QQQ   303.59 (-0.85%)
AAPL   151.73 (-1.79%)
MSFT   256.77 (-0.61%)
META   186.06 (-0.25%)
GOOGL   102.90 (-1.79%)
AMZN   102.18 (-1.17%)
TSLA   194.76 (+2.52%)
NVDA   210.89 (-0.05%)
NIO   10.93 (-2.32%)
BABA   105.45 (-0.83%)
AMD   83.68 (-2.80%)
T   19.58 (-1.26%)
F   13.14 (-0.68%)
MU   59.98 (-3.89%)
CGC   2.95 (+1.03%)
GE   82.35 (+0.48%)
DIS   109.87 (-0.76%)
AMC   6.80 (+11.84%)
PFE   43.76 (-0.68%)
PYPL   82.33 (-3.73%)
NFLX   361.48 (-1.21%)
QQQ   303.59 (-0.85%)
AAPL   151.73 (-1.79%)
MSFT   256.77 (-0.61%)
META   186.06 (-0.25%)
GOOGL   102.90 (-1.79%)
AMZN   102.18 (-1.17%)
TSLA   194.76 (+2.52%)
NVDA   210.89 (-0.05%)
NIO   10.93 (-2.32%)
BABA   105.45 (-0.83%)
AMD   83.68 (-2.80%)
T   19.58 (-1.26%)
F   13.14 (-0.68%)
MU   59.98 (-3.89%)
CGC   2.95 (+1.03%)
GE   82.35 (+0.48%)
DIS   109.87 (-0.76%)
AMC   6.80 (+11.84%)
PFE   43.76 (-0.68%)
PYPL   82.33 (-3.73%)
NFLX   361.48 (-1.21%)
QQQ   303.59 (-0.85%)
AAPL   151.73 (-1.79%)
MSFT   256.77 (-0.61%)
META   186.06 (-0.25%)
GOOGL   102.90 (-1.79%)
AMZN   102.18 (-1.17%)
TSLA   194.76 (+2.52%)
NVDA   210.89 (-0.05%)
NIO   10.93 (-2.32%)
BABA   105.45 (-0.83%)
AMD   83.68 (-2.80%)
T   19.58 (-1.26%)
F   13.14 (-0.68%)
MU   59.98 (-3.89%)
CGC   2.95 (+1.03%)
GE   82.35 (+0.48%)
DIS   109.87 (-0.76%)
AMC   6.80 (+11.84%)
PFE   43.76 (-0.68%)
PYPL   82.33 (-3.73%)
NFLX   361.48 (-1.21%)
QQQ   303.59 (-0.85%)
AAPL   151.73 (-1.79%)
MSFT   256.77 (-0.61%)
META   186.06 (-0.25%)
GOOGL   102.90 (-1.79%)
AMZN   102.18 (-1.17%)
TSLA   194.76 (+2.52%)
NVDA   210.89 (-0.05%)
NIO   10.93 (-2.32%)
BABA   105.45 (-0.83%)
AMD   83.68 (-2.80%)
T   19.58 (-1.26%)
F   13.14 (-0.68%)
MU   59.98 (-3.89%)
CGC   2.95 (+1.03%)
GE   82.35 (+0.48%)
DIS   109.87 (-0.76%)
AMC   6.80 (+11.84%)
PFE   43.76 (-0.68%)
PYPL   82.33 (-3.73%)
NFLX   361.48 (-1.21%)

Illinois Municipal Retirement Fund Invests $662,000 in Kinsale Capital Group, Inc. (NYSE:KNSL)

Illinois Municipal Retirement Fund acquired a new position in shares of Kinsale Capital Group, Inc. (NYSE:KNSL - Get Rating) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,591 shares of the financial services provider's stock, valued at approximately $662,000.

