Endurance Specialty Holdings Ltd. (ENH) was Downgraded by Macquarie to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Macquarie advised their investors in a research report released on Oct 19, 2016.
Many Wall Street Analysts have commented on Endurance Specialty Holdings Ltd.. Endurance Specialty Holdings Ltd. was Downgraded by Keefe Bruyette to ” Mkt Perform” on Oct 7, 2016.
On the company’s financial health, Endurance Specialty Holdings Ltd. reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $1.07. The company had revenue of $599.61 million for the quarter, compared to analysts expectations of $659.50 million. The company’s revenue was up 30.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 EPS.
Endurance Specialty Holdings Ltd. opened for trading at $91.94 and hit $92.08 on the upside on Friday, eventually ending the session at $91.89, with a gain of 0.12% or 0.11 points. The heightened volatility saw the trading volume jump to 9,12,170 shares. Company has a market cap of $6,210 M.
In a different news, on Oct 4, 2016, John Thomas Baily (director) purchased 40 shares at $64.96 per share price. According to the SEC, on Jun 3, 2016, John Charman (CEO) purchased 130,000 shares at $68.58 per share price. On Sep 23, 2015, Carrie Rosorea (Chief Accounting Officer) sold 2,010 shares at $61.14 per share price, according to the Form-4 filing with the securities and exchange commission.
Endurance Specialty Holdings Ltd. is a holding company. The Company through its operating subsidiaries based in Bermuda the United States and the United Kingdom is focused on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The Company’s portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. The Insurance segment consists of four lines of business: agriculture casualty and other specialty professional lines and property. The Reinsurance segment consists of five lines of business: catastrophe property casualty professional lines and specialty.