Watford Hldg Ltd (WTRE) Director Buys $499,000.00 in Stock

Watford Hldg Ltd (NASDAQ:WTRE) Director Nicolas Papadopoulo acquired 20,000 shares of Watford stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of $24.95 per share, with a total value of $499,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WTRE stock opened at $24.85 on Friday. Watford Hldg Ltd has a fifty-two week low of $23.70 and a fifty-two week high of $28.94.

Watford (NASDAQ:WTRE) last released its earnings results on Tuesday, April 30th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.72 by ($1.62). The company had revenue of $205.04 million during the quarter. As a group, analysts anticipate that Watford Hldg Ltd will post 4.28 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Republic Investment Management Inc. bought a new stake in Watford during the first quarter worth about $334,000. Price Wealth Management Inc. bought a new stake in Watford during the first quarter worth about $334,000. JPMorgan Chase & Co. bought a new stake in Watford during the first quarter worth about $1,471,000. Finally, Element Pointe Advisors LLC bought a new stake in Watford during the first quarter worth about $3,344,000. Institutional investors and hedge funds own 0.70% of the company’s stock.

Several research firms have recently weighed in on WTRE. Barclays began coverage on Watford in a research report on Monday, April 22nd. They set an “equal weight” rating and a $29.00 price objective for the company. JPMorgan Chase & Co. began coverage on Watford in a research report on Tuesday, April 23rd. They set a “neutral” rating and a $30.00 price objective for the company.

TRADEMARK VIOLATION WARNING: This report was first published by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/05/10/watford-hldg-ltd-wtre-director-buys-499000-00-in-stock.html.

Watford Company Profile

Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.

Read More: What do investors mean by earnings per share?

Receive News & Ratings for Watford Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watford and related companies with MarketBeat.com's FREE daily email newsletter.