New York State Common Retirement Fund Takes Position in Kingstone Companies, Inc. (NASDAQ:KINS)

New York State Common Retirement Fund acquired a new position in shares of Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,000 shares of the insurance provider's stock, valued at approximately $349,000. New York State Common Retirement Fund owned about 0.19% of Kingstone Companies as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Angel Oak Capital Advisors LLC acquired a new position in shares of Kingstone Companies in the 4th quarter valued at $3,704,000. Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of Kingstone Companies in the 3rd quarter valued at $1,658,000. Geode Capital Management LLC lifted its stake in shares of Kingstone Companies by 14.5% in the 3rd quarter. Geode Capital Management LLC now owns 95,950 shares of the insurance provider's stock valued at $878,000 after purchasing an additional 12,134 shares during the last quarter. Ritholtz Wealth Management lifted its stake in shares of Kingstone Companies by 138.6% in the 4th quarter. Ritholtz Wealth Management now owns 39,663 shares of the insurance provider's stock valued at $602,000 after purchasing an additional 23,040 shares during the last quarter. Finally, Wolverine Trading LLC acquired a new position in shares of Kingstone Companies in the 3rd quarter valued at $304,000. Institutional investors and hedge funds own 14.91% of the company's stock.

Kingstone Companies Trading Down 1.3 %

Shares of KINS stock traded down $0.20 on Friday, hitting $14.92. The stock had a trading volume of 536,127 shares, compared to its average volume of 288,075. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market capitalization of $184.25 million, a P/E ratio of 11.48 and a beta of 0.71. Kingstone Companies, Inc. has a 1 year low of $3.63 and a 1 year high of $19.18. The company's 50 day moving average price is $16.04 and its 200-day moving average price is $13.14.

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Insider Activity at Kingstone Companies

In related news, Director William L. Yankus sold 10,253 shares of the business's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $16.18, for a total value of $165,893.54. Following the sale, the director now owns 91,834 shares in the company, valued at approximately $1,485,874.12. The trade was a 10.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 12.20% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Kingstone Companies from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th.

Kingstone Companies Profile

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.