Empowered Funds LLC Buys Shares of 91,602 Hamilton Insurance Group, Ltd. (NYSE:HG)

Empowered Funds LLC 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 91,602 shares of the company's stock, valued at approximately $1,743,000. Empowered Funds LLC owned approximately 0.09% of Hamilton Insurance Group as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HG. Charles Schwab Investment Management Inc. increased its position in shares of Hamilton Insurance Group by 176.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 110,794 shares of the company's stock worth $2,143,000 after purchasing an additional 70,732 shares in the last quarter. Barclays PLC grew its stake in Hamilton Insurance Group by 845.0% during the 3rd quarter. Barclays PLC now owns 57,663 shares of the company's stock valued at $1,114,000 after acquiring an additional 51,561 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Hamilton Insurance Group in the 3rd quarter valued at about $525,000. Geode Capital Management LLC lifted its stake in Hamilton Insurance Group by 136.5% in the 3rd quarter. Geode Capital Management LLC now owns 475,553 shares of the company's stock worth $9,197,000 after purchasing an additional 274,483 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Hamilton Insurance Group by 90.0% during the 3rd quarter. Franklin Resources Inc. now owns 99,190 shares of the company's stock worth $1,845,000 after purchasing an additional 46,978 shares during the last quarter. Institutional investors and hedge funds own 29.17% of the company's stock.

Insider Buying and Selling

In related news, CAO Brian John Deegan sold 17,500 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $19.18, for a total value of $335,650.00. Following the sale, the chief accounting officer now directly owns 20,824 shares in the company, valued at approximately $399,404.32. The trade was a 45.66 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Barclays reduced their price objective on Hamilton Insurance Group from $26.00 to $24.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $22.20.

Hamilton Insurance Group Trading Down 1.7 %

Shares of Hamilton Insurance Group stock traded down $0.32 during mid-day trading on Wednesday, hitting $18.24. The stock had a trading volume of 263,000 shares, compared to its average volume of 404,987. The firm has a 50-day moving average of $18.95 and a two-hundred day moving average of $18.65. The firm has a market cap of $1.85 billion, a P/E ratio of 4.08 and a beta of 1.02. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.06. Hamilton Insurance Group, Ltd. has a 12-month low of $12.44 and a 12-month high of $20.71.

Hamilton Insurance Group Company Profile

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.