American Century Companies Inc. Buys 55,572 Shares of Kingstone Companies, Inc. (NASDAQ:KINS)

American Century Companies Inc. boosted its holdings in shares of Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 186.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 85,358 shares of the insurance provider's stock after acquiring an additional 55,572 shares during the quarter. American Century Companies Inc. owned 0.69% of Kingstone Companies worth $1,297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KINS. SBI Securities Co. Ltd. acquired a new stake in shares of Kingstone Companies during the 4th quarter valued at $26,000. Barclays PLC bought a new position in shares of Kingstone Companies in the third quarter valued at approximately $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 valued at $94,000 after purchasing an additional 10,200 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Kingstone Companies in the 3rd quarter worth approximately $170,000. Finally, Baader Bank Aktiengesellschaft bought a new position in Kingstone Companies during the 4th quarter worth approximately $191,000. Hedge funds and other institutional investors own 14.91% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Kingstone Companies from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th.

Kingstone Companies Stock Performance

Shares of NASDAQ:KINS traded up $0.52 during mid-day trading on Wednesday, reaching $17.72. The company had a trading volume of 42,063 shares, compared to its average volume of 198,683. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The company's 50-day moving average price is $16.23 and its 200-day moving average price is $14.49. Kingstone Companies, Inc. has a one year low of $3.93 and a one year high of $19.18. The firm has a market cap of $243.31 million, a price-to-earnings ratio of 13.63 and a beta of 0.48.

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.