Third Point Reinsurance (TPRE) Earning Somewhat Positive News Coverage, Analysis Finds

James Marshall
December 17, 2017

Ubs Asset Management Americas has 0% invested in Third Point Reinsurance Ltd. (NYSE:TPRE) for 23,700 shares. Steadfast Capital Management Lp bought 1.20 million shares as the company's stock rose 20.05% with the market. Third Pt Reins Ltd now has $1.63 billion valuation. The stock increased 2.71% or $0.4 during the last trading session, reaching $15.15. About 446,275 shares traded. It has underperformed by 6.54% the S&P500.

Robert Pitts increased its stake in Koninklijke Philips N V (PHG) by 163.5% based on its latest 2017Q2 regulatory filing with the SEC. Wedge Cap L L P Nc stated it has 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Ruane Cunniff & Goldfarb Inc invested in 0.39% or 3.03M shares. The stock increased 0.50% or $0.19 during the last trading session, reaching $38.42. About 39,940 shares traded. Commercial Vehicle Group, Inc. French Connection Group plc (LON:FCCN) has 0.00% since December 15, 2016 and is. It has outperformed by 67.37% the S&P500.

Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.22, from 2.46 in 2017Q1. It is positive, as 9 investors sold TPRE shares while 19 reduced holdings. 132 funds opened positions while 703 raised stakes. Millennium Ltd Liability has invested 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Schwab Charles Invest Management holds 0% or 291,608 shares in its portfolio. Third Point Reinsurance Ltd. (NYSE:TPRE) has risen 10.16% since December 15, 2016 and is uptrending.

Chicago Equity Limited has 0.15% invested in Third Point Reinsurance Ltd. (NYSE:TPRE) for 391,720 shares.

COPYRIGHT VIOLATION WARNING: "Third Point Reinsurance (TPRE) Earning Somewhat Positive News Coverage, Analysis Finds" was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. It also reduced its holding in Rice Energy Inc (NYSE:RICE) by 2.41 million shares in the quarter, leaving it with 2.46 million shares, and cut its stake in Facebook Inc (NASDAQ:FB). Legal General Grp Public Ltd Liability Company holds 25,173 shares or 0% of its portfolio. Accern also assigned news articles about the insurance provider an impact score of 45.7097288099209 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Tower Capital Limited Liability Corporation (Trc) invested in 0% or 2,100 shares.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. After $0.52 actual earnings per share reported by Third Point Reinsurance Ltd. for the previous quarter, Wall Street now forecasts -9.62 % negative EPS growth. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. Third Point Reinsurance had 13 analyst reports since August 7, 2015 according to SRatingsIntel. They expect $0.47 earnings per share, up 204.44 % or $0.92 from last year's $-0.45 per share. GE's profit will be $2.43 billion for 15.91 P/E if the $0.28 EPS becomes a reality. Sg Americas Securities Lc stated it has 0% in Third Point Reinsurance Ltd. (NYSE:TPRE). The stock of Third Point Reinsurance Ltd. (NYSE:TPRE) earned "Outperform" rating by Keefe Bruyette & Woods on Monday, May 8. Therefore 20% are positive. Tesla Motors Inc had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Thursday, August 3. The firm has "Hold" rating by Keefe Bruyette & Woods given on Monday, December 4. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) rating on Tuesday, October 10. Wood maintained the shares of TPRE in report on Thursday, October 1 with "Market Perform" rating. The rating was maintained by Piper Jaffray with "Buy" on Friday, October 27. On Monday, October 16 the stock rating was downgraded by Keefe Bruyette & Woods to "Hold". The company was upgraded on Monday, May 8 by Keefe Bruyette & Woods. The firm has "Equal-Weight" rating by Morgan Stanley given on Friday, November 10. The firm has "Outperform" rating by Keefe Bruyette & Woods given on Monday, May 8. Axa owns 3.56 million shares.

Analysts await Commercial Vehicle Group, Inc. Wells Fargo Mn accumulated 81,815 shares.

Investors sentiment increased to 1.27 in 2017 Q2. Its up 1.28, from 1.18 in 2017Q1. Shares for $63,165 were sold by PYLE THOMAS F JR. 111 funds opened positions while 197 raised stakes. Cornercap Investment Counsel Incorporated reported 0.14% of its portfolio in Commercial Vehicle Group, Inc. California State Teachers Retirement owns 0.18% invested in Tesla, Inc. (NASDAQ:TSLA) for 61 shares. Caledonia Invs Pcl invested in 13.14% or 673,000 shares. Citadel Advsr accumulated 275,644 shares. Parametric Limited Co has invested 0% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Strs Ohio holds 0% of its portfolio in Commercial Vehicle Group, Inc. (NASDAQ:TSLA) for 239,665 shares. Smith Asset Gru LP owns 45,960 shares. Bancorporation Of New York Mellon holds 0% in Third Point Reinsurance Ltd. (NYSE:TPRE) or 291,820 shares. Arcadia Investment Management Mi reported 0.2% stake. Page Arthur B owns 55,062 shares or 1.3% of their U.S. portfolio. Lucas Cap Management reported 6,300 shares or 0.31% of all its holdings.

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