Jackson Rivers Co (NASDAQ:JRVR) Institutional Investors Sentiment Worsens in Q3 2018

Sentiment for Jackson Rivers Co (NASDAQ:JRVR)

Jackson Rivers Co (NASDAQ:JRVR) institutional sentiment decreased to 1.33 in Q3 2018. Its down -0.42, from 1.75 in 2018Q2. The ratio is negative, as 73 hedge funds increased and opened new positions, while 55 sold and reduced stock positions in Jackson Rivers Co. The hedge funds in our partner’s database now have: 29.03 million shares, down from 29.46 million shares in 2018Q2. Also, the number of hedge funds holding Jackson Rivers Co in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 10 Reduced: 45 Increased: 47 New Position: 26.

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. The company has market cap of $1.08 billion. It operates in four divisions: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. It has a 20.78 P/E ratio. The Excess and Surplus Lines segment underwrites property and liability insurance on an excess and surplus commercial lines basis in all states and the District of Columbia.

The stock increased 0.06% or $0.02 during the last trading session, reaching $35.95. About 10,762 shares traded. James River Group Holdings, Ltd. (NASDAQ:JRVR) has declined 3.02% since January 14, 2018 and is downtrending. It has underperformed by 3.02% the S&P500.

Analysts await James River Group Holdings, Ltd. (NASDAQ:JRVR) to report earnings on February, 28. They expect $0.65 earnings per share, up 400.00 % or $0.52 from last year’s $0.13 per share. JRVR’s profit will be $19.47M for 13.83 P/E if the $0.65 EPS becomes a reality. After $0.64 actual earnings per share reported by James River Group Holdings, Ltd. for the previous quarter, Wall Street now forecasts 1.56 % EPS growth.

Monarch Partners Asset Management Llc holds 1.62% of its portfolio in James River Group Holdings, Ltd. for 417,981 shares. Philadelphia Financial Management Of San Francisco Llc owns 208,258 shares or 1.51% of their US portfolio. Moreover, Deprince Race & Zollo Inc has 1.16% invested in the company for 1.22 million shares. The Wisconsin-based Cortina Asset Management Llc has invested 0.81% in the stock. Frontier Capital Management Co Llc, a Massachusetts-based fund reported 1.49 million shares.

James River Group Holdings, Ltd. (NASDAQ:JRVR) Ratings Coverage

Ratings analysis reveals 0 of James River Group Hldgs’s analysts are positive. Out of 2 Wall Street analysts rating James River Group Hldgs, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $38 while the high is $40. The stock’s average target of $39 is 8.48% above today’s ($35.95) share price. JRVR was included in 2 notes of analysts from August 7, 2018. The firm has “Market Perform” rating given on Monday, November 12 by Wood. The stock has “Neutral” rating by FBR Capital on Tuesday, August 7.

More notable recent James River Group Holdings, Ltd. (NASDAQ:JRVR) news were published by: Globenewswire.com which released: “James River Announces Christopher L. Harris and Sundar Srinivasan Appointed to its Board of Directors – GlobeNewswire” on November 06, 2018, also Seekingalpha.com with their article: “Harder Markets Driving James River Group – Seeking Alpha” published on September 21, 2018, Nasdaq.com published: “AIG Stock Down More Than 25% This Year, Will it Bounce Back? – Nasdaq” on November 26, 2018. More interesting news about James River Group Holdings, Ltd. (NASDAQ:JRVR) were released by: Globenewswire.com and their article: “James River Group Holdings Announces Closing of Secondary Offering – GlobeNewswire” published on November 13, 2017 as well as Businesswire.com‘s news article titled: “A.M. Best Affirms Credit Ratings of James River Group Holdings Ltd. and Subsidiaries; Assigns Credit Ratings to Carolina Re Ltd. – Business Wire” with publication date: August 14, 2018.

James River Group Holdings, Ltd. (NASDAQ:JRVR) Ratings Chart

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