Corient Private Wealth LLC decreased its holdings in shares of Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,000 shares of the insurance provider's stock after selling 20,000 shares during the period. Corient Private Wealth LLC owned approximately 0.16% of Kingstone Companies worth $304,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Philadelphia Financial Management of San Francisco LLC purchased a new stake in shares of Kingstone Companies during the 3rd quarter valued at $1,658,000. State Street Corp raised its position in Kingstone Companies by 22.7% during the third quarter. State Street Corp now owns 30,229 shares of the insurance provider's stock valued at $277,000 after purchasing an additional 5,600 shares in the last quarter. Wolverine Trading LLC bought a new stake in Kingstone Companies during the third quarter worth about $304,000. Jane Street Group LLC purchased a new position in shares of Kingstone Companies in the 3rd quarter worth about $170,000. Finally, XTX Topco Ltd bought a new position in shares of Kingstone Companies during the 3rd quarter valued at about $290,000. 14.91% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Kingstone Companies from a "buy" rating to a "hold" rating in a research report on Thursday, March 20th.
Check Out Our Latest Analysis on Kingstone Companies
Kingstone Companies Trading Down 7.0 %
NASDAQ:KINS traded down $1.19 during trading hours on Friday, reaching $15.74. The company's stock had a trading volume of 428,362 shares, compared to its average volume of 193,743. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market capitalization of $216.13 million, a price-to-earnings ratio of 12.11 and a beta of 0.48. The firm has a 50-day simple moving average of $16.36 and a 200-day simple moving average of $14.05. Kingstone Companies, Inc. has a 1 year low of $3.93 and a 1 year high of $19.18.
About Kingstone Companies
(
Free Report)
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.
Further Reading
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