Boston Partners Has $595,000 Holdings in Bowhead Specialty Holdings Inc. $BOW

Boston Partners grew its holdings in Bowhead Specialty Holdings Inc. (NYSE:BOW) by 74.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,858 shares of the company’s stock after acquiring an additional 6,760 shares during the quarter. Boston Partners’ holdings in Bowhead Specialty were worth $595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of BOW. Police & Firemen s Retirement System of New Jersey increased its position in Bowhead Specialty by 38.2% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 3,575 shares of the company’s stock worth $134,000 after acquiring an additional 989 shares during the period. NewEdge Advisors LLC acquired a new stake in Bowhead Specialty in the 1st quarter worth $206,000. Royal Bank of Canada increased its holdings in shares of Bowhead Specialty by 112.7% during the 1st quarter. Royal Bank of Canada now owns 5,406 shares of the company’s stock worth $219,000 after purchasing an additional 2,864 shares during the period. Virtu Financial LLC acquired a new position in shares of Bowhead Specialty during the first quarter valued at about $240,000. Finally, Creative Planning bought a new stake in shares of Bowhead Specialty in the second quarter valued at about $225,000.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Keefe, Bruyette & Woods cut their price target on Bowhead Specialty from $45.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, August 12th. Piper Sandler lowered their price objective on Bowhead Specialty from $38.00 to $33.00 and set an “overweight” rating on the stock in a research report on Thursday, October 2nd. Zacks Research raised Bowhead Specialty from a “strong sell” rating to a “hold” rating in a research report on Friday, August 15th. JMP Securities lowered their price target on shares of Bowhead Specialty from $43.00 to $40.00 and set a “market outperform” rating on the stock in a report on Tuesday, October 14th. Finally, Royal Bank Of Canada began coverage on shares of Bowhead Specialty in a research note on Monday, November 24th. They issued an “outperform” rating and a $33.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Bowhead Specialty Price Performance

Shares of NYSE:BOW opened at $27.85 on Monday. The business’s fifty day moving average price is $26.20 and its two-hundred day moving average price is $31.03. Bowhead Specialty Holdings Inc. has a fifty-two week low of $23.50 and a fifty-two week high of $42.29. The stock has a market capitalization of $912.92 million, a price-to-earnings ratio of 17.85 and a beta of -1.07.

Bowhead Specialty (NYSE:BOW) last issued its earnings results on Monday, August 26th. The company reported $0.27 EPS for the quarter. Bowhead Specialty had a net margin of 10.12% and a return on equity of 13.53%. The company had revenue of $65.45 million for the quarter. Research analysts expect that Bowhead Specialty Holdings Inc. will post 1.36 EPS for the current fiscal year.

About Bowhead Specialty

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.