Dimensional Fund Advisors LP Raises Stock Holdings in Kingstone Companies, Inc. (NASDAQ:KINS)

Dimensional Fund Advisors LP grew its position in Kingstone Companies, Inc. (NASDAQ:KINS - Free Report) by 12.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 132,980 shares of the insurance provider's stock after buying an additional 14,551 shares during the period. Dimensional Fund Advisors LP owned 1.08% of Kingstone Companies worth $2,020,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of KINS. Angel Oak Capital Advisors LLC purchased a new position in shares of Kingstone Companies in the 4th quarter valued at approximately $3,704,000. Marshall Wace LLP raised its position in Kingstone Companies by 223.5% during the 4th quarter. Marshall Wace LLP now owns 282,181 shares of the insurance provider's stock worth $4,286,000 after buying an additional 194,952 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Kingstone Companies during the 4th quarter worth approximately $2,371,000. LPL Financial LLC purchased a new position in Kingstone Companies during the 4th quarter worth approximately $1,105,000. Finally, Renaissance Technologies LLC raised its position in Kingstone Companies by 15.5% during the 4th quarter. Renaissance Technologies LLC now owns 515,989 shares of the insurance provider's stock worth $7,838,000 after buying an additional 69,400 shares during the last quarter. 14.91% of the stock is currently owned by institutional investors.

Kingstone Companies Price Performance

KINS traded down $0.52 on Tuesday, hitting $16.36. 20,698 shares of the company's stock were exchanged, compared to its average volume of 238,366. Kingstone Companies, Inc. has a fifty-two week low of $4.55 and a fifty-two week high of $22.40. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $17.01 and a 200-day moving average price of $15.92. The stock has a market cap of $224.65 million, a price-to-earnings ratio of 12.84 and a beta of 0.60.

Kingstone Companies (NASDAQ:KINS - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The insurance provider reported $0.17 EPS for the quarter. Kingstone Companies had a return on equity of 32.55% and a net margin of 10.60%. As a group, equities analysts anticipate that Kingstone Companies, Inc. will post 1.4 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Kingstone Companies from a "buy" rating to a "hold" rating in a research report on Saturday.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.