Fox Run Management L.L.C. Buys New Position in Hamilton Insurance Group, Ltd. (NYSE:HG)

Fox Run Management L.L.C. acquired a new position in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,368 shares of the company's stock, valued at approximately $235,000.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP boosted its position in Hamilton Insurance Group by 448.5% in the third quarter. Quarry LP now owns 1,640 shares of the company's stock worth $32,000 after purchasing an additional 1,341 shares during the last quarter. Spire Wealth Management purchased a new position in shares of Hamilton Insurance Group in the 4th quarter worth about $38,000. Bfsg LLC purchased a new position in shares of Hamilton Insurance Group in the 4th quarter worth about $77,000. Toronto Dominion Bank purchased a new stake in Hamilton Insurance Group during the third quarter worth about $97,000. Finally, Morgan Dempsey Capital Management LLC purchased a new stake in Hamilton Insurance Group during the fourth quarter worth about $147,000. Institutional investors own 29.17% of the company's stock.

Insider Transactions at Hamilton Insurance Group

In other news, CEO Adrian Joseph Daws sold 3,785 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $21.00, for a total value of $79,485.00. Following the transaction, the chief executive officer now owns 199,923 shares of the company's stock, valued at approximately $4,198,383. This represents a 1.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders have sold 15,000 shares of company stock valued at $311,566. 2.70% of the stock is currently owned by corporate insiders.

Hamilton Insurance Group Stock Performance

Shares of NYSE:HG traded up $0.50 during trading on Tuesday, hitting $21.23. 527,123 shares of the company were exchanged, compared to its average volume of 485,027. Hamilton Insurance Group, Ltd. has a 52-week low of $12.44 and a 52-week high of $21.68. The stock has a 50 day moving average of $19.69 and a 200 day moving average of $19.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $2.15 billion, a PE ratio of 4.75 and a beta of 0.92.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.44). The company 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%. As a group, equities research analysts predict that Hamilton Insurance Group, Ltd. will post 4.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HG. Barclays set a $25.00 target price on shares of Hamilton Insurance Group and gave the company an "overweight" rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their target price on Hamilton Insurance Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. JMP Securities set a $27.00 price target on Hamilton Insurance Group in a research report on Friday, February 28th. Finally, Keefe, Bruyette & Woods lifted their price objective on Hamilton Insurance Group from $23.00 to $25.00 and gave the stock an "outperform" rating in a report on Tuesday, March 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Hamilton Insurance Group has a consensus rating of "Moderate Buy" and an average price target of $23.80.

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.