SG Americas Securities LLC Acquires 17,017 Shares of Maiden Holdings, Ltd. (NASDAQ:MHLD)

SG Americas Securities LLC increased its holdings in shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) by 58.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,096 shares of the insurance provider’s stock after purchasing an additional 17,017 shares during the period. SG Americas Securities LLC’s holdings in Maiden were worth $78,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Sanctuary Advisors LLC acquired a new position in shares of Maiden during the 2nd quarter worth approximately $369,000. JPMorgan Chase & Co. lifted its position in shares of Maiden by 244.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 135,152 shares of the insurance provider’s stock valued at $239,000 after acquiring an additional 95,927 shares during the period. Barclays PLC lifted its position in shares of Maiden by 268.8% during the 3rd quarter. Barclays PLC now owns 115,740 shares of the insurance provider’s stock valued at $205,000 after acquiring an additional 84,359 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of Maiden during the 3rd quarter valued at $114,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Maiden during the 3rd quarter valued at $66,000. Institutional investors own 21.78% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Maiden from a “sell” rating to a “hold” rating in a report on Wednesday, January 1st.

Maiden Trading Up 7.3 %

Shares of MHLD stock opened at $1.03 on Friday. Maiden Holdings, Ltd. has a 1-year low of $0.83 and a 1-year high of $2.27. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22. The stock has a 50-day moving average of $1.23 and a 200-day moving average of $1.54. The stock has a market cap of $102.30 million, a price-to-earnings ratio of -1.58 and a beta of 1.18.

Maiden (NASDAQ:MHLD) last announced its quarterly earnings results on Tuesday, November 12th. The insurance provider reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $18.28 million during the quarter. Maiden had a negative return on equity of 16.55% and a negative net margin of 71.58%.

Maiden 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.