Boston Partners Takes $1.16 Million Position in Hamilton Insurance Group, Ltd. (NYSE:HG)

Boston Partners purchased a new stake in Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 61,181 shares of the company's stock, valued at approximately $1,164,000. Boston Partners owned approximately 0.06% of Hamilton Insurance Group as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Landscape Capital Management L.L.C. purchased a new position in Hamilton Insurance Group in the 3rd quarter valued at about $197,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Hamilton Insurance Group by 176.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 110,794 shares of the company's stock worth $2,143,000 after acquiring an additional 70,732 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Hamilton Insurance Group during the third quarter worth approximately $270,000. Prospector Partners LLC acquired a new position in Hamilton Insurance Group in the 3rd quarter valued at $441,000. Finally, Quantbot Technologies LP lifted its holdings in Hamilton Insurance Group by 154.5% in the 3rd quarter. Quantbot Technologies LP now owns 101,901 shares of the company's stock valued at $1,971,000 after purchasing an additional 61,859 shares in the last quarter. 29.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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Hamilton Insurance Group Trading Down 1.0 %

Hamilton Insurance Group stock traded down $0.21 during mid-day trading on Wednesday, hitting $21.22. The company's stock had a trading volume of 483,889 shares, compared to its average volume of 457,676. The stock's fifty day moving average is $19.51 and its two-hundred day moving average is $18.91. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $2.15 billion, a PE ratio of 4.75 and a beta of 0.92. Hamilton Insurance Group, Ltd. has a 1 year low of $12.44 and a 1 year high of $21.68.

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

Insider Buying and Selling at Hamilton Insurance Group

In related news, CEO Adrian Joseph Daws sold 3,785 shares of the business's stock in a transaction 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 in the company, valued at approximately $4,198,383. The trade was a 1.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 15,000 shares of company stock worth $311,566 over the last three months. Insiders own 2.70% of the company's stock.

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.