Jacobson & Schmitt Advisors LLC Reduces Holdings in Goosehead Insurance, Inc (NASDAQ:GSHD)

Jacobson & Schmitt Advisors LLC trimmed its holdings in Goosehead Insurance, Inc (NASDAQ:GSHD - Free Report) by 15.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 119,632 shares of the company's stock after selling 22,010 shares during the period. Goosehead Insurance makes up about 2.5% of Jacobson & Schmitt Advisors LLC's holdings, making the stock its 18th largest holding. Jacobson & Schmitt Advisors LLC owned approximately 0.32% of Goosehead Insurance worth $12,827,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GSHD. Whittier Trust Co. of Nevada Inc. purchased a new position in Goosehead Insurance in the third quarter worth approximately $29,000. R Squared Ltd acquired a new position in Goosehead Insurance during the fourth quarter worth $39,000. Blue Trust Inc. lifted its stake in Goosehead Insurance by 567.6% during the third quarter. Blue Trust Inc. now owns 474 shares of the company's stock worth $42,000 after purchasing an additional 403 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in Goosehead Insurance during the third quarter worth $60,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Goosehead Insurance during the third quarter worth $63,000.

Analyst Ratings Changes

A number of research firms have commented on GSHD. BMO Capital Markets upped their price target on Goosehead Insurance from $90.00 to $120.00 and gave the stock a "market perform" rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. upped their price target on Goosehead Insurance from $77.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, January 3rd. Piper Sandler upped their price target on Goosehead Insurance from $103.00 to $122.00 and gave the stock an "overweight" rating in a research note on Monday, October 28th. Finally, TD Cowen upped their price target on Goosehead Insurance from $94.00 to $130.00 and gave the stock a "hold" rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Goosehead Insurance presently has an average rating of "Hold" and an average target price of $99.20.

Goosehead Insurance Stock Down 3.2 %

NASDAQ:GSHD traded down $3.47 during trading hours on Friday, hitting $106.68. The company's stock had a trading volume of 271,839 shares, compared to its average volume of 190,677. The stock has a market capitalization of $3.96 billion, a P/E ratio of 148.17, a price-to-earnings-growth ratio of 5.17 and a beta of 1.43. The stock has a fifty day moving average of $107.77 and a 200-day moving average of $102.33. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70. Goosehead Insurance, Inc has a 52-week low of $50.47 and a 52-week high of $130.39.

Goosehead Insurance Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a $5.91 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Goosehead Insurance's previous dividend of $1.63.

Goosehead Insurance Profile

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.