Tudor Investment Corp ET AL Increases Stock Holdings in Hamilton Insurance Group, Ltd. (NYSE:HG)

Tudor Investment Corp ET AL lifted its holdings in shares of Hamilton Insurance Group, Ltd. (NYSE:HG - Free Report) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 372,750 shares of the company's stock after buying an additional 34,185 shares during the period. Tudor Investment Corp ET AL owned approximately 0.37% of Hamilton Insurance Group worth $7,093,000 at the end of the most recent quarter.

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

Hamilton Insurance Group Price Performance

Shares of NYSE HG traded up $0.67 on Friday, hitting $18.84. The company's stock had a trading volume of 364,449 shares, compared to its average volume of 513,803. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a 50 day moving average of $19.55 and a 200-day moving average of $18.97. Hamilton Insurance Group, Ltd. has a 12-month low of $13.83 and a 12-month high of $21.68. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 4.21 and a beta of 0.47.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last announced its 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 net margin of 21.88% and a return on equity of 21.92%. The company had revenue of $543.94 million for the quarter, compared to analyst estimates of $460.17 million. As a group, research analysts predict that Hamilton Insurance Group, Ltd. will post 4.1 EPS for the current year.

Wall Street Analysts Forecast Growth

HG has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price objective on Hamilton Insurance Group from $23.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Barclays set a $25.00 target price on shares of Hamilton Insurance Group and gave the stock an "overweight" rating in a research report on Thursday, February 27th. JMP Securities set a $27.00 price target on shares of Hamilton Insurance Group in a research report on Friday, February 28th. Finally, Keefe, Bruyette & Woods raised their price objective on 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 research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $23.60.

Insider Buying and Selling

In other Hamilton Insurance Group news, CEO Adrian Joseph Daws sold 11,076 shares of the firm's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $20.69, for a total transaction of $229,162.44. Following the sale, the chief executive officer now directly owns 203,847 shares of the company's stock, valued at $4,217,594.43. This trade represents a 5.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders sold 15,000 shares of company stock worth $311,566. 17.46% of the stock is owned by corporate insiders.

About Hamilton Insurance Group

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.