Hamilton Insurance Group, Ltd. (NYSE:HG) Stock Holdings Lowered by Bailard Inc.

Bailard Inc. trimmed its holdings in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 53.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,482 shares of the company's stock after selling 18,118 shares during the period. Bailard Inc.'s holdings in Hamilton Insurance Group were worth $295,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HG. Quarry LP lifted its position in shares of Hamilton Insurance Group by 448.5% during the third quarter. Quarry LP now owns 1,640 shares of the company's stock worth $32,000 after purchasing an additional 1,341 shares in the last quarter. Spire Wealth Management acquired a new position in shares of Hamilton Insurance Group during the fourth quarter worth $38,000. Bfsg LLC acquired a new position in shares of Hamilton Insurance Group during the fourth quarter worth $77,000. Toronto Dominion Bank acquired a new position in shares of Hamilton Insurance Group during the third quarter worth $97,000. Finally, US Bancorp DE acquired a new position in shares of Hamilton Insurance Group during the third quarter worth $107,000. 29.17% of the stock is owned by institutional investors and hedge funds.

Hamilton Insurance Group Stock Down 0.7 %

HG traded down $0.15 during trading on Friday, hitting $20.88. The company had a trading volume of 536,463 shares, compared to its average volume of 455,536. The company has a market cap of $2.12 billion, a PE ratio of 4.67 and a beta of 0.92. The business has a 50-day moving average of $19.03 and a 200-day moving average of $18.80. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. Hamilton Insurance Group, Ltd. has a 1-year low of $12.44 and a 1-year high of $21.05.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wells Fargo & Company boosted their target price on shares of Hamilton Insurance Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Barclays set a $25.00 price target on shares of Hamilton Insurance Group and gave the company an "overweight" rating in a report on Thursday, February 27th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $22.80.

About Hamilton Insurance Group

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.