Segall Bryant & Hamill LLC Has $5.27 Million Stock Holdings in Hamilton Insurance Group, Ltd. (NYSE:HG)

Segall Bryant & Hamill LLC lowered its stake in Hamilton Insurance Group, Ltd. (NYSE:HG) by 13.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 272,436 shares of the company’s stock after selling 42,600 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.27% of Hamilton Insurance Group worth $5,269,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Hamilton Insurance Group in the second quarter valued at $34,000. Financial Management Professionals Inc. acquired a new stake in Hamilton Insurance Group in the 3rd quarter valued at about $34,000. US Bancorp DE bought a new position in Hamilton Insurance Group during the third quarter worth about $107,000. American International Group Inc. acquired a new position in Hamilton Insurance Group during the first quarter worth approximately $115,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Hamilton Insurance Group in the second quarter valued at approximately $156,000. Institutional investors own 29.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. JMP Securities boosted their target price on Hamilton Insurance Group from $23.00 to $25.00 and gave the stock a “market outperform” rating in a report on Thursday, August 8th. Keefe, Bruyette & Woods lifted their target price on shares of Hamilton Insurance Group from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Wednesday, August 14th. Morgan Stanley cut shares of Hamilton Insurance Group from an “overweight” rating to an “equal weight” rating and set a $19.00 price target on the stock. in a report on Monday, August 19th. Barclays began coverage on shares of Hamilton Insurance Group in a research report on Wednesday, September 4th. They set an “overweight” rating and a $26.00 price objective for the company. Finally, Wells Fargo & Company increased their target price on Hamilton Insurance Group from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $21.43.

Hamilton Insurance Group Stock Up 2.4 %

NYSE HG opened at $19.00 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.93 billion and a price-to-earnings ratio of 4.15. The company has a 50 day moving average of $18.32 and a 200-day moving average of $17.54. Hamilton Insurance Group, Ltd. has a 1-year low of $12.44 and a 1-year high of $20.71.

Hamilton Insurance Group (NYSE:HG) last released its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05. Hamilton Insurance Group had a return on equity of 21.92% and a net margin of 21.88%. The firm had revenue of $512.84 million during the quarter, compared to the consensus estimate of $515.96 million. During the same period in the prior year, the company posted $0.41 EPS. On average, equities research analysts expect that Hamilton Insurance Group, Ltd. will post 4.03 earnings per share for the current fiscal year.

Hamilton Insurance Group Company 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.