Watford Hldg Ltd (NASDAQ:WTRE) CFO Robert L. Hawley bought 3,846 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The shares were purchased at an average cost of $25.53 per share, for a total transaction of $98,188.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
WTRE stock traded down $0.28 during mid-day trading on Friday, reaching $25.33. The company had a trading volume of 72,068 shares, compared to its average volume of 68,043. Watford Hldg Ltd has a fifty-two week low of $23.70 and a fifty-two week high of $28.94.
Watford (NASDAQ:WTRE) last posted its quarterly earnings results on Tuesday, April 30th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.72 by ($1.62). The business had revenue of $205.04 million during the quarter. Equities analysts forecast that Watford Hldg Ltd will post 4.28 EPS for the current fiscal year.
A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. assumed coverage on Watford in a research report on Tuesday, April 23rd. They issued a “neutral” rating and a $30.00 price target on the stock. Barclays assumed coverage on Watford in a research report on Monday, April 22nd. They issued an “equal weight” rating and a $29.00 price target on the stock. Keefe, Bruyette & Woods assumed coverage on Watford in a research report on Sunday, May 12th. They issued a “market perform” rating and a $25.00 price target on the stock. Finally, JMP Securities assumed coverage on Watford in a research report on Thursday. They issued an “outperform” rating and a $33.00 price target on the stock.
A number of hedge funds have recently bought and sold shares of WTRE. Element Pointe Advisors LLC acquired a new stake in Watford in the 1st quarter valued at about $3,344,000. Blackstone Group L.P. acquired a new stake in Watford in the 1st quarter valued at about $1,605,000. JPMorgan Chase & Co. acquired a new stake in Watford in the 1st quarter valued at about $1,471,000. First Republic Investment Management Inc. acquired a new stake in Watford in the 1st quarter valued at about $334,000. Finally, Price Wealth Management Inc. acquired a new stake in Watford in the 1st quarter valued at about $334,000. 0.94% of the stock is currently owned by 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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