Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 20.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,715 shares of the financial services provider’s stock after purchasing an additional 1,971 shares during the quarter. SG Americas Securities LLC’s holdings in Greenlight Capital Re were worth $164,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Bfsg LLC grew its position in shares of Greenlight Capital Re by 25.8% in the third quarter. Bfsg LLC now owns 6,535 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 1,340 shares during the period. Centiva Capital LP purchased a new position in shares of Greenlight Capital Re during the 3rd quarter worth $139,000. Metis Global Partners LLC acquired a new position in Greenlight Capital Re in the 3rd quarter valued at about $272,000. PDT Partners LLC acquired a new stake in Greenlight Capital Re during the third quarter worth $294,000. Finally, AQR Capital Management LLC raised its position in Greenlight Capital Re by 48.1% in the second quarter. AQR Capital Management LLC now owns 25,399 shares of the financial services provider’s stock valued at $333,000 after purchasing an additional 8,246 shares during the period. Hedge funds and other institutional investors own 41.52% of the company’s stock.

Greenlight Capital Re Stock Down 1.7 %

GLRE opened at $13.59 on Monday. The stock has a market capitalization of $473.34 million, a P/E ratio of 5.39 and a beta of 0.88. Greenlight Capital Re, Ltd. has a one year low of $11.13 and a one year high of $15.82. The business’s 50-day simple moving average is $14.05 and its 200-day simple moving average is $13.88. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.02 and a current ratio of 3.02.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Greenlight Capital Re from a “hold” rating to a “buy” rating in a research note on Friday, January 31st.

Greenlight Capital Re Company Profile

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.