EPS for Third Point Reinsurance Ltd. (TPRE) Expected At $-0.22; Brown Capital Management Has Trimmed Quidel (QDEL) Position By $5.42 Million

April 24, 2018 - By Peter Erickson

Analysts expect Third Point Reinsurance Ltd. (NYSE:TPRE) to report $-0.22 EPS on May, 3.They anticipate $1.20 EPS change or 122.45% from last quarter’s $0.98 EPS. After having $0.41 EPS previously, Third Point Reinsurance Ltd.’s analysts see -153.66% EPS growth. The stock increased 0.74% or $0.1 during the last trading session, reaching $13.7. About 6,720 shares traded. Third Point Reinsurance Ltd. (NYSE:TPRE) has risen 19.15% since April 24, 2017 and is uptrending. It has outperformed by 7.60% the S&P500.

Brown Capital Management Llc decreased Quidel Corp (QDEL) stake by 2.2% reported in 2017Q4 SEC filing. Brown Capital Management Llc sold 125,964 shares as Quidel Corp (QDEL)’s stock rose 13.06%. The Brown Capital Management Llc holds 5.60 million shares with $242.75M value, down from 5.73 million last quarter. Quidel Corp now has $2.06B valuation. The stock decreased 0.30% or $0.17 during the last trading session, reaching $55.26. About 47,132 shares traded. Quidel Corporation (NASDAQ:QDEL) has risen 128.16% since April 24, 2017 and is uptrending. It has outperformed by 116.61% the S&P500.

Investors sentiment decreased to 1.17 in Q4 2017. Its down 0.03, from 1.2 in 2017Q3. It dived, as 18 investors sold QDEL shares while 35 reduced holdings. 27 funds opened positions while 35 raised stakes. 30.94 million shares or 0.83% more from 30.68 million shares in 2017Q3 were reported. Bank & Trust Of America De has 0% invested in Quidel Corporation (NASDAQ:QDEL) for 89,242 shares. Great West Life Assurance Can holds 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 4,642 shares. Gabelli Funds Lc stated it has 0.16% in Quidel Corporation (NASDAQ:QDEL). Citadel Advsrs Limited Liability has invested 0% in Quidel Corporation (NASDAQ:QDEL). D E Shaw Com holds 498,386 shares or 0.03% of its portfolio. Geode Management Limited Liability Com holds 0.01% or 403,788 shares in its portfolio. Moreover, York Cap Mngmt Advsrs Ltd has 0.13% invested in Quidel Corporation (NASDAQ:QDEL) for 120,371 shares. Sei Com holds 0.01% or 46,243 shares in its portfolio. Los Angeles Management Equity reported 10,620 shares or 0% of all its holdings. Hsbc Holdg Public Ltd Liability Corp, United Kingdom-based fund reported 9,418 shares. Dimensional Fund Advisors Limited Partnership reported 848,716 shares. Barclays Public Ltd Liability Co reported 6,172 shares stake. Moreover, Acadian Asset Limited Co has 0% invested in Quidel Corporation (NASDAQ:QDEL). Mesirow Financial Inv Mgmt accumulated 1.14% or 371,245 shares. Millennium Management Ltd Llc reported 579,709 shares.

Since October 27, 2017, it had 0 buys, and 10 selling transactions for $15.28 million activity. Shares for $188,080 were sold by SCHULER JACK W. Another trade for 110,704 shares valued at $4.40M was sold by Bujarski Robert Joseph. 36,000 Quidel Corporation (NASDAQ:QDEL) shares with value of $1.86 million were sold by BRYANT DOUGLAS C. Shares for $661,529 were sold by Kroll Werner on Friday, December 8. BORKAR RATAN S sold $1.35M worth of stock or 29,880 shares. $1.46M worth of Quidel Corporation (NASDAQ:QDEL) was sold by STEWARD RANDALL J.

