American Integrity Insurance Group (NYSE:AII) Given New $27.00 Price Target at Keefe, Bruyette & Woods

American Integrity Insurance Group (NYSE:AII) had its price objective lowered by Keefe, Bruyette & Woods from $28.00 to $27.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other research analysts also recently commented on AII. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of American Integrity Insurance Group in a research report on Wednesday, January 21st. Citigroup reaffirmed a “market outperform” rating on shares of American Integrity Insurance Group in a research report on Friday, January 16th. Finally, Raymond James Financial set a $28.00 target price on shares of American Integrity Insurance Group in a research report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.50.

American Integrity Insurance Group Stock Performance

AII opened at $18.56 on Tuesday. American Integrity Insurance Group has a one year low of $15.77 and a one year high of $26.36. The company has a market cap of $363.40 million and a P/E ratio of 3.50. The business’s 50-day simple moving average is $18.91 and its 200-day simple moving average is $20.64.

American Integrity Insurance Group (NYSE:AII) last released its quarterly earnings data on Tuesday, February 24th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.32. American Integrity Insurance Group had a return on equity of 36.87% and a net margin of 36.03%.The business had revenue of $68.07 million for the quarter.

American Integrity Insurance Group Dividend Announcement

The company also recently declared a special dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 16th were paid a dividend of $1.02 per share. The ex-dividend date was Monday, March 16th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AII. Strs Ohio purchased a new position in American Integrity Insurance Group during the 3rd quarter worth $33,000. NewEdge Advisors LLC purchased a new position in American Integrity Insurance Group during the 4th quarter worth $33,000. New York State Common Retirement Fund purchased a new position in American Integrity Insurance Group during the 4th quarter worth $42,000. Police & Firemen s Retirement System of New Jersey grew its position in American Integrity Insurance Group by 172.7% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 2,446 shares of the company’s stock worth $51,000 after purchasing an additional 1,549 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in American Integrity Insurance Group during the 3rd quarter worth $72,000.

About American Integrity Insurance Group

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.