Charles Schwab Investment Management Inc. Has $460,000 Position in Maiden Holdings, Ltd. (NASDAQ:MHLD)

Charles Schwab Investment Management Inc. grew its holdings in Maiden Holdings, Ltd. (NASDAQ:MHLD) by 8.2% in the third quarter, Holdings Channel.com reports. The firm owned 260,103 shares of the insurance provider’s stock after purchasing an additional 19,664 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Maiden were worth $460,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in shares of Maiden during the second quarter worth approximately $369,000. Bank of New York Mellon Corp lifted its position in Maiden by 20.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 285,665 shares of the insurance provider’s stock worth $588,000 after buying an additional 47,710 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in Maiden by 98.4% in the 3rd quarter. SG Americas Securities LLC now owns 29,079 shares of the insurance provider’s stock worth $51,000 after buying an additional 14,422 shares in the last quarter. Institutional investors and hedge funds own 21.78% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Maiden from a “sell” rating to a “hold” rating in a report on Monday.

Maiden Stock Performance

Shares of NASDAQ MHLD opened at $1.48 on Friday. Maiden Holdings, Ltd. has a one year low of $1.19 and a one year high of $2.52. The business’s 50-day moving average price is $1.62 and its two-hundred day moving average price is $1.77. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $147.00 million, a P/E ratio of -2.28 and a beta of 1.22.

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

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.