A number of other hedge funds also recently made changes to their positions in KNSL. Victory Capital Management Inc. lifted its stake in Kinsale Capital Group by 83.6% in the third quarter. Victory Capital Management Inc. now owns 307,549 shares of the financial services provider's stock worth $78,555,000 after purchasing an additional 140,037 shares during the last quarter. Macquarie Group Ltd. lifted its stake in Kinsale Capital Group by 33.5% in the second quarter. Macquarie Group Ltd. now owns 446,626 shares of the financial services provider's stock worth $102,563,000 after purchasing an additional 112,060 shares during the last quarter. Prudential Financial Inc. lifted its stake in Kinsale Capital Group by 1,489.6% in the first quarter. Prudential Financial Inc. now owns 104,327 shares of the financial services provider's stock worth $23,788,000 after purchasing an additional 97,764 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in Kinsale Capital Group by 70.8% in the second quarter. Loomis Sayles & Co. L P now owns 189,571 shares of the financial services provider's stock worth $43,533,000 after purchasing an additional 78,608 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Kinsale Capital Group by 270.3% in the second quarter. Sei Investments Co. now owns 87,460 shares of the financial services provider's stock worth $20,112,000 after purchasing an additional 63,842 shares during the last quarter. 85.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades


Several equities analysts have recently commented on KNSL shares. Truist Financial upped their price objective on shares of Kinsale Capital Group from $285.00 to $335.00 in a research note on Monday, October 31st. Royal Bank of Canada upped their price objective on shares of Kinsale Capital Group from $275.00 to $350.00 and gave the company an "outperform" rating in a research note on Monday, October 31st. BMO Capital Markets started coverage on shares of Kinsale Capital Group in a research note on Thursday, January 19th. They set an "underperform" rating and a $230.00 price objective for the company. Jefferies Financial Group started coverage on shares of Kinsale Capital Group in a research note on Monday, December 12th. They set a "hold" rating and a $295.00 price objective for the company. Finally, StockNews.com started coverage on shares of Kinsale Capital Group in a research note on Wednesday, October 12th. They set a "hold" rating for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $308.00.

Insider Transactions at Kinsale Capital Group

In other news, Director James Joseph Ritchie sold 738 shares of the company's stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $314.35, for a total value of $231,990.30. Following the transaction, the director now owns 11,567 shares in the company, valued at $3,636,086.45. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director James Joseph Ritchie sold 738 shares of the stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $314.35, for a total transaction of $231,990.30. Following the transaction, the director now owns 11,567 shares in the company, valued at $3,636,086.45. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael P. Kehoe sold 3,500 shares of the stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $317.16, for a total transaction of $1,110,060.00. Following the transaction, the chief executive officer now owns 313,441 shares in the company, valued at approximately $99,410,947.56. The disclosure for this sale can be found here. Insiders own 6.20% of the company's stock.

Kinsale Capital Group Price Performance

Shares of KNSL opened at $274.87 on Wednesday. The stock has a market cap of $6.30 billion, a PE ratio of 45.28 and a beta of 0.89. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.18 and a current ratio of 0.18. Kinsale Capital Group, Inc. has a fifty-two week low of $180.05 and a fifty-two week high of $334.99. The firm's 50-day simple moving average is $283.21 and its two-hundred day simple moving average is $276.02.

Kinsale Capital Group (NYSE:KNSL - Get Rating) last issued its earnings results on Thursday, October 27th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.22. The firm had revenue of $216.96 million for the quarter, compared to the consensus estimate of $214.02 million. Kinsale Capital Group had a net margin of 18.45% and a return on equity of 24.56%. Analysts anticipate that Kinsale Capital Group, Inc. will post 7.35 earnings per share for the current fiscal year.

Kinsale Capital Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 13th. Stockholders of record on Wednesday, November 30th were paid a $0.13 dividend. The ex-dividend date was Tuesday, November 29th. This represents a $0.52 annualized dividend and a dividend yield of 0.19%. Kinsale Capital Group's dividend payout ratio is presently 8.57%.

Kinsale Capital Group Profile

(Get Rating)

Kinsale Capital Group, Inc, a specialty insurance company, provides property and casualty insurance products in the United States. The company's commercial lines offerings include construction, small business, excess and general casualty, commercial property, allied health, life sciences, energy, environmental, health care, inland marine, public entity, and commercial insurance, as well as product, professional, and management liability insurance.

Featured Stories

Want to see what other hedge funds are holding KNSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinsale Capital Group, Inc. (NYSE:KNSL - Get Rating).

Institutional Ownership by Quarter for Kinsale Capital Group (NYSE:KNSL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Kinsale Capital Group right now?

Before you consider Kinsale Capital Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinsale Capital Group wasn't on the list.

While Kinsale Capital Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Pot Stock Investing

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report
Beginners Guide To Pot Stock Investing Cover

Featured Articles and Offers

Search Headlines: