Corient Private Wealth LLC trimmed its holdings in Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 about 0.16% of Kingstone Companies worth $304,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Angel Oak Capital Advisors LLC acquired a new position in shares of Kingstone Companies in the 4th quarter valued at approximately $3,704,000. Philadelphia Financial Management of San Francisco LLC bought a new stake in shares of Kingstone Companies during the third quarter worth $1,658,000. Raymond James Financial Inc. acquired a new stake in shares of Kingstone Companies during the fourth quarter worth $2,371,000. Geode Capital Management LLC lifted its position in Kingstone Companies by 14.5% in the 3rd quarter. Geode Capital Management LLC now owns 95,950 shares of the insurance provider's stock valued at $878,000 after acquiring an additional 12,134 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its stake in Kingstone Companies by 138.6% in the 4th quarter. Ritholtz Wealth Management now owns 39,663 shares of the insurance provider's stock worth $602,000 after purchasing an additional 23,040 shares during the period. 14.91% of the stock is currently owned by institutional investors.
Kingstone Companies Stock Down 5.0 %
Shares of NASDAQ:KINS traded down $0.89 during trading on Thursday, hitting $16.93. 281,120 shares of the company were exchanged, compared to its average volume of 190,689. The stock has a market cap of $232.47 million, a price-to-earnings ratio of 13.02 and a beta of 0.71. Kingstone Companies, Inc. has a fifty-two week low of $3.93 and a fifty-two week high of $19.18. The firm has a fifty day moving average price of $16.32 and a two-hundred day moving average price of $13.99. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Kingstone Companies from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th.
Get Our Latest Stock Report on KINS
Kingstone Companies Company Profile
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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.
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