American Integrity Insurance Group (NYSE:AII) Given "Sell (E+)" Rating at Weiss Ratings

Key Points

• American Integrity Insurance Group's stock has been given a reiterated rating of "Sell (E+)" by Weiss Ratings after a recent analysis.
• Despite the sell rating, several analysts, including Keefe, Bruyette & Woods and Piper Sandler, have raised their target prices and issued positive ratings, with an average target price of $24.60.
• The company's shares recently traded up 1.1% to $23.91, while reporting earnings of $1.84 per share, exceeding estimates.

American Integrity Insurance Group (NYSE:AII - Get Free Report)'s stock had its "sell (e+)" rating reiterated by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other analysts also recently issued reports on AII. Keefe, Bruyette & Woods boosted their target price on shares of American Integrity Insurance Group from $23.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday. Piper Sandler upped their price objective on shares of American Integrity Insurance Group from $22.00 to $27.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $24.00 price objective (up from $22.00) on shares of American Integrity Insurance Group in a report on Monday, September 22nd. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, American Integrity Insurance Group presently has an average rating of "Moderate Buy" and an average target price of $24.60.

American Integrity Insurance Group Trading Up 1.1%

Shares of NYSE AII traded up $0.27 during midday trading on Wednesday, hitting $23.91. 51,392 shares of the company's stock were exchanged, compared to its average volume of 133,337. The business's 50 day moving average is $19.92. American Integrity Insurance Group has a twelve month low of $15.77 and a twelve month high of $23.90.

American Integrity Insurance Group (NYSE:AII - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $1.84 earnings per share for the quarter, topping analysts' consensus estimates of $1.69 by $0.15.

Hedge Funds Weigh In On American Integrity Insurance Group

A number of hedge funds and other institutional investors have recently made changes to their positions in AII. FNY Investment Advisers LLC acquired a new stake in shares of American Integrity Insurance Group during the second quarter worth $45,000. Raymond James Financial Inc. bought a new position in shares of American Integrity Insurance Group in the 2nd quarter valued at about $101,000. XTX Topco Ltd bought a new position in shares of American Integrity Insurance Group in the 2nd quarter valued at about $192,000. Engineers Gate Manager LP bought a new position in shares of American Integrity Insurance Group in the 2nd quarter valued at about $248,000. Finally, Oxford Asset Management LLP bought a new stake in shares of American Integrity Insurance Group during the 2nd quarter worth about $273,000.

About American Integrity Insurance Group

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.

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