Pathstone Holdings LLC Sells 1,306 Shares of Kinsale Capital Group, Inc. (NYSE:KNSL)

Pathstone Holdings LLC lowered its position in Kinsale Capital Group, Inc. (NYSE:KNSL - Free Report) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,362 shares of the financial services provider's stock after selling 1,306 shares during the period. Pathstone Holdings LLC owned approximately 0.08% of Kinsale Capital Group worth $8,541,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KNSL. Whittier Trust Co. of Nevada Inc. lifted its position in Kinsale Capital Group by 11.7% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 200 shares of the financial services provider's stock worth $93,000 after buying an additional 21 shares during the period. Ballentine Partners LLC raised its holdings in shares of Kinsale Capital Group by 4.6% in the 4th quarter. Ballentine Partners LLC now owns 573 shares of the financial services provider's stock worth $267,000 after purchasing an additional 25 shares during the period. Coldstream Capital Management Inc. raised its holdings in shares of Kinsale Capital Group by 1.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 1,469 shares of the financial services provider's stock worth $683,000 after purchasing an additional 25 shares during the period. Caprock Group LLC lifted its position in Kinsale Capital Group by 1.7% during the fourth quarter. Caprock Group LLC now owns 1,653 shares of the financial services provider's stock valued at $769,000 after buying an additional 28 shares in the last quarter. Finally, Fielder Capital Group LLC boosted its position in Kinsale Capital Group by 5.5% during the 4th quarter. Fielder Capital Group LLC now owns 595 shares of the financial services provider's stock worth $277,000 after purchasing an additional 31 shares during the period. 85.36% of the stock is owned by hedge funds and other institutional investors.

Kinsale Capital Group Price Performance

Shares of KNSL traded down $0.99 during mid-day trading on Thursday, reaching $463.04. The company had a trading volume of 32,480 shares, compared to its average volume of 200,628. The company's 50-day moving average is $465.64 and its 200-day moving average is $462.60. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.09 and a quick ratio of 0.09. Kinsale Capital Group, Inc. has a twelve month low of $366.92 and a twelve month high of $531.79. The company has a market capitalization of $10.79 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.66 and a beta of 1.29.

Kinsale Capital Group (NYSE:KNSL - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The financial services provider reported $3.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.56. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $425.73 million. Kinsale Capital Group had a return on equity of 28.04% and a net margin of 26.13%. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.50 EPS. On average, equities analysts anticipate that Kinsale Capital Group, Inc. will post 17.72 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Royal Bank of Canada restated a "sector perform" rating and issued a $500.00 target price on shares of Kinsale Capital Group in a research note on Tuesday, February 18th. JMP Securities restated a "market perform" rating on shares of Kinsale Capital Group in a report on Friday, February 14th. JPMorgan Chase & Co. reduced their price target on shares of Kinsale Capital Group from $402.00 to $400.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Morgan Stanley lifted their price target on shares of Kinsale Capital Group from $490.00 to $525.00 and gave the company an "overweight" rating in a report on Monday. Finally, Truist Financial dropped their price target on shares of Kinsale Capital Group from $525.00 to $500.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $484.57.

About Kinsale Capital Group

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