Bank of New York Mellon Corp Has $588,000 Stock Position in Maiden Holdings, Ltd. (NASDAQ:MHLD)

Bank of New York Mellon Corp lifted its holdings in Maiden Holdings, Ltd. (NASDAQ:MHLD) by 20.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,665 shares of the insurance provider’s stock after acquiring an additional 47,710 shares during the period. Bank of New York Mellon Corp owned approximately 0.29% of Maiden worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Curated Wealth Partners LLC increased its position in Maiden by 200.0% in the 2nd quarter. Curated Wealth Partners LLC now owns 110,000 shares of the insurance provider’s stock valued at $227,000 after buying an additional 220,000 shares in the last quarter. Whitefort Capital Management LP raised its position in shares of Maiden by 4.2% during the first quarter. Whitefort Capital Management LP now owns 2,048,163 shares of the insurance provider’s stock worth $4,608,000 after purchasing an additional 82,368 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Maiden by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 3,044,379 shares of the insurance provider’s stock worth $6,850,000 after purchasing an additional 40,291 shares in the last quarter. RPOA Advisors Inc. bought a new position in shares of Maiden in the 2nd quarter worth $63,000. Finally, BNP Paribas Financial Markets grew its position in Maiden by 48.6% in the 1st quarter. BNP Paribas Financial Markets now owns 44,131 shares of the insurance provider’s stock valued at $99,000 after purchasing an additional 14,425 shares during the period. 21.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Maiden from a “hold” rating to a “sell” rating in a research note on Monday, August 12th.

Maiden Price Performance

Shares of NASDAQ MHLD opened at $1.62 on Tuesday. The stock has a market cap of $162.34 million, a price-to-earnings ratio of -6.23 and a beta of 1.25. Maiden Holdings, Ltd. has a fifty-two week low of $1.19 and a fifty-two week high of $2.55. The firm’s 50-day simple moving average is $1.80 and its 200 day simple moving average is $1.95. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.75 and a current ratio of 0.75.

Maiden (NASDAQ:MHLD) last issued its quarterly earnings results on Thursday, August 8th. The insurance provider reported ($0.11) EPS for the quarter. The business had revenue of $19.03 million for the quarter. Maiden had a negative net margin of 34.06% and a negative return on equity of 14.06%.

Maiden Company Profile

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, 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.