Brown Capital Management Llc increased Abiomed Inc (NASDAQ:ABMD) stake by 43,076 shares to 1.43 million valued at $268.02 million in 2017Q4. It also upped Manhattan Assocs Inc (NASDAQ:MANH) stake by 737,820 shares and now owns 7.85M shares. Mercadolibre Inc (NASDAQ:MELI) was raised too.

Among 9 analysts covering Quidel (NASDAQ:QDEL), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Quidel had 36 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, February 9. The stock of Quidel Corporation (NASDAQ:QDEL) has “Mkt Perform” rating given on Monday, December 14 by Raymond James. The stock has “Buy” rating by Craig Hallum on Monday, March 26. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Neutral” rating by PiperJaffray on Friday, December 16. The firm has “Outperform” rating by William Blair given on Tuesday, July 18. The firm has “Outperform” rating given on Monday, June 13 by Raymond James. The company was maintained on Thursday, December 21 by Canaccord Genuity. As per Tuesday, September 19, the company rating was maintained by Barclays Capital. The stock has “Buy” rating by Canaccord Genuity on Tuesday, July 18. The rating was maintained by Piper Jaffray on Tuesday, April 3 with “Buy”.

Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies in the Americas, Europe, the Middle East, Africa, and Asia. The company has market cap of $1.39 billion. The firm underwrites property, workers compensation, personal automobile, general and professional liability, insurance, extended warranty insurance, and multi-line reinsurance products. It has a 5.19 P/E ratio.

Investors sentiment increased to 3.26 in 2017 Q4. Its up 1.02, from 2.24 in 2017Q3. It is positive, as 12 investors sold Third Point Reinsurance Ltd. shares while 22 reduced holdings. 34 funds opened positions while 77 raised stakes. 151.48 million shares or 90.11% more from 79.68 million shares in 2017Q3 were reported. Balyasny Asset Mgmt Limited Co stated it has 25,859 shares. Peak6 Invs Limited Partnership invested in 0% or 6,825 shares. Cornercap Counsel Inc reported 49,105 shares. Moreover, Sector Pension Investment Board has 0.01% invested in Third Point Reinsurance Ltd. (NYSE:TPRE). California State Teachers Retirement Systems invested in 144,960 shares or 0% of the stock. Tiaa Cref Management owns 2.07 million shares. 533,057 are owned by Ajo Ltd Partnership. Zacks Invest Mgmt stated it has 0.02% in Third Point Reinsurance Ltd. (NYSE:TPRE). 21,900 were reported by Connor Clark & Lunn Inv Mgmt Ltd. State Of Alaska Department Of Revenue owns 17,360 shares. Aqr Cap Mngmt Limited Liability Corp owns 468,268 shares or 0.01% of their US portfolio. Parametric Port Associates Ltd Liability Corporation owns 107,539 shares. Teachers Retirement System Of The State Of Kentucky invested in 20,300 shares. Dimensional Fund Advisors Ltd Partnership holds 2.21 million shares. Virtus Invest Advisers owns 26,861 shares for 0% of their portfolio.

Since March 20, 2018, it had 0 insider buys, and 1 sale for $1.47 million activity. The insider Bredahl J. Robert sold 100,000 shares worth $1.47M.

Among 6 analysts covering Third Point Reinsurance (NYSE:TPRE), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Third Point Reinsurance had 14 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, November 10. The firm earned “Market Perform” rating on Thursday, October 1 by Wood. The stock of Third Point Reinsurance Ltd. (NYSE:TPRE) earned “Hold” rating by Keefe Bruyette & Woods on Monday, December 4. On Monday, May 8 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The firm has “Buy” rating by Bank of America given on Tuesday, April 3. The firm has “Buy” rating given on Wednesday, September 2 by Compass Point. The firm earned “Hold” rating on Monday, October 16 by Keefe Bruyette & Woods. As per Tuesday, October 10, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Thursday, August 3 with “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, September 8 report.

Quidel Corporation (NASDAQ:QDEL) Institutional Positions Chart

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