O Shaughnessy Asset Management LLC lifted its stake in shares of Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 132.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,694 shares of the insurance provider's stock after acquiring an additional 40,241 shares during the period. O Shaughnessy Asset Management LLC owned 0.57% of Kingstone Companies worth $1,074,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in Kingstone Companies during the fourth quarter worth about $26,000. Barclays PLC purchased a new stake in shares of Kingstone Companies in the 3rd quarter valued at approximately $49,000. JPMorgan Chase & Co. increased its holdings in shares of Kingstone Companies by 53,684.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,219 shares of the insurance provider's stock worth $94,000 after buying an additional 10,200 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Kingstone Companies during the 3rd quarter valued at approximately $170,000. Finally, Baader Bank Aktiengesellschaft purchased a new stake in shares of Kingstone Companies during the 4th quarter valued at approximately $191,000. Hedge funds and other institutional investors own 14.91% of the company's stock.
Kingstone Companies Trading Up 1.0 %
NASDAQ KINS traded up $0.16 during trading hours on Friday, reaching $16.60. The company had a trading volume of 184,427 shares, compared to its average volume of 197,667. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $227.93 million, a P/E ratio of 12.77 and a beta of 0.48. The stock has a 50-day moving average of $16.32 and a 200 day moving average of $14.32. Kingstone Companies, Inc. has a 1-year low of $3.93 and a 1-year high of $19.18.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Kingstone Companies from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th.
Get Our Latest Analysis on Kingstone Companies
Kingstone Companies Profile
(
Free Report)
Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.
Further Reading
Before you consider Kingstone Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingstone Companies wasn't on the list.
While Kingstone Companies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
