Copeland Capital Management LLC Has $105.52 Million Stock Holdings in Kinsale Capital Group, Inc. (NYSE:KNSL)

Copeland Capital Management LLC trimmed its stake in Kinsale Capital Group, Inc. (NYSE:KNSL - Free Report) by 1.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 226,861 shares of the financial services provider's stock after selling 4,442 shares during the quarter. Kinsale Capital Group makes up 2.0% of Copeland Capital Management LLC's holdings, making the stock its 5th largest holding. Copeland Capital Management LLC owned about 0.97% of Kinsale Capital Group worth $105,520,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its position in shares of Kinsale Capital Group by 1.3% in the third quarter. State Street Corp now owns 689,386 shares of the financial services provider's stock worth $320,957,000 after acquiring an additional 8,954 shares in the last quarter. Geode Capital Management LLC grew its position in Kinsale Capital Group by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 528,708 shares of the financial services provider's stock worth $246,810,000 after purchasing an additional 29,686 shares in the last quarter. DAVENPORT & Co LLC raised its stake in Kinsale Capital Group by 9.6% during the 4th quarter. DAVENPORT & Co LLC now owns 511,869 shares of the financial services provider's stock valued at $238,193,000 after purchasing an additional 44,931 shares during the period. Geneva Capital Management LLC lifted its holdings in shares of Kinsale Capital Group by 1.3% in the third quarter. Geneva Capital Management LLC now owns 407,831 shares of the financial services provider's stock valued at $189,874,000 after purchasing an additional 5,207 shares in the last quarter. Finally, DF Dent & Co. Inc. boosted its position in shares of Kinsale Capital Group by 3.0% in the third quarter. DF Dent & Co. Inc. now owns 226,614 shares of the financial services provider's stock worth $105,505,000 after buying an additional 6,679 shares during the period. Hedge funds and other institutional investors own 85.36% of the company's stock.

Kinsale Capital Group Trading Up 4.9 %

KNSL traded up $22.54 during trading on Wednesday, reaching $479.83. 170,790 shares of the company's stock were exchanged, compared to its average volume of 200,857. The company's fifty day moving average price is $463.84 and its 200-day moving average price is $462.03. The firm has a market capitalization of $11.18 billion, a PE ratio of 27.35, a P/E/G ratio of 1.62 and a beta of 1.16. Kinsale Capital Group, Inc. has a fifty-two week low of $355.12 and a fifty-two week high of $548.47. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.09 and a current ratio of 0.09.

Kinsale Capital Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.15 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.13%. Kinsale Capital Group's dividend payout ratio is presently 3.42%.

Insider Buying and Selling at Kinsale Capital Group

In related news, Director James Joseph Ritchie sold 2,295 shares of the firm's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $499.79, for a total transaction of $1,147,018.05. Following the sale, the director now owns 7,348 shares of the company's stock, valued at approximately $3,672,456.92. This trade represents a 23.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Diane D. Schnupp sold 500 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $510.00, for a total value of $255,000.00. Following the completion of the transaction, the executive vice president now directly owns 6,994 shares of the company's stock, valued at approximately $3,566,940. The trade was a 6.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,235 shares of company stock valued at $3,618,954. 5.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on KNSL. BMO Capital Markets increased their price target on shares of Kinsale Capital Group from $445.00 to $461.00 and gave the stock a "market perform" rating in a research report on Thursday, November 21st. Jefferies Financial Group upped their price target on shares of Kinsale Capital Group from $444.00 to $471.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. Morgan Stanley began coverage on shares of Kinsale Capital Group in a research report on Thursday, December 5th. They set an "overweight" rating and a $593.00 target price on the stock. Wolfe Research raised shares of Kinsale Capital Group from a "peer perform" rating to an "outperform" rating and set a $535.00 price target for the company in a report on Monday, October 28th. Finally, Royal Bank of Canada dropped their price objective on shares of Kinsale Capital Group from $480.00 to $475.00 and set a "sector perform" rating on the stock in a report on Monday, October 28th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $468.89.

Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc, a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company's commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance.