Sei Investments Co. Buys 28,452 Shares of Hamilton Insurance Group, Ltd. (NYSE:HG)

Sei Investments Co. increased its stake in Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 285,055 shares of the company's stock after acquiring an additional 28,452 shares during the quarter. Sei Investments Co. owned 0.28% of Hamilton Insurance Group worth $5,425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Partners acquired a new position in shares of Hamilton Insurance Group during the fourth quarter valued at about $1,164,000. Intech Investment Management LLC bought a new stake in Hamilton Insurance Group in the 4th quarter valued at about $431,000. Swiss National Bank increased its position in Hamilton Insurance Group by 8.6% in the 4th quarter. Swiss National Bank now owns 54,300 shares of the company's stock valued at $1,033,000 after buying an additional 4,300 shares in the last quarter. Victory Capital Management Inc. acquired a new position in Hamilton Insurance Group during the 4th quarter worth approximately $2,362,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Hamilton Insurance Group by 15.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 128,136 shares of the company's stock worth $2,438,000 after acquiring an additional 17,342 shares in the last quarter. 29.17% of the stock is owned by institutional investors.

Hamilton Insurance Group Price Performance

HG traded down $1.81 on Friday, reaching $19.27. The company had a trading volume of 847,223 shares, compared to its average volume of 492,203. Hamilton Insurance Group, Ltd. has a 52-week low of $12.44 and a 52-week high of $21.68. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 4.31 and a beta of 0.47. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 0.77. The business has a 50 day simple moving average of $19.78 and a 200 day simple moving average of $19.05.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.44). Hamilton Insurance Group had a return on equity of 21.92% and a net margin of 21.88%. The company had revenue of $543.94 million for the quarter, compared to the consensus estimate of $460.17 million. As a group, sell-side analysts anticipate that Hamilton Insurance Group, Ltd. will post 4.1 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HG. Barclays set a $25.00 target price on Hamilton Insurance Group and gave the stock an "overweight" rating in a research report on Thursday, February 27th. JMP Securities set a $27.00 price objective on shares of Hamilton Insurance Group in a report on Friday, February 28th. Keefe, Bruyette & Woods boosted their target price on shares of Hamilton Insurance Group from $23.00 to $25.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 11th. Finally, Wells Fargo & Company raised their price target on shares of Hamilton Insurance Group from $21.00 to $23.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.80.

Insider Activity

In other news, CEO Adrian Joseph Daws sold 3,785 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $21.00, for a total value of $79,485.00. Following the completion of the sale, the chief executive officer now owns 199,923 shares of the company's stock, valued at approximately $4,198,383. This represents a 1.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 15,000 shares of company stock worth $311,566. 2.70% of the stock is currently owned by insiders.

About Hamilton Insurance Group

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.