Chicago Capital LLC Takes Position in Goosehead Insurance, Inc (NASDAQ:GSHD)

Chicago Capital LLC purchased a new position in shares of Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,993 shares of the company's stock, valued at approximately $321,000.

Other large investors also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. bought a new position in Goosehead Insurance during the third quarter worth about $29,000. GAMMA Investing LLC lifted its position in shares of Goosehead Insurance by 195.8% in the third quarter. GAMMA Investing LLC now owns 349 shares of the company's stock valued at $31,000 after buying an additional 231 shares during the last quarter. R Squared Ltd bought a new position in shares of Goosehead Insurance during the 4th quarter worth approximately $39,000. Blue Trust Inc. increased its holdings in shares of Goosehead Insurance by 567.6% during the 3rd quarter. Blue Trust Inc. now owns 474 shares of the company's stock worth $42,000 after acquiring an additional 403 shares during the last quarter. Finally, Financial Management Professionals Inc. bought a new stake in Goosehead Insurance in the 3rd quarter valued at $60,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on GSHD shares. JMP Securities increased their price objective on shares of Goosehead Insurance from $100.00 to $115.00 and gave the company a "market outperform" rating in a research report on Thursday, October 24th. BMO Capital Markets increased their price target on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a "market perform" rating in a report on Tuesday, November 19th. Piper Sandler boosted their price objective on Goosehead Insurance from $103.00 to $122.00 and gave the stock an "overweight" rating in a report on Monday, October 28th. TD Cowen upped their target price on Goosehead Insurance from $94.00 to $130.00 and gave the company a "hold" rating in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada lifted their price target on Goosehead Insurance from $95.00 to $109.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Goosehead Insurance has a consensus rating of "Hold" and an average target price of $99.20.

Goosehead Insurance Stock Up 4.5 %

NASDAQ:GSHD traded up $4.83 on Friday, hitting $112.44. The stock had a trading volume of 183,604 shares, compared to its average volume of 234,416. The company has a market cap of $4.17 billion, a PE ratio of 156.17, a P/E/G ratio of 5.03 and a beta of 1.43. Goosehead Insurance, Inc has a 52 week low of $50.47 and a 52 week high of $130.39. The business's fifty day moving average is $109.43 and its 200 day moving average is $100.32. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 37.70.

Goosehead Insurance Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were given a dividend of $5.91 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This is a boost from Goosehead Insurance's previous dividend of $1.63. Goosehead Insurance's dividend payout ratio (DPR) is currently 638.89%.

About Goosehead Insurance

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.