Bfsg LLC Has $104,000 Holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE)

Bfsg LLC boosted its stake in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 13.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,405 shares of the financial services provider’s stock after purchasing an additional 870 shares during the quarter. Bfsg LLC’s holdings in Greenlight Capital Re were worth $104,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in GLRE. R Squared Ltd bought a new position in shares of Greenlight Capital Re during the fourth quarter worth $29,000. SG Americas Securities LLC acquired a new stake in Greenlight Capital Re during the 3rd quarter worth $133,000. Centiva Capital LP bought a new position in Greenlight Capital Re during the third quarter worth about $139,000. Janney Montgomery Scott LLC acquired a new position in Greenlight Capital Re in the fourth quarter valued at about $144,000. Finally, Metis Global Partners LLC bought a new stake in shares of Greenlight Capital Re in the third quarter worth about $272,000. Institutional investors and hedge funds own 41.52% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Greenlight Capital Re from a “hold” rating to a “buy” rating in a report on Friday, January 31st.

Greenlight Capital Re Stock Up 0.5 %

Greenlight Capital Re stock opened at $13.46 on Thursday. The company has a 50 day moving average of $13.84 and a 200-day moving average of $13.88. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.09. Greenlight Capital Re, Ltd. has a twelve month low of $11.67 and a twelve month high of $15.82. The stock has a market capitalization of $468.84 million, a PE ratio of 5.34 and a beta of 0.88.

Greenlight Capital Re Profile

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.