TimesSquare Capital Management LLC Has $1.41 Million Position in Bowhead Specialty Holdings Inc. (NYSE:BOW)

TimesSquare Capital Management LLC cut its holdings in Bowhead Specialty Holdings Inc. (NYSE:BOW - Free Report) by 39.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,576 shares of the company's stock after selling 25,610 shares during the period. TimesSquare Capital Management LLC owned about 0.12% of Bowhead Specialty worth $1,406,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Emerald Mutual Fund Advisers Trust lifted its position in Bowhead Specialty by 0.5% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 194,333 shares of the company's stock valued at $5,443,000 after purchasing an additional 937 shares during the last quarter. New York State Common Retirement Fund bought a new stake in Bowhead Specialty in the 4th quarter valued at about $64,000. The Manufacturers Life Insurance Company lifted its position in Bowhead Specialty by 5.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 60,508 shares of the company's stock valued at $1,695,000 after purchasing an additional 2,976 shares during the last quarter. MetLife Investment Management LLC bought a new stake in Bowhead Specialty in the 3rd quarter valued at about $123,000. Finally, New Vernon Investment Management LLC bought a new stake in Bowhead Specialty in the 3rd quarter valued at about $127,000.

Analyst Ratings Changes

BOW has been the topic of a number of recent analyst reports. Royal Bank of Canada boosted their price target on shares of Bowhead Specialty from $32.00 to $35.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 6th. JMP Securities boosted their price target on shares of Bowhead Specialty from $32.00 to $33.00 and gave the stock a "market outperform" rating in a research report on Wednesday, November 6th. Keefe, Bruyette & Woods boosted their price target on shares of Bowhead Specialty from $36.00 to $44.00 and gave the stock a "market perform" rating in a research report on Friday, January 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Bowhead Specialty from $26.00 to $30.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Bowhead Specialty presently has a consensus rating of "Hold" and a consensus target price of $33.60.

Bowhead Specialty Stock Performance

NYSE BOW traded down $0.61 during trading on Friday, hitting $31.13. The company's stock had a trading volume of 47,293 shares, compared to its average volume of 97,346. The firm has a 50 day moving average price of $33.24 and a 200 day moving average price of $31.68. Bowhead Specialty Holdings Inc. has a 52 week low of $22.14 and a 52 week high of $37.81.

Bowhead Specialty Company Profile

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.