Hamilton Insurance Group, Ltd. (NYSE:HG) Stock Position Trimmed by American Century Companies Inc.

American Century Companies Inc. trimmed its holdings in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,124,878 shares of the company's stock after selling 48,186 shares during the period. American Century Companies Inc. owned 2.10% of Hamilton Insurance Group worth $40,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HG. Charles Schwab Investment Management Inc. raised its stake in shares of Hamilton Insurance Group by 176.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 110,794 shares of the company's stock valued at $2,143,000 after purchasing an additional 70,732 shares during the period. Barclays PLC grew its holdings in Hamilton Insurance Group by 845.0% during the 3rd quarter. Barclays PLC now owns 57,663 shares of the company's stock valued at $1,114,000 after purchasing an additional 51,561 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Hamilton Insurance Group during the 3rd quarter worth $525,000. Geode Capital Management LLC lifted its holdings in Hamilton Insurance Group by 136.5% in the 3rd quarter. Geode Capital Management LLC now owns 475,553 shares of the company's stock worth $9,197,000 after buying an additional 274,483 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Hamilton Insurance Group by 90.0% in the 3rd quarter. Franklin Resources Inc. now owns 99,190 shares of the company's stock valued at $1,845,000 after buying an additional 46,978 shares during the last quarter. 29.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Adrian Joseph Daws sold 3,785 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $21.00, for a total value of $79,485.00. Following the sale, the chief executive officer now owns 199,923 shares of the company's stock, valued at approximately $4,198,383. This trade represents a 1.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 15,000 shares of company stock valued at $311,566. Company insiders own 2.70% of the company's stock.

Hamilton Insurance Group Stock Up 2.4 %

NYSE HG traded up $0.50 on Tuesday, hitting $21.23. 527,123 shares of the stock traded hands, compared to its average volume of 485,027. The company has a market capitalization of $2.15 billion, a P/E ratio of 4.75 and a beta of 0.92. The stock has a 50-day moving average of $19.69 and a 200 day moving average of $19.00. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.06. Hamilton Insurance Group, Ltd. has a twelve month low of $12.44 and a twelve month high of $21.68.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.44). Hamilton Insurance Group had a return on equity of 21.92% and a net margin of 21.88%. The firm had revenue of $543.94 million for the quarter, compared to the consensus estimate of $460.17 million. As a group, analysts expect that Hamilton Insurance Group, Ltd. will post 4.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on HG shares. Barclays set a $25.00 price target on Hamilton Insurance Group and gave the stock an "overweight" rating in a research note on Thursday, February 27th. JMP Securities set a $27.00 target price on Hamilton Insurance Group in a research report on Friday, February 28th. Keefe, Bruyette & Woods raised their price target on shares of Hamilton Insurance Group from $23.00 to $25.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 11th. Finally, Wells Fargo & Company lifted their price target on shares of Hamilton Insurance Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $23.80.

Hamilton Insurance Group Profile

Hamilton Insurance Group, Ltd., through its subsidiaries, provides underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property reinsurance and insurance; and specialty reinsurance solutions, including accident and health, aviation and space, crisis management, mortgage, financial lines, marine and energy, and multiline specialty.