Rockefeller Capital Management L.P. Has $12.40 Million Holdings in Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD)

Rockefeller Capital Management L.P. boosted its holdings in shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD - Free Report) by 78.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 304,500 shares of the company's stock after acquiring an additional 133,855 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.76% of Skyward Specialty Insurance Group worth $12,402,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SKWD. Vanguard Group Inc. grew its position in shares of Skyward Specialty Insurance Group by 11.3% in the 1st quarter. Vanguard Group Inc. now owns 2,043,773 shares of the company's stock valued at $76,458,000 after purchasing an additional 207,744 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Skyward Specialty Insurance Group by 439.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 71,909 shares of the company's stock worth $2,691,000 after acquiring an additional 58,578 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Skyward Specialty Insurance Group by 311.2% during the first quarter. Janus Henderson Group PLC now owns 27,530 shares of the company's stock worth $1,029,000 after acquiring an additional 20,835 shares during the period. California State Teachers Retirement System boosted its stake in Skyward Specialty Insurance Group by 79.2% in the 1st quarter. California State Teachers Retirement System now owns 28,076 shares of the company's stock worth $1,050,000 after purchasing an additional 12,410 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Skyward Specialty Insurance Group in the 2nd quarter valued at about $1,601,000. 94.83% of the stock is owned by institutional investors and hedge funds.

Skyward Specialty Insurance Group Stock Up 0.4 %

Shares of NASDAQ SKWD traded up $0.19 during midday trading on Tuesday, hitting $54.16. 236,533 shares of the company's stock were exchanged, compared to its average volume of 351,407. Skyward Specialty Insurance Group, Inc. has a 12 month low of $29.40 and a 12 month high of $54.86. The company's 50 day moving average price is $46.68 and its 200 day moving average price is $40.86. The firm has a market capitalization of $2.17 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 0.98 and a beta of 0.76.

Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.06. The business had revenue of $300.89 million for the quarter, compared to analyst estimates of $292.43 million. Skyward Specialty Insurance Group had a net margin of 12.24% and a return on equity of 16.39%. During the same quarter in the prior year, the business earned $0.65 EPS. On average, equities research analysts anticipate that Skyward Specialty Insurance Group, Inc. will post 3.06 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SKWD. William Blair initiated coverage on Skyward Specialty Insurance Group in a report on Monday, August 19th. They set an "outperform" rating for the company. Barclays raised their price target on shares of Skyward Specialty Insurance Group from $44.00 to $45.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 30th. JMP Securities increased their target price on shares of Skyward Specialty Insurance Group from $50.00 to $53.00 and gave the stock a "market outperform" rating in a report on Wednesday, October 30th. Raymond James lifted their price target on shares of Skyward Specialty Insurance Group from $45.00 to $55.00 and gave the company a "strong-buy" rating in a research note on Tuesday, November 5th. Finally, Keefe, Bruyette & Woods raised their price objective on Skyward Specialty Insurance Group from $46.00 to $47.00 and gave the company an "outperform" rating in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $46.89.

About Skyward Specialty Insurance Group

Skyward Specialty Insurance Group, Inc, an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products.