GSA Capital Partners LLP grew its position in Maiden Holdings, Ltd. (NASDAQ:MHLD) by 285.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 281,790 shares of the insurance provider’s stock after purchasing an additional 208,700 shares during the quarter. GSA Capital Partners LLP owned about 0.34% of Maiden worth $465,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Jefferies Group LLC acquired a new stake in Maiden during the third quarter worth approximately $132,000. Capital Returns Management LLC acquired a new stake in shares of Maiden in the 3rd quarter valued at $1,465,000. Marshall Wace LLP boosted its holdings in shares of Maiden by 3,571.9% in the 3rd quarter. Marshall Wace LLP now owns 375,264 shares of the insurance provider’s stock valued at $1,070,000 after purchasing an additional 365,044 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Maiden by 25.4% in the 3rd quarter. Alliancebernstein L.P. now owns 108,095 shares of the insurance provider’s stock valued at $308,000 after purchasing an additional 21,900 shares in the last quarter. Finally, Matarin Capital Management LLC acquired a new stake in shares of Maiden in the 3rd quarter valued at $2,125,000. 51.49% of the stock is currently owned by institutional investors and hedge funds.
Separately, B. Riley reduced their target price on Maiden from $2.50 to $1.00 and set a “neutral” rating on the stock in a report on Tuesday, March 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $4.50.
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Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers in the United States, Europe, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The Diversified Reinsurance segment offers property and casualty reinsurance, including the writing of treaties on a quota share or excess of loss basis; and facultative risks, which are marketed through third-party intermediaries and on a direct basis.
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