Geode Capital Management LLC Decreases Stake in ICC Holdings, Inc. (NASDAQ:ICCH)

Geode Capital Management LLC lessened its holdings in ICC Holdings, Inc. (NASDAQ:ICCH) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,086 shares of the company’s stock after selling 642 shares during the period. Geode Capital Management LLC owned approximately 0.42% of ICC worth $305,000 at the end of the most recent reporting period.

Separately, Gardner Lewis Asset Management L P boosted its position in ICC by 17.9% in the fourth quarter. Gardner Lewis Asset Management L P now owns 164,866 shares of the company’s stock worth $3,838,000 after purchasing an additional 25,006 shares during the last quarter. Institutional investors and hedge funds own 46.50% of the company’s stock.

ICC Price Performance

Shares of NASDAQ:ICCH opened at $23.49 on Friday. ICC Holdings, Inc. has a 1 year low of $15.25 and a 1 year high of $23.96. The company has a market capitalization of $73.74 million, a PE ratio of 10.58 and a beta of 0.30. The business has a fifty day moving average price of $23.43 and a two-hundred day moving average price of $23.26. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.04 and a quick ratio of 1.04.

ICC (NASDAQ:ICCH) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.54 earnings per share for the quarter. The company had revenue of $23.94 million during the quarter. ICC had a net margin of 7.13% and a return on equity of 9.58%.

About ICC

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.