Integrated Quantitative Investments LLC Buys New Shares in Kingstone Companies, Inc. (NASDAQ:KINS)

Integrated Quantitative Investments LLC bought a new position in shares of Kingstone Companies, Inc. (NASDAQ:KINS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,800 shares of the insurance provider’s stock, valued at approximately $270,000.

Other large investors have also bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in shares of Kingstone Companies during the fourth quarter valued at about $26,000. Barclays PLC bought a new stake in Kingstone Companies in the 3rd quarter valued at about $49,000. JPMorgan Chase & Co. raised its stake in Kingstone Companies by 53,684.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,219 shares of the insurance provider’s stock worth $94,000 after buying an additional 10,200 shares during the period. Baader Bank Aktiengesellschaft bought a new position in Kingstone Companies in the fourth quarter worth approximately $191,000. Finally, Trexquant Investment LP acquired a new stake in Kingstone Companies in the fourth quarter valued at approximately $247,000. 14.91% of the stock is currently owned by institutional investors and hedge funds.

Kingstone Companies Trading Down 7.0 %

NASDAQ:KINS opened at $15.74 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.43. Kingstone Companies, Inc. has a one year low of $3.93 and a one year high of $19.18. The company has a market cap of $216.13 million, a PE ratio of 12.11 and a beta of 0.48. The firm has a 50-day moving average of $16.36 and a 200-day moving average of $14.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Kingstone Companies from a “buy” rating to a “hold” rating in a research report on Thursday, March 20th.

About Kingstone Companies

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.