What after Robert Bredahl’s Insider Sale of Third Point Reinsurance Ltd Stock?; Pier 1 Imports, Inc. (PIR) Covered By 5 Bulls

Among 22 analysts covering Pier 1 Imports (NYSE:PIR), 5 have Buy rating, 6 Sell and 11 Hold. Therefore 23% are positive. Pier 1 Imports had 52 analyst reports since August 25, 2015 according to SRatingsIntel. On Thursday, June 23 the stock rating was upgraded by Wolfe Research to “Peer Perform”. The rating was maintained by Jefferies on Thursday, June 22 with “Hold”. The rating was downgraded by Raymond James to “Mkt Perform” on Thursday, September 8. Telsey Advisory Group maintained the stock with “Market Perform” rating in Thursday, June 29 report. Jefferies maintained Pier 1 Imports, Inc. (NYSE:PIR) rating on Wednesday, April 19. Jefferies has “Hold” rating and $7.25 target. The firm earned “Outperform” rating on Friday, September 25 by Credit Agricole. The firm has “Neutral” rating given on Friday, April 28 by Citigroup. Oppenheimer maintained Pier 1 Imports, Inc. (NYSE:PIR) on Thursday, June 29 with “Hold” rating. As per Monday, September 21, the company rating was maintained by Wedbush. The stock of Pier 1 Imports, Inc. (NYSE:PIR) has “Hold” rating given on Wednesday, December 13 by Jefferies. See Pier 1 Imports, Inc. (NYSE:PIR) latest ratings:

13/12/2017 Broker: Jefferies Rating: Hold New Target: $4.5 Maintain
14/12/2017 Broker: Gordon Haskett Old Rating: Hold New Rating: Sell Downgrade
14/12/2017 Broker: Raymond James Rating: Hold
11/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
28/09/2017 Broker: Jefferies Rating: Hold New Target: $4.9 Maintain
28/09/2017 Broker: Credit Suisse Rating: Underperform Old Target: $4 New Target: $3.5 Maintain
28/09/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $5 New Target: $4.6 Maintain
28/09/2017 Broker: Loop Capital Old Rating: Buy New Rating: Hold Old Target: $12 Downgrade

The President and CEO of Third Point Reinsurance Ltd, Robert Bredahl recently received exactly $1,470,400 U.S Dollars for 100,000 shares in the Third Point Reinsurance Ltd corporation at an approx. $14.7 of a share. Currently, Robert Bredahl owns 999,391 shares which are roughly 0.99% of the company’s market capitalization (total value of the shares outstanding). Details about the trade dated 22-03-2018, could be found available online in a document on the SEC website here.

Investors sentiment increased to 3.26 in Q3 2017. Its up 1.02, from 2.24 in 2017Q2. It is positive, as 10 investors sold Third Point Reinsurance Ltd. shares while 27 reduced holdings. 38 funds opened positions while 45 raised stakes. 79.68 million shares or 8.59% more from 73.38 million shares in 2017Q2 were reported. Mason Street Advsrs Ltd Liability Corporation reported 16,028 shares stake. Hillsdale Inc has invested 0.2% in Third Point Reinsurance Ltd. (NYSE:TPRE). Strs Ohio holds 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE) for 61,900 shares. Parametric Limited Liability Company invested in 0% or 72,133 shares. Schwab Charles Invest Management owns 336,329 shares. Citadel Ltd Liability Corporation, a Illinois-based fund reported 236,639 shares. Jacobs Levy Equity holds 0.1% in Third Point Reinsurance Ltd. (NYSE:TPRE) or 335,689 shares. Sector Pension Board invested in 40,100 shares or 0% of the stock. Indexiq Advisors Ltd Company reported 0.05% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). State Teachers Retirement System holds 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE) for 24,846 shares. Pine Brook Road Advisors Lp accumulated 5.58% or 1.16 million shares. Thrivent For Lutherans has 0% invested in Third Point Reinsurance Ltd. (NYSE:TPRE) for 38,920 shares. Moreover, Renaissance Limited Liability Corporation has 0.02% invested in Third Point Reinsurance Ltd. (NYSE:TPRE) for 972,093 shares. Citigroup has invested 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Dimensional Fund Advsr Lp accumulated 1.57M shares.

The stock decreased 1.36% or $0.2 during the last trading session, reaching $14.5. About 900,897 shares traded or 23.90% up from the average. Third Point Reinsurance Ltd. (NYSE:TPRE) has risen 10.16% since March 22, 2017 and is uptrending. It has underperformed by 6.54% the S&P500.

Among 5 analysts covering Third Point Reinsurance (NYSE:TPRE), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Third Point Reinsurance has $19.0 highest and $15 lowest target. $16.25’s average target is 12.07% above currents $14.5 stock price. Third Point Reinsurance had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, September 2 by Compass Point. On Monday, October 16 the stock rating was downgraded by Keefe Bruyette & Woods to “Hold”. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Thursday, August 3 with “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, December 4 report. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Friday, September 8 with “Buy” rating. On Monday, May 8 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, October 10. The firm has “Market Perform” rating given on Thursday, October 1 by Wood. Morgan Stanley maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Friday, November 10 with “Equal-Weight” rating.

Analysts await Third Point Reinsurance Ltd. (NYSE:TPRE) to report earnings on May, 3. They expect $0.37 EPS, down 62.24% or $0.61 from last year’s $0.98 per share. TPRE’s profit will be $37.54M for 9.80 P/E if the $0.37 EPS becomes a reality. After $0.41 actual EPS reported by Third Point Reinsurance Ltd. for the previous quarter, Wall Street now forecasts -9.76% negative EPS growth.

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 $1.47 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 5.5 P/E ratio.

Since February 15, 2018, it had 3 insider purchases, and 1 sale for $29,640 activity. TOWLE & CO bought 4,650 shares worth $14,409.

The stock decreased 1.34% or $0.04 during the last trading session, reaching $2.94. About 1.09 million shares traded. Pier 1 Imports, Inc. (NYSE:PIR) has declined 2.95% since March 22, 2017 and is downtrending. It has underperformed by 19.65% the S&P500.