Ameritas Advisory Services LLC Has $50,000 Stake in Hamilton Insurance Group, Ltd. $HG

Ameritas Advisory Services LLC trimmed its stake in shares of Hamilton Insurance Group, Ltd. (NYSE:HGFree Report) by 89.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,023 shares of the company’s stock after selling 17,783 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Hamilton Insurance Group were worth $50,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HG. Versant Capital Management Inc raised its stake in Hamilton Insurance Group by 1,404.4% during the third quarter. Versant Capital Management Inc now owns 1,700 shares of the company’s stock worth $42,000 after buying an additional 1,587 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Hamilton Insurance Group in the third quarter worth approximately $71,000. CWM LLC lifted its stake in Hamilton Insurance Group by 167.7% during the 2nd quarter. CWM LLC now owns 4,545 shares of the company’s stock valued at $98,000 after acquiring an additional 2,847 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of Hamilton Insurance Group by 14.6% during the second quarter. Ameritas Investment Partners Inc. now owns 4,595 shares of the company’s stock valued at $99,000 after purchasing an additional 585 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of Hamilton Insurance Group during the 1st quarter worth approximately $112,000. 29.17% of the stock is currently owned by institutional investors.

Trending Headlines about Hamilton Insurance Group

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Wall Street Analyst Weigh In

HG has been the topic of a number of research reports. Keefe, Bruyette & Woods lifted their price target on shares of Hamilton Insurance Group from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Citizens Jmp increased their price target on shares of Hamilton Insurance Group from $32.00 to $35.00 and gave the stock a “market outperform” rating in a report on Friday. Zacks Research lowered Hamilton Insurance Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Barclays reiterated an “overweight” rating and set a $35.00 target price on shares of Hamilton Insurance Group in a research report on Friday. Finally, Citigroup reiterated an “outperform” rating on shares of Hamilton Insurance Group in a report on Friday. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.43.

Check Out Our Latest Report on Hamilton Insurance Group

Hamilton Insurance Group Stock Performance

Shares of Hamilton Insurance Group stock opened at $30.36 on Friday. Hamilton Insurance Group, Ltd. has a 12 month low of $16.80 and a 12 month high of $31.67. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $28.13 and a two-hundred day simple moving average of $25.92. The firm has a market capitalization of $2.99 billion, a P/E ratio of 5.45 and a beta of 0.70.

Hamilton Insurance Group (NYSE:HGGet Free Report) last issued its earnings results on Thursday, February 19th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.96. The business had revenue of $728.33 million during the quarter, compared to analysts’ expectations of $621.00 million. Hamilton Insurance Group had a net margin of 19.85% and a return on equity of 19.84%. On average, equities analysts forecast that Hamilton Insurance Group, Ltd. will post 4.1 earnings per share for the current fiscal year.

Hamilton Insurance Group Announces Dividend

The company also recently declared a special dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 6th will be paid a dividend of $2.00 per share. The ex-dividend date is Friday, March 6th.

Hamilton Insurance Group Company Profile

(Free Report)

Hamilton Insurance Group Ltd. is a Bermuda-based insurance and reinsurance holding company that trades on the New York Stock Exchange under the symbol HG. The company focuses on specialty lines of property and casualty insurance and reinsurance, providing tailored solutions to clients around the world. Its underwriting platform is designed to address complex and niche risks across multiple industry sectors.

Established in 2016 and completing its initial public offering in 2017, Hamilton has concentrated on building a diversified portfolio of insurance and reinsurance products.

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Institutional Ownership by Quarter for Hamilton Insurance Group (NYSE:HG)

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