Renaissance Technologies LLC Acquires 69,400 Shares of Kingstone Companies, Inc. (NASDAQ:KINS)

Renaissance Technologies LLC grew its holdings in shares of Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 515,989 shares of the insurance provider's stock after purchasing an additional 69,400 shares during the period. Renaissance Technologies LLC owned approximately 4.18% of Kingstone Companies worth $7,838,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new stake in shares of Kingstone Companies in the fourth quarter valued at $26,000. Barclays PLC bought a new stake in shares of Kingstone Companies in the 3rd quarter worth approximately $49,000. JPMorgan Chase & Co. lifted its holdings in shares of Kingstone Companies by 53,684.2% during the third quarter. JPMorgan Chase & Co. now owns 10,219 shares of the insurance provider's stock valued at $94,000 after purchasing an additional 10,200 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Kingstone Companies during the fourth quarter valued at approximately $191,000. Finally, Trexquant Investment LP purchased a new position in shares of Kingstone Companies during the fourth quarter valued at $247,000. Institutional investors and hedge funds own 14.91% of the company's stock.

Kingstone Companies Stock Up 3.0 %

Shares of NASDAQ KINS traded up $0.53 during mid-day trading on Thursday, reaching $18.17. 93,377 shares of the company traded hands, compared to its average volume of 204,268. The company's fifty day moving average is $16.18 and its two-hundred day moving average is $14.79. Kingstone Companies, Inc. has a fifty-two week low of $4.01 and a fifty-two week high of $19.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market cap of $249.44 million, a PE ratio of 13.90 and a beta of 0.48.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Kingstone Companies from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th.

Kingstone Companies Company Profile

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.