Alberta Investment Management Corp Has $5.22 Million Stock Position in Bowhead Specialty Holdings Inc. (NYSE:BOW)

Alberta Investment Management Corp grew its position in shares of Bowhead Specialty Holdings Inc. (NYSE:BOW - Free Report) by 64.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 147,032 shares of the company's stock after purchasing an additional 57,554 shares during the quarter. Alberta Investment Management Corp owned 0.45% of Bowhead Specialty worth $5,223,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. New York State Common Retirement Fund acquired a new position in shares of Bowhead Specialty in the 4th quarter worth $64,000. MetLife Investment Management LLC acquired a new position in shares of Bowhead Specialty in the 3rd quarter worth $123,000. New Vernon Investment Management LLC acquired a new position in shares of Bowhead Specialty in the 3rd quarter worth $127,000. Quantbot Technologies LP acquired a new position in shares of Bowhead Specialty in the 3rd quarter worth $157,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Bowhead Specialty in the 3rd quarter worth $317,000.

Bowhead Specialty Stock Performance

Shares of NYSE BOW traded down $0.61 during mid-day trading on Friday, reaching $31.13. 47,293 shares of the company traded hands, compared to its average volume of 97,346. The company's fifty day moving average is $33.24 and its two-hundred day moving average is $31.68. Bowhead Specialty Holdings Inc. has a fifty-two week low of $22.14 and a fifty-two week high of $37.81.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Keefe, Bruyette & Woods lifted their target price on Bowhead Specialty from $36.00 to $44.00 and gave the stock a "market perform" rating in a report on Friday, January 10th. JPMorgan Chase & Co. raised their price target on Bowhead Specialty from $26.00 to $30.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. JMP Securities raised their price target on Bowhead Specialty from $32.00 to $33.00 and gave the stock a "market outperform" rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada raised their price target on Bowhead Specialty from $32.00 to $35.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $33.60.

Bowhead Specialty Company Profile

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.