Third Point Reinsurance LTD.HARES (NYSE:TPRE) Sellers Rose By 45.29% Their Shorts As Of Jun 27, 2018

June 27, 2018 - By Ira Colvard

Big Money Sentiment decreased to 1.34 in 2018 Q1. It has change of 1.92, from 2017Q4’s 3.26. The ratio fall due to Third Point Reinsurance Ltd. positioning: 16 sold and 43 reduced. 19 funds took stakes and 60 increased stakes. Investors holded 151.48 million in 2017Q4 but now own 70.59 million shares or 53.40% less.
Wells Fargo & Mn reported 951,485 shs. 2.85 million are owned by Dimensional Fund L P. 148 are owned by Meeder Asset. Barrow Hanley Mewhinney And Strauss Ltd Llc has 0% invested in Third Point Reinsurance Ltd. (NYSE:TPRE) for 997 shs. Ameritas Inv Prns reported 8,041 shs. Goldman Sachs Gp owns 283,684 shs for 0% of their capital. Renaissance Technology Ltd stated it has 0% in Third Point Reinsurance Ltd. (NYSE:TPRE). Northern owns 1.11 million shs. Wedge Management L Limited Partnership Nc holds 26,405 shs or 0% of its capital. Deutsche Bancorporation Ag has invested 0% in Third Point Reinsurance Ltd. (NYSE:TPRE). California State Teachers Retirement System stated it has 0% in Third Point Reinsurance Ltd. (NYSE:TPRE). Geode Capital owns 741,712 shs or 0% of their US capital. 11,402 were reported by Peak6 Investments L P. Cornercap Investment Counsel Incorporated accumulated 49,105 shs or 0.1% of the stock. 154,100 are owned by Hbk Investments L P.

Third Point Reinsurance Ltd. had 1 sale and 0 insider purchases since March 20, 2018. This’s net activity of $1.47 million.

Third Point Reinsurance LTD.HARES (NYSE:TPRE) had an increase of its short interest by 45.29%. FINRA issued short interest of TPRE’s total 1.36M shares. That’s 45.29% up from 933,000 shares. With Average volume 328,500, TPRE’s former position will take 4 days to restore. Third Point Reinsurance LTD.HARES’s short interest float is 1.63%.

TPRE is reaching $12.85 during the last trading session, after decreased 2.28%.Currently Third Point Reinsurance Ltd. is uptrending after 4.33% change in last June 27, 2017. TPRE has also 421,819 shares volume. The stock underperformed the S&P 500 by 8.24%.

Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies in the Americas, Europe, the Middle East, Africa, and Asia.The company has $1.31 billion market cap. The firm underwrites property, workers compensation, personal automobile, general and professional liability, insurance, extended warranty insurance, and multi-line reinsurance products.9.09 is the P/E ratio.

Third Point Reinsurance Ltd. (NYSE:TPRE) Ratings Coverage

In total 3 analysts cover Third Point Reinsurance (NYSE:TPRE). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $17 highest and $1600 lowest PT Third Point Reinsurance has $16.50 average PT or 28.40% above the current ($12.85) price. 3 are the (NYSE:TPRE)’s analyst reports since April 3, 2018 according to StockzIntelligence Inc. On Thursday, May 10 the stock of Third Point Reinsurance Ltd. (NYSE:TPRE) earned “Buy” rating by Keefe Bruyette & Woods. On Tuesday, April 3 Bank of America maintained Third Point Reinsurance Ltd. (NYSE:TPRE) with “Buy” rating. On Friday, May 11 the stock of Third Point Reinsurance Ltd. (NYSE:TPRE) earned “Outperform” rating by Wood.

There’s an important Third Point Reinsurance Ltd. (NYSE:TPRE) news released by Globenewswire.com. It’s an item titled: “Research Report Identifies Ballard Power, Melco Resorts & Entertainment, CyberArk Software, Third Point Reinsurance …” on June 04, 2018.

Third Point Reinsurance Ltd. (NYSE:TPRE) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.