New Vernon Investment Management Has Lowered Allied Wrld Assur Com Hldg A (AWH) Position; Orchid Island Capital (ORC)’s Sentiment Is 2.29

June 20, 2017 - By Louis Casey

New Vernon Investment Management Llc decreased Allied Wrld Assur Com Hldg A (AWH) stake by 31.64% reported in 2016Q4 SEC filing. New Vernon Investment Management Llc sold 33,375 shares as Allied Wrld Assur Com Hldg A (AWH)’s stock declined 1.76%. The New Vernon Investment Management Llc holds 72,125 shares with $3.87M value, down from 105,500 last quarter. Allied Wrld Assur Com Hldg A now has $4.56B valuation. The stock declined 0.02% or $0.01 reaching $52.18 per share. About 304,518 shares traded. Allied World Assurance Company Hldgs Ltd (NYSE:AWH) has risen 44.89% since June 20, 2016 and is uptrending. It has outperformed by 28.19% the S&P500.

Orchid Island Capital, Inc. is a specialty finance firm that invests in residential mortgage-backed securities . The company has market cap of $352.23 million. The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. It has a 19.98 P/E ratio. The Company’s portfolio consists of two categories of Agency RMBS: pass-through Agency RMBS and structured Agency RMBS.

Analysts await Allied World Assurance Company Hldgs Ltd (NYSE:AWH) to report earnings on July, 18. They expect $0.73 earnings per share, down 19.78% or $0.18 from last year’s $0.91 per share. AWH’s profit will be $63.79 million for 17.87 P/E if the $0.73 EPS becomes a reality. After $0.53 actual earnings per share reported by Allied World Assurance Company Hldgs Ltd for the previous quarter, Wall Street now forecasts 37.74% EPS growth.

Investors sentiment increased to 1.01 in 2016 Q4. Its up 0.16, from 0.85 in 2016Q3. It increased, as 27 investors sold AWH shares while 85 reduced holdings. 56 funds opened positions while 57 raised stakes. 74.06 million shares or 3.18% less from 76.49 million shares in 2016Q3 were reported. Invesco reported 103,544 shares. American Intl Grp invested 0% in Allied World Assurance Company Hldgs Ltd (NYSE:AWH). California-based Aperio Grp Lc has invested 0.02% in Allied World Assurance Company Hldgs Ltd (NYSE:AWH). Thrivent Fincl For Lutherans invested 0.07% of its portfolio in Allied World Assurance Company Hldgs Ltd (NYSE:AWH). Paradice Invest Limited Liability Com owns 1.59 million shares for 8.12% of their portfolio. Timessquare Cap Llc accumulated 0.25% or 686,300 shares. Moreover, Blackrock Institutional Tru Comm Na has 0.02% invested in Allied World Assurance Company Hldgs Ltd (NYSE:AWH) for 2.27M shares. Teacher Retirement System Of Texas accumulated 6,985 shares. Northwestern Mutual Wealth Mgmt holds 37 shares or 0% of its portfolio. Envestnet Asset Mgmt Incorporated has 0% invested in Allied World Assurance Company Hldgs Ltd (NYSE:AWH) for 10,989 shares. 50,359 are owned by Blackrock Investment Mgmt Lc. New York State Common Retirement Fund holds 230,400 shares or 0.02% of its portfolio. 218,673 were accumulated by Cornerstone Cap Ltd Llc. Riverhead Management Limited invested 0.01% in Allied World Assurance Company Hldgs Ltd (NYSE:AWH). has 0% invested in Allied World Assurance Company Hldgs Ltd (NYSE:AWH).

Among 8 analysts covering Allied World Assurance Co Holdings AG. (NYSE:AWH), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Allied World Assurance Co Holdings AG. had 15 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was downgraded by TheStreet on Tuesday, September 22 to “Hold”. The firm has “Underperform” rating given on Monday, March 28 by BMO Capital Markets. As per Thursday, December 10, the company rating was initiated by Piper Jaffray. M Partners maintained the shares of AWH in report on Wednesday, July 20 with “Buy” rating. The stock of Allied World Assurance Company Hldgs Ltd (NYSE:AWH) earned “Neutral” rating by JP Morgan on Friday, January 6. The firm has “Equal-Weight” rating given on Thursday, October 22 by Barclays Capital. The stock has “Mkt Perform” rating by JMP Securities on Wednesday, December 21. BMO Capital Markets upgraded Allied World Assurance Company Hldgs Ltd (NYSE:AWH) on Wednesday, December 21 to “Market Perform” rating. The company was downgraded on Tuesday, December 20 by M Partners. The stock has “Equalweight” rating by Barclays Capital on Wednesday, July 20.

Analysts await Orchid Island Capital Inc (NYSE:ORC) to report earnings on July, 26.

Since January 1, 0001, it had 4 insider purchases, and 1 sale for $994,383 activity.

Campbell & Co Investment Adviser Llc holds 1.1% of its portfolio in Orchid Island Capital Inc for 32,800 shares. Menta Capital Llc owns 201,824 shares or 0.18% of their US portfolio. Moreover, Cetera Advisors Llc has 0.07% invested in the company for 86,451 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.05% in the stock. Renaissance Technologies Llc, a New York-based fund reported 2.17 million shares.

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