12,368 Shares in Hamilton Insurance Group, Ltd. (NYSE:HG) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in Hamilton Insurance Group, Ltd. (NYSE:HG) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 12,368 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors also recently bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in shares of Hamilton Insurance Group by 198.2% during the 3rd quarter. Wellington Management Group LLP now owns 3,715,579 shares of the company’s stock valued at $71,859,000 after purchasing an additional 2,469,422 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Hamilton Insurance Group by 538.4% in the third quarter. JPMorgan Chase & Co. now owns 862,314 shares of the company’s stock valued at $16,677,000 after buying an additional 727,242 shares in the last quarter. Private Management Group Inc. acquired a new position in shares of Hamilton Insurance Group in the fourth quarter worth about $10,511,000. State Street Corp raised its position in shares of Hamilton Insurance Group by 133.3% in the third quarter. State Street Corp now owns 532,632 shares of the company’s stock worth $10,301,000 after acquiring an additional 304,371 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in shares of Hamilton Insurance Group during the 3rd quarter worth about $9,419,000. 29.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HG has been the subject of a number of analyst reports. Keefe, Bruyette & Woods upped their price target on Hamilton Insurance Group from $23.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday, March 11th. JMP Securities set a $27.00 target price on Hamilton Insurance Group in a research note on Friday, February 28th. Wells Fargo & Company increased their target price on Hamilton Insurance Group from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. Finally, Barclays set a $25.00 price target on shares of Hamilton Insurance Group and gave the stock an “overweight” rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $23.80.

Hamilton Insurance Group Stock Performance

NYSE HG opened at $21.57 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The stock’s 50 day simple moving average is $19.60 and its 200-day simple moving average is $18.94. The company has a market cap of $2.19 billion, a PE ratio of 4.83 and a beta of 0.92. Hamilton Insurance Group, Ltd. has a 1-year low of $12.44 and a 1-year high of $21.68.

Hamilton Insurance Group (NYSE:HG) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.44). Hamilton Insurance Group had a net margin of 21.88% and a return on equity of 21.92%. The firm had revenue of $543.94 million during the quarter, compared to analysts’ expectations of $460.17 million. As a group, equities research analysts anticipate that Hamilton Insurance Group, Ltd. will post 4.1 EPS for the current fiscal year.

Insider Transactions at Hamilton Insurance Group

In other news, CEO Adrian Joseph Daws sold 3,785 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $21.00, for a total value of $79,485.00. Following the completion of the sale, the chief executive officer now directly owns 199,923 shares in the company, valued at $4,198,383. This represents a 1.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 15,000 shares of company stock valued at $311,566. Corporate insiders own 2.70% of the company’s stock.

Hamilton Insurance Group Profile

Hamilton Insurance Group, Ltd., through its subsidiaries, provides underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property reinsurance and insurance; and specialty reinsurance solutions, including accident and health, aviation and space, crisis management, mortgage, financial lines, marine and energy, and multiline specialty.