Hamilton Insurance Group, Ltd. (NYSE:HG) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its stake in Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 13.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 272,436 shares of the company's stock after selling 42,600 shares during the period. Segall Bryant & Hamill LLC owned about 0.27% of Hamilton Insurance Group worth $5,269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swiss National Bank purchased a new stake in Hamilton Insurance Group during the first quarter worth about $462,000. Vanguard Group Inc. acquired a new stake in Hamilton Insurance Group during the 1st quarter worth approximately $2,545,000. American International Group Inc. acquired a new stake in Hamilton Insurance Group during the 1st quarter worth approximately $115,000. Quadrature Capital Ltd purchased a new position in Hamilton Insurance Group in the 1st quarter valued at approximately $528,000. Finally, California State Teachers Retirement System acquired a new position in shares of Hamilton Insurance Group in the first quarter worth $233,000. Hedge funds and other institutional investors own 29.17% of the company's stock.

Hamilton Insurance Group Stock Up 2.4 %

Shares of Hamilton Insurance Group stock traded up $0.45 during trading hours on Friday, hitting $19.00. The company had a trading volume of 294,989 shares, compared to its average volume of 428,698. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The company's 50-day moving average is $18.34 and its two-hundred day moving average is $17.57. The company has a market cap of $1.93 billion and a P/E ratio of 4.25. Hamilton Insurance Group, Ltd. has a twelve month low of $12.44 and a twelve month high of $20.71.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.05. Hamilton Insurance Group had a net margin of 21.88% and a return on equity of 21.92%. The company had revenue of $512.84 million during the quarter, compared to the consensus estimate of $515.96 million. During the same quarter in the prior year, the firm posted $0.41 earnings per share. Analysts anticipate that Hamilton Insurance Group, Ltd. will post 4.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HG shares. Wells Fargo & Company lifted their target price on Hamilton Insurance Group from $20.00 to $21.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. Morgan Stanley cut shares of Hamilton Insurance Group from an "overweight" rating to an "equal weight" rating and set a $19.00 target price on the stock. in a report on Monday, August 19th. Keefe, Bruyette & Woods boosted their price target on shares of Hamilton Insurance Group from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Wednesday, August 14th. Barclays started coverage on shares of Hamilton Insurance Group in a report on Wednesday, September 4th. They issued an "overweight" rating and a $26.00 price objective on the stock. Finally, JMP Securities boosted their target price on shares of Hamilton Insurance Group from $23.00 to $25.00 and gave the stock a "market outperform" rating in a research note on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Hamilton Insurance Group currently has a consensus rating of "Moderate Buy" and an average target price of $21.43.

Hamilton Insurance Group Profile

Hamilton Insurance Group, Ltd., through its subsidiaries, provides underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property reinsurance and insurance; and specialty reinsurance solutions, including accident and health, aviation and space, crisis management, mortgage, financial lines, marine and energy, and multiline specialty.