Goosehead Insurance, Inc (NASDAQ:GSHD) Stock Holdings Lowered by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Goosehead Insurance, Inc (NASDAQ:GSHD) by 20.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,507 shares of the company’s stock after selling 4,638 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Goosehead Insurance were worth $1,877,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Alliancebernstein L.P. boosted its stake in shares of Goosehead Insurance by 18.5% during the 4th quarter. Alliancebernstein L.P. now owns 27,725 shares of the company’s stock worth $2,973,000 after acquiring an additional 4,335 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in shares of Goosehead Insurance in the 4th quarter valued at $328,000. Arrowstreet Capital Limited Partnership increased its stake in Goosehead Insurance by 312.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 109,621 shares of the company’s stock worth $11,754,000 after purchasing an additional 83,028 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in Goosehead Insurance by 10.0% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,792 shares of the company’s stock worth $299,000 after buying an additional 254 shares during the period. Finally, New Age Alpha Advisors LLC purchased a new stake in Goosehead Insurance during the fourth quarter valued at about $148,000.

Insider Transactions at Goosehead Insurance

In related news, CFO Mark E. Jr. Jones purchased 1,010 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was bought at an average price of $118.02 per share, for a total transaction of $119,200.20. Following the purchase, the chief financial officer now owns 2,342 shares in the company, valued at $276,402.84. The trade was a 75.83 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas Mcconnon sold 205,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $121.35, for a total value of $24,876,750.00. Following the completion of the transaction, the director now directly owns 339,008 shares in the company, valued at $41,138,620.80. The trade was a 37.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 308,812 shares of company stock worth $37,392,258 in the last 90 days. 48.35% of the stock is owned by insiders.

Goosehead Insurance Stock Up 3.2 %

Shares of Goosehead Insurance stock opened at $121.83 on Thursday. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 169.21, a P/E/G ratio of 5.17 and a beta of 1.49. The stock has a 50-day simple moving average of $114.18 and a 200-day simple moving average of $109.09. Goosehead Insurance, Inc has a 52-week low of $50.47 and a 52-week high of $130.39. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55.

Goosehead Insurance Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were given a $5.91 dividend. This is an increase from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st. Goosehead Insurance’s payout ratio is currently 400.00%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GSHD shares. Truist Financial restated a “hold” rating and set a $90.00 price target (up previously from $80.00) on shares of Goosehead Insurance in a report on Tuesday, February 25th. UBS Group boosted their target price on shares of Goosehead Insurance from $120.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, March 7th. JPMorgan Chase & Co. raised their target price on Goosehead Insurance from $77.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Bank of America upped their price target on Goosehead Insurance from $39.00 to $43.00 and gave the company an “underperform” rating in a research report on Tuesday, February 25th. Finally, Keefe, Bruyette & Woods raised their price objective on Goosehead Insurance from $110.00 to $127.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Goosehead Insurance presently has a consensus rating of “Hold” and an average price target of $109.10.

Goosehead Insurance Company Profile

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.