November 22, 2016 - By Pete Kolinski · 0 Comments
OXBRIDGE RE HOLDINGS Ltd (NASDAQ:OXBR) institutional sentiment increased to 4 in Q2 2016. Its up 3.00, from 1 in 2016Q1. The ratio improved, as 2 institutional investors increased and opened new holdings, while 2 sold and decreased holdings in OXBRIDGE RE HOLDINGS Ltd. The institutional investors in our partner’s database now own: 202,251 shares, down from 205,658 shares in 2016Q1. Also, the number of institutional investors holding OXBRIDGE RE HOLDINGS Ltd in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 1 New Position: 1.
The stock decreased 0.99% or $0.05 on November 21, hitting $4.9. Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) has declined 5.15% since April 20, 2016 and is downtrending. It has underperformed by 9.70% the S&P500.
According to Zacks Investment Research, “Oxbridge Re Holdings Ltd. is a reinsurance holding company. It provides reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through its wholly owned reinsurance subsidiary, Oxbridge Reinsurance Limited, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re Holdings Ltd. is based in Cayman Islands.”
Cutler Capital Management Llc holds 0.17% of its portfolio in Oxbridge Re Holdings Ltd. for 120,000 shares. Jaffetilchin Investment Partners Llc owns 24,090 shares or 0.04% of their US portfolio. Moreover, Hilton Capital Management Llc has 0.03% invested in the company for 19,750 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Investment Management Llc, a New Jersey-based fund reported 718 shares.#img1#
Oxbridge Re Holdings Limited, incorporated on April 4, 2013, is a specialty property and casualty reinsurer. The Firm provides reinsurance solutions through its subsidiary, Oxbridge Reinsurance Limited. The Firm focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. It owns approximately 100% of the equity interest in Oxbridge Reinsurance Limited (the Subsidiary). The Firm operates through the Subsidiary, which provides collateralized reinsurance to cover excess of loss catastrophe risks of various affiliated and non-affiliated ceding insurers, including Claddaugh Casualty Insurance Company, Ltd. (Claddaugh) and Homeowners Choice Property & Casualty Insurance Company (HCPCI), which are related-party entities domiciled in Bermuda and Florida. It specializes in underwriting medium frequency, high severity risks.
More recent Oxbridge Re Holdings Ltd. (NASDAQ:OXBR) news were published by: Businesswire.com which released: “Oxbridge Re Holdings Limited Announces Closing of Initial Public Offering” on March 26, 2014. Also Bizjournals.com published the news titled: “Reinsurance firm with Tampa ties prepares to go public” on March 17, 2014. Dividend.com‘s news article titled: “Brown & Brown, Inc. (BRO)” with publication date: February 03, 2012 was also an interesting one.
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By Pete Kolinski