Greenlight Reinsurance, Ltd. (GLRE) Stake Maintained by Swiss National Bank

Greenlight Reinsurance, Ltd. (GLRE) Stake Maintained by Swiss National Bank

Swiss National Bank continued to hold its position in shares of Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,000 shares of the company’s stock at the end of the third quarter. Swiss National Bank owned about 0.14% of Greenlight Reinsurance worth $1,042,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. BBR Partners LLC increased its stake in shares of Greenlight Reinsurance by 108.0% in the second quarter. BBR Partners LLC now owns 721,285 shares of the company’s stock valued at $14,541,000 after buying an additional 374,492 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Greenlight Reinsurance by 8.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,478,950 shares of the company’s stock valued at $29,815,000 after buying an additional 113,675 shares during the period. Weatherbie Capital LLC increased its stake in shares of Greenlight Reinsurance by 14.9% in the second quarter. Weatherbie Capital LLC now owns 627,419 shares of the company’s stock valued at $12,649,000 after buying an additional 81,227 shares during the period. Vanguard Group Inc. increased its stake in shares of Greenlight Reinsurance by 4.0% in the second quarter. Vanguard Group Inc. now owns 2,117,881 shares of the company’s stock valued at $42,696,000 after buying an additional 80,626 shares during the period. Finally, J.Safra Asset Management Corp acquired a new stake in shares of Greenlight Reinsurance during the second quarter valued at $1,411,000. 43.22% of the stock is currently owned by institutional investors.

Shares of Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) opened at 23.10 on Friday. The firm’s market cap is $863.15 million. Greenlight Reinsurance, Ltd. has a 12 month low of $18.74 and a 12 month high of $24.10. The company has a 50-day moving average of $23.43 and a 200-day moving average of $21.47.

Several brokerages have recently weighed in on GLRE. Zacks Investment Research downgraded shares of Greenlight Reinsurance from a “buy” rating to a “hold” rating in a research note on Tuesday, January 10th. TheStreet upgraded shares of Greenlight Reinsurance from a “sell” rating to a “hold” rating in a research note on Thursday, November 10th.

About Greenlight Reinsurance

Greenlight Capital Re, Ltd. is a property and casualty reinsurance holding company. The Company operates through property and casualty reinsurance segment. Its underwriting operations are classified into two categories: frequency business, which is characterized as contracts containing a number of small losses emanating from multiple events, and severity business, which is characterized as contracts with the potential for losses emanating from one event or multiple events.

Want to see what other hedge funds are holding GLRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Greenlight Reinsurance, Ltd. (NASDAQ:GLRE).

Related posts

Leave a Comment