Barclays PLC lifted its holdings in shares of Kingsway Financial Services Inc. (NYSE:KFS – Free Report) (TSE:KFS) by 325.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,269 shares of the insurance provider’s stock after buying an additional 13,975 shares during the period. Barclays PLC owned about 0.07% of Kingsway Financial Services worth $150,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of KFS. BNP Paribas Financial Markets grew its position in Kingsway Financial Services by 36.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after acquiring an additional 1,742 shares during the last quarter. Rhumbline Advisers increased its position in Kingsway Financial Services by 25.8% in the 2nd quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock valued at $102,000 after acquiring an additional 2,534 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Kingsway Financial Services by 21.9% during the second quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock valued at $311,000 after acquiring an additional 6,778 shares during the last quarter. Annandale Capital LLC raised its position in Kingsway Financial Services by 2.6% during the 2nd quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider’s stock worth $1,056,000 after purchasing an additional 3,200 shares during the last quarter. Finally, State Street Corp grew its position in shares of Kingsway Financial Services by 4.8% in the 3rd quarter. State Street Corp now owns 151,477 shares of the insurance provider’s stock valued at $1,254,000 after buying an additional 6,877 shares during the last quarter. 72.38% of the stock is currently owned by institutional investors.
Insider Activity
In related news, Director Joseph Stilwell sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $8.78, for a total transaction of $219,500.00. Following the sale, the director now directly owns 636,159 shares in the company, valued at approximately $5,585,476.02. This represents a 3.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired a total of 1,143 shares of company stock valued at $10,011 over the last three months. Corporate insiders own 54.75% of the company’s stock.
Kingsway Financial Services Stock Down 1.5 %
Kingsway Financial Services (NYSE:KFS – Get Free Report) (TSE:KFS) last issued its earnings results on Wednesday, November 6th. The insurance provider reported $0.10 EPS for the quarter. Kingsway Financial Services had a negative return on equity of 7.83% and a negative net margin of 3.63%. The company had revenue of $27.14 million during the quarter.
About Kingsway Financial Services
Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.
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