Jump Financial LLC Has $894,000 Stock Position in Hamilton Insurance Group, Ltd. (NYSE:HG)

Jump Financial LLC reduced its stake in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 56.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,000 shares of the company's stock after selling 61,442 shares during the period. Jump Financial LLC's holdings in Hamilton Insurance Group were worth $894,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in HG. Sterling Capital Management LLC lifted its position in Hamilton Insurance Group by 295.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,517 shares of the company's stock worth $29,000 after acquiring an additional 1,133 shares during the last quarter. Spire Wealth Management bought a new position in shares of Hamilton Insurance Group in the fourth quarter worth about $38,000. Bfsg LLC acquired a new position in shares of Hamilton Insurance Group during the 4th quarter worth about $77,000. Morgan Dempsey Capital Management LLC bought a new stake in Hamilton Insurance Group during the 4th quarter valued at approximately $147,000. Finally, Bellecapital International Ltd. acquired a new stake in Hamilton Insurance Group in the 4th quarter valued at approximately $193,000. Institutional investors and hedge funds own 29.17% of the company's stock.

Analyst Upgrades and Downgrades

HG has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price target on Hamilton Insurance Group from $23.00 to $22.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Barclays set a $25.00 price target on shares of Hamilton Insurance Group and gave the company an "overweight" rating in a 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. Finally, Keefe, Bruyette & Woods increased their target price on shares of Hamilton Insurance Group from $23.00 to $25.00 and gave the company an "outperform" rating in a research note on Tuesday, March 11th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Hamilton Insurance Group currently has an average rating of "Moderate Buy" and a consensus target price of $23.60.

Hamilton Insurance Group Price Performance

Shares of NYSE:HG traded up $0.02 during midday trading on Friday, reaching $18.16. 570,888 shares of the company's stock were exchanged, compared to its average volume of 511,580. The firm has a market capitalization of $1.84 billion, a PE ratio of 4.06 and a beta of 0.47. The company's 50 day simple moving average is $19.51 and its two-hundred day simple moving average is $18.98. Hamilton Insurance Group, Ltd. has a 12 month low of $13.36 and a 12 month high of $21.68. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 0.77.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.32 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 business had revenue of $543.94 million for the quarter, compared to the consensus estimate of $460.17 million. Equities research analysts expect that Hamilton Insurance Group, Ltd. will post 4.1 earnings per share for the current fiscal year.

Insider Activity at Hamilton Insurance Group

In other Hamilton Insurance Group news, CEO Adrian Joseph Daws sold 3,785 shares of the company's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $21.00, for a total transaction of $79,485.00. Following the sale, the chief executive officer now directly owns 199,923 shares of the company's stock, valued at approximately $4,198,383. This represents a 1.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 15,000 shares of company stock valued at $311,566 in the last 90 days. 17.46% of the stock is owned by corporate insiders.

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.