SG Americas Securities LLC Has $809,000 Holdings in Hamilton Insurance Group, Ltd. (NYSE:HG)

SG Americas Securities LLC raised its stake in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 126.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 39,025 shares of the company's stock after purchasing an additional 21,766 shares during the quarter. SG Americas Securities LLC's holdings in Hamilton Insurance Group were worth $809,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Voya Investment Management LLC raised its stake in shares of Hamilton Insurance Group by 3.2% in the 4th quarter. Voya Investment Management LLC now owns 21,675 shares of the company's stock valued at $412,000 after buying an additional 679 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Hamilton Insurance Group by 4.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,525 shares of the company's stock valued at $429,000 after acquiring an additional 886 shares during the period. Sterling Capital Management LLC raised its position in Hamilton Insurance Group by 295.1% in the fourth quarter. Sterling Capital Management LLC now owns 1,517 shares of the company's stock worth $29,000 after purchasing an additional 1,133 shares in the last quarter. California State Teachers Retirement System lifted its stake in Hamilton Insurance Group by 5.9% during the fourth quarter. California State Teachers Retirement System now owns 26,745 shares of the company's stock worth $509,000 after purchasing an additional 1,501 shares during the period. Finally, MetLife Investment Management LLC boosted its holdings in Hamilton Insurance Group by 6.9% during the fourth quarter. MetLife Investment Management LLC now owns 24,525 shares of the company's stock valued at $467,000 after purchasing an additional 1,586 shares in the last quarter. Institutional investors and hedge funds own 29.17% of the company's stock.

Hamilton Insurance Group Price Performance

HG traded up $0.10 during trading on Friday, hitting $20.91. The company's stock had a trading volume of 358,832 shares, compared to its average volume of 532,945. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 6.90 and a beta of 0.91. The firm's 50 day moving average price is $20.08 and its two-hundred day moving average price is $19.59. Hamilton Insurance Group, Ltd. has a 12 month low of $15.19 and a 12 month high of $22.33.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.43. Hamilton Insurance Group had a return on equity of 12.41% and a net margin of 13.28%. The company had revenue of $843.31 million during the quarter, compared to analyst estimates of $498.00 million. Sell-side analysts forecast that Hamilton Insurance Group, Ltd. will post 4.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Hamilton Insurance Group news, CEO Adrian Joseph Daws sold 6,000 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $22.00, for a total value of $132,000.00. Following the transaction, the chief executive officer now directly owns 190,440 shares in the company, valued at approximately $4,189,680. This trade represents a 3.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Therese M. Vaughan bought 4,750 shares of the stock in a transaction dated Monday, May 19th. The stock was purchased at an average cost of $21.05 per share, with a total value of $99,987.50. Following the completion of the purchase, the director now directly owns 20,892 shares in the company, valued at approximately $439,776.60. This trade represents a 29.43% increase in their position. The disclosure for this purchase can be found here. Insiders own 17.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HG shares. Barclays set a $25.00 price objective on Hamilton Insurance Group and gave the company an "overweight" rating in a research note on Thursday, February 27th. Wells Fargo & Company lowered their price target on Hamilton Insurance Group from $23.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, April 10th. Keefe, Bruyette & Woods increased their price objective on Hamilton Insurance Group from $23.00 to $25.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 11th. Morgan Stanley boosted their target price on shares of Hamilton Insurance Group from $19.00 to $20.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Finally, JMP Securities set a $27.00 target price on shares of Hamilton Insurance Group in a research report on Friday, February 28th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $23.67.

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.