James River Group Inc (NASDAQ:JRVR): Negative Stock Sentiment

Sentiment for James River Group Inc (NASDAQ:JRVR)

James River Group Inc (NASDAQ:JRVR) institutional sentiment decreased to 1.33 in Q3 2018. Its down -0.42, from 1.75 in 2018Q2. The ratio dropped, as 73 investment managers started new and increased positions, while 55 sold and trimmed equity positions in James River Group Inc. The investment managers in our partner’s database reported: 29.03 million shares, down from 29.46 million shares in 2018Q2. Also, the number of investment managers holding James River Group Inc 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 20.77 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.

It closed at $35.93 lastly. It is down 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 EPS, up 400.00 % or $0.52 from last year’s $0.13 per share. JRVR’s profit will be $19.47 million for 13.82 P/E if the $0.65 EPS becomes a reality. After $0.64 actual EPS 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 8.54% above today’s ($35.93) share price. JRVR was included in 2 notes of analysts from August 7, 2018. The firm has “Neutral” rating by FBR Capital given on Tuesday, August 7. The stock of James River Group Holdings, Ltd. (NASDAQ:JRVR) has “Market Perform” rating given on Monday, November 12 by Wood.

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

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