Rhumbline Advisers Has $156,000 Position in Maiden Holdings, Ltd. (NASDAQ:MHLD)

Rhumbline Advisers lessened its position in Maiden Holdings, Ltd. (NASDAQ:MHLD) by 17.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,216 shares of the insurance provider’s stock after selling 19,706 shares during the quarter. Rhumbline Advisers’ holdings in Maiden were worth $156,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MHLD. The Manufacturers Life Insurance Company acquired a new stake in Maiden in the 3rd quarter valued at approximately $66,000. SG Americas Securities LLC raised its position in Maiden by 58.5% in the 4th quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider’s stock valued at $78,000 after buying an additional 17,017 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Maiden in the 3rd quarter valued at approximately $114,000. Barclays PLC raised its position in Maiden by 268.8% in the 3rd quarter. Barclays PLC now owns 115,740 shares of the insurance provider’s stock valued at $205,000 after buying an additional 84,359 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Maiden by 244.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 135,152 shares of the insurance provider’s stock valued at $239,000 after buying an additional 95,927 shares during the last quarter. Institutional investors and hedge funds 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 research report on Wednesday, January 1st.

Maiden Stock Down 7.8 %

NASDAQ:MHLD opened at $0.74 on Tuesday. The firm has a market capitalization of $73.00 million, a price-to-earnings ratio of -1.13 and a beta of 1.29. Maiden Holdings, Ltd. has a twelve month low of $0.73 and a twelve month high of $2.27. The stock’s 50 day moving average price is $1.05 and its two-hundred day moving average price is $1.42. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.22.

Maiden (NASDAQ:MHLD) last posted its quarterly earnings results on Monday, March 10th. The insurance provider reported ($1.53) earnings per share for 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.