James River Group Holdings, Ltd. $JRVR Position Increased by Boston Partners

Boston Partners increased its stake in James River Group Holdings, Ltd. by 34% in Q2, owning 1.49% of the company worth $4,018,000. Other institutional investors also adjusted their positions. Analysts have mixed ratings on JRVR, with an average rating of 'Hold' and a price target of $6.06. The stock's recent performance includes a quarterly earnings report with $0.32 EPS and a quarterly dividend of $0.01 per share.

Boston Partners boosted its position in shares of James River Group Holdings, Ltd. (NASDAQ:JRVR - Free Report) by 34.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 685,597 shares of the insurance provider's stock after purchasing an additional 173,981 shares during the period. Boston Partners owned 1.49% of James River Group worth $4,018,000 at the end of the most recent reporting period.

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Several other institutional investors have also made changes to their positions in JRVR. Deutsche Bank AG bought a new position in James River Group during the first quarter valued at approximately $25,000. Brandywine Global Investment Management LLC acquired a new stake in shares of James River Group in the 2nd quarter valued at $99,000. Jane Street Group LLC boosted its holdings in James River Group by 13.0% in the first quarter. Jane Street Group LLC now owns 25,297 shares of the insurance provider's stock worth $106,000 after purchasing an additional 2,918 shares in the last quarter. FNY Investment Advisers LLC increased its position in James River Group by 70.2% during the second quarter. FNY Investment Advisers LLC now owns 41,713 shares of the insurance provider's stock worth $244,000 after buying an additional 17,208 shares during the last quarter. Finally, Interval Partners LP bought a new position in James River Group during the first quarter valued at about $275,000. 95.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on JRVR. Wall Street Zen upgraded James River Group from a "hold" rating to a "buy" rating in a research note on Saturday, November 15th. Zacks Research raised James River Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of James River Group in a research report on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $6.06.

James River Group Stock is Worth Taking a Closer Look

Read Our Latest Stock Report on JRVR

James River Group Stock Performance

JRVR opened at $5.88 on Friday. The stock's 50 day simple moving average is $5.49 and its 200-day simple moving average is $5.58. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.45. The stock has a market cap of $270.30 million, a PE ratio of -2.83 and a beta of 0.03. James River Group Holdings, Ltd. has a 1 year low of $3.00 and a 1 year high of $6.27.

James River Group (NASDAQ:JRVR - Get Free Report) last posted its quarterly earnings results on Monday, November 3rd. The insurance provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.06. James River Group had a negative net margin of 7.64% and a positive return on equity of 7.11%. The firm had revenue of $172.74 million for the quarter, compared to the consensus estimate of $179.21 million. Sell-side analysts forecast that James River Group Holdings, Ltd. will post -0.35 EPS for the current year.

James River Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a dividend of $0.01 per share. The ex-dividend date is Monday, December 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.7%. James River Group's dividend payout ratio (DPR) is currently -1.92%.

James River Group Company Profile

(Free Report)

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance in the United States Puerto Rice, and the United States Virgin Islands.

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