Diamond Hill Capital Management Has Increased Validus Holdings LTD (VR) Stake By $41.52 Million; Wisconsin Energy (WEC) Sentiment Is 1

October 12, 2017 - By Michael Collier

Diamond Hill Capital Management Inc increased Validus Holdings Ltd (VR) stake by 83.98% reported in 2017Q2 SEC filing. Diamond Hill Capital Management Inc acquired 814,080 shares as Validus Holdings Ltd (VR)’s stock declined 9.99%. The Diamond Hill Capital Management Inc holds 1.78M shares with $92.68 million value, up from 969,326 last quarter. Validus Holdings Ltd now has $3.99B valuation. The stock rose 0.54% or $0.26 reaching $49.61 per share. About 143,275 shares traded. Validus Holdings, Ltd. (NYSE:VR) has risen 10.50% since October 12, 2016 and is uptrending. It has underperformed by 6.20% the S&P500.

WEC Energy Group, Inc. was a diversified holding firm with natural gas and electric utility operations, an approximately 60% equity ownership interest in American Transmission Company LLC, and non-utility electric activities through its We Power business, as of December 31, 2016. The company has market cap of $20.43 billion. The Company’s divisions include Wisconsin; Illinois; Other States; Electric Transmission; We Power, and Corporate and Other. It has a 21.37 P/E ratio. Wisconsin includes the electric and natural gas utility activities of Wisconsin Electric Power Company, Wisconsin Gas LLC, and Wisconsin Public Service Corporation, including WE’s and WPS’s electric and natural gas activities in the state of Michigan.

Since January 1, 0001, it had 0 insider buys, and 6 selling transactions for $14.28 million activity.

About 78,433 shares traded. WEC Energy Group Inc (WEC) has risen 4.43% since October 12, 2016 and is uptrending. It has underperformed by 12.27% the S&P500.

Bruce & Co. Inc. holds 0.32% of its portfolio in WEC Energy Group Inc for 23,124 shares. Vantage Investment Advisors Llc owns 6,194 shares or 0.11% of their US portfolio. Moreover, Gulf International Bank (Uk) Ltd has 0.09% invested in the company for 100,263 shares. The Delaware-based Ashford Capital Management Inc has invested 0.08% in the stock. Balasa Dinverno & Foltz Llc, a Illinois-based fund reported 5,846 shares.

Analysts await WEC Energy Group Inc (NYSE:WEC) to report earnings on October, 25 before the open. They expect $0.67 EPS, down 2.90% or $0.02 from last year’s $0.69 per share. WEC’s profit will be $210.00 million for 24.32 P/E if the $0.67 EPS becomes a reality. After $0.63 actual EPS reported by WEC Energy Group Inc for the previous quarter, Wall Street now forecasts 6.35% EPS growth.

Among 8 analysts covering Validus Holdings (NYSE:VR), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Validus Holdings had 11 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Buckingham Research with “Buy” on Monday, September 11. The company was maintained on Friday, April 28 by Wood. As per Monday, February 6, the company rating was downgraded by Deutsche Bank. The stock of Validus Holdings, Ltd. (NYSE:VR) earned “Neutral” rating by Bank of America on Monday, May 2. Keefe Bruyette & Woods maintained Validus Holdings, Ltd. (NYSE:VR) rating on Thursday, August 17. Keefe Bruyette & Woods has “Hold” rating and $55.0 target. UBS downgraded it to “Neutral” rating and $50 target in Friday, September 23 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, June 2 report. The firm earned “Overweight” rating on Tuesday, June 28 by JP Morgan.

Investors sentiment increased to 1.34 in Q2 2017. Its up 0.68, from 0.66 in 2017Q1. It is positive, as 19 investors sold VR shares while 72 reduced holdings. 34 funds opened positions while 88 raised stakes. 73.68 million shares or 0.65% less from 74.16 million shares in 2017Q1 were reported. Voya Mgmt Ltd holds 141,512 shares. Qs Investors holds 0.01% in Validus Holdings, Ltd. (NYSE:VR) or 18,306 shares. Parkside Bank & Trust Trust holds 0.01% or 517 shares. Morgan Stanley has 424,233 shares for 0.01% of their portfolio. Boston Prtnrs owns 189,571 shares. California State Teachers Retirement System holds 0.02% in Validus Holdings, Ltd. (NYSE:VR) or 142,226 shares. M&T Comml Bank Corp owns 0% invested in Validus Holdings, Ltd. (NYSE:VR) for 10,499 shares. Price T Rowe Associate Md holds 41,194 shares. Prudential Fincl has invested 0.01% of its portfolio in Validus Holdings, Ltd. (NYSE:VR). Tiaa Cref Investment Management Lc stated it has 297,182 shares or 0.01% of all its holdings. Bluemar Mgmt Ltd Limited Liability Company invested in 19,665 shares or 0.59% of the stock. First Quadrant LP Ca accumulated 92,577 shares. Point72 Asia (Hong Kong) Limited has 863 shares. Parametric Port Assocs Ltd Liability Corporation owns 585,703 shares. Bokf Na owns 12,523 shares or 0.02% of their US portfolio.

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