Fuller & Thaler Asset Management Inc. Has $9.97 Million Stock Holdings in James River Group Holdings, Ltd. (NASDAQ:JRVR)

Fuller & Thaler Asset Management Inc. decreased its holdings in James River Group Holdings, Ltd. (NASDAQ:JRVR - Free Report) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,046,299 shares of the insurance provider's stock after selling 99,578 shares during the period. Fuller & Thaler Asset Management Inc. owned about 5.41% of James River Group worth $9,965,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in JRVR. RBF Capital LLC increased its holdings in James River Group by 3.7% in the fourth quarter. RBF Capital LLC now owns 1,113,149 shares of the insurance provider's stock worth $5,421,000 after buying an additional 39,321 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in James River Group by 2.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,739,840 shares of the insurance provider's stock worth $18,214,000 after buying an additional 83,839 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in James River Group by 101.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 850,526 shares of the insurance provider's stock worth $4,144,000 after buying an additional 428,636 shares during the last quarter. MetLife Investment Management LLC increased its holdings in James River Group by 110.6% in the fourth quarter. MetLife Investment Management LLC now owns 22,605 shares of the insurance provider's stock worth $110,000 after buying an additional 11,870 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in James River Group by 14.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 617,071 shares of the insurance provider's stock valued at $3,005,000 after purchasing an additional 76,605 shares during the last quarter. Institutional investors and hedge funds own 95.21% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on JRVR shares. Keefe, Bruyette & Woods lowered their price target on James River Group from $6.00 to $5.00 and set a "market perform" rating on the stock in a report on Thursday, March 13th. Compass Point lowered their price target on James River Group from $7.75 to $6.25 and set a "buy" rating on the stock in a report on Monday, March 10th. Truist Financial lowered their price target on James River Group from $6.00 to $5.00 and set a "hold" rating on the stock in a report on Tuesday, March 11th. StockNews.com downgraded James River Group from a "hold" rating to a "sell" rating in a report on Wednesday, March 26th. Finally, Citigroup reissued a "hold" rating on shares of James River Group in a research report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $6.06.

James River Group Stock Performance

JRVR stock traded up $0.05 during midday trading on Monday, hitting $4.43. The stock had a trading volume of 116,713 shares, compared to its average volume of 345,596. The firm has a market capitalization of $202.20 million, a price-to-earnings ratio of -1.09 and a beta of 0.04. James River Group Holdings, Ltd. has a 52 week low of $3.00 and a 52 week high of $9.17. The stock has a 50-day simple moving average of $4.24 and a 200 day simple moving average of $4.82. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.38.

James River Group (NASDAQ:JRVR - Get Free Report) last released its quarterly earnings data on Monday, March 3rd. The insurance provider reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.66). James River Group had a positive return on equity of 3.90% and a negative net margin of 20.84%. The company had revenue of $126.71 million for the quarter, compared to analyst estimates of $159.91 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. As a group, equities research analysts anticipate that James River Group Holdings, Ltd. will post -0.35 earnings per share for the current year.

James River Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were paid a dividend of $0.01 per share. The ex-dividend date was Monday, March 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.90%. James River Group's dividend payout ratio (DPR) is currently -1.38%.

James River Group Company Profile

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance in the United States Puerto Rice, and the United States Virgin Islands.