednesday, November 6th. They set an “equal weight” rating and a $28.00 price objective for the company. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Watford has a consensus rating of “Hold” and an average target price of $28.83.
A number of institutional investors have recently made changes to their positions in WTRE. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Watford during the 4th quarter valued at $33,000. Bank of Montreal Can raised its stake in Watford by 35.8% during the 4th quarter. Bank of Montreal Can now owns 2,415 shares of the company’s stock valued at $61,000 after acquiring an additional 637 shares in the last quarter. Quantbot Technologies LP bought a new stake in Watford during the 4th quarter valued at $90,000. Citigroup Inc. raised its stake in Watford by 667.9% during the 4th quarter. Citigroup Inc. now owns 3,901 shares of the company’s stock valued at $98,000 after acquiring an additional 3,393 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Watford during the 3rd quarter valued at $104,000. 18.79% of the stock is currently owned by hedge funds and other institutional investors.
Watford Company Profile
Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.
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