Alberta Investment Management Corp Acquires 25,595 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD)

Alberta Investment Management Corp lifted its stake in shares of Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) by 232.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,588 shares of the company's stock after purchasing an additional 25,595 shares during the period. Alberta Investment Management Corp owned about 0.10% of Goosehead Insurance worth $3,923,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. acquired a new position in Goosehead Insurance during the 3rd quarter worth $29,000. R Squared Ltd purchased a new stake in shares of Goosehead Insurance during the fourth quarter valued at $39,000. Blue Trust Inc. boosted its holdings in shares of Goosehead Insurance by 567.6% in the third quarter. Blue Trust Inc. now owns 474 shares of the company's stock worth $42,000 after buying an additional 403 shares during the period. Financial Management Professionals Inc. purchased a new position in Goosehead Insurance during the 3rd quarter worth approximately $60,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Goosehead Insurance during the third quarter valued at $63,000.

Goosehead Insurance Price Performance

Shares of NASDAQ:GSHD traded down $3.47 during trading on Friday, reaching $106.68. The stock had a trading volume of 271,839 shares, compared to its average volume of 223,748. The stock has a market capitalization of $3.96 billion, a PE ratio of 148.17, a P/E/G ratio of 5.38 and a beta of 1.43. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55. Goosehead Insurance, Inc has a 52 week low of $50.47 and a 52 week high of $130.39. The business's 50-day moving average price is $107.77 and its 200 day moving average price is $102.33.

Goosehead Insurance Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were given a $5.91 dividend. This is an increase from Goosehead Insurance's previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st.

Analyst Upgrades and Downgrades

GSHD has been the subject of a number of research analyst reports. BMO Capital Markets increased their target price on shares of Goosehead Insurance from $90.00 to $120.00 and gave the stock a "market perform" rating in a research report on Tuesday, November 19th. TD Cowen upped their price objective on shares of Goosehead Insurance from $94.00 to $130.00 and gave the stock a "hold" rating in a report on Wednesday, November 20th. Royal Bank of Canada lifted their price target on Goosehead Insurance from $95.00 to $109.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. JMP Securities boosted their price objective on shares of Goosehead Insurance from $100.00 to $115.00 and gave the stock a "market outperform" rating in a report on Thursday, October 24th. Finally, Piper Sandler upped their target price on Goosehead Insurance from $103.00 to $122.00 and gave the company an "overweight" rating in a research note on Monday, October 28th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Goosehead Insurance has an average rating of "Hold" and a consensus target price of $99.20.

Goosehead Insurance Profile

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.