55,474 Shares in Kingstone Companies, Inc $KINS Acquired by Daytona Street Capital LLC

Daytona Street Capital LLC bought a new position in shares of Kingstone Companies, Inc (NASDAQ:KINS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 55,474 shares of the insurance provider’s stock, valued at approximately $934,000. Daytona Street Capital LLC owned 0.39% of Kingstone Companies at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cincinnati Insurance Co. acquired a new stake in Kingstone Companies during the 3rd quarter worth approximately $1,237,000. Squarepoint Ops LLC boosted its position in Kingstone Companies by 201.9% during the 2nd quarter. Squarepoint Ops LLC now owns 101,757 shares of the insurance provider’s stock worth $1,568,000 after buying an additional 68,055 shares during the period. American Century Companies Inc. boosted its position in Kingstone Companies by 36.3% during the 2nd quarter. American Century Companies Inc. now owns 220,470 shares of the insurance provider’s stock worth $3,397,000 after buying an additional 58,661 shares during the period. Evernest Financial Advisors LLC boosted its position in Kingstone Companies by 35.3% during the 3rd quarter. Evernest Financial Advisors LLC now owns 211,690 shares of the insurance provider’s stock worth $3,112,000 after buying an additional 55,190 shares during the period. Finally, Segall Bryant & Hamill LLC acquired a new stake in Kingstone Companies during the 3rd quarter worth approximately $608,000. 14.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KINS. Wall Street Zen downgraded shares of Kingstone Companies from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research upgraded shares of Kingstone Companies to a “hold” rating in a report on Friday, February 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Kingstone Companies in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Kingstone Companies Stock Up 0.3%

Kingstone Companies stock opened at $14.59 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.37 and a current ratio of 0.37. Kingstone Companies, Inc has a 52-week low of $13.08 and a 52-week high of $22.40. The firm has a 50 day moving average price of $15.48 and a two-hundred day moving average price of $15.41. The firm has a market cap of $211.26 million, a price-to-earnings ratio of 5.17 and a beta of 0.44.

Kingstone Companies (NASDAQ:KINS) last released its quarterly earnings results on Thursday, March 5th. The insurance provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.03. Kingstone Companies had a net margin of 18.97% and a return on equity of 38.21%. The firm had revenue of $56.42 million during the quarter, compared to analyst estimates of $83.00 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Equities analysts predict that Kingstone Companies, Inc will post 1.4 EPS for the current year.

Kingstone Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 11th were paid a $0.05 dividend. The ex-dividend date was Wednesday, February 11th. This represents a $0.20 annualized dividend and a dividend yield of 1.4%. Kingstone Companies’s payout ratio is currently 7.09%.

Kingstone Companies Company Profile

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.