Prudent Man Advisors LLC Purchases Shares of 1,996 Goosehead Insurance, Inc (NASDAQ:GSHD)

Prudent Man Advisors LLC purchased a new stake in shares of Goosehead Insurance, Inc (NASDAQ:GSHD) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,996 shares of the company’s stock, valued at approximately $214,000.

Several other large investors have also added to or reduced their stakes in GSHD. Illinois Municipal Retirement Fund boosted its stake in shares of Goosehead Insurance by 2.2% in the fourth quarter. Illinois Municipal Retirement Fund now owns 13,898 shares of the company’s stock worth $1,490,000 after buying an additional 299 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Goosehead Insurance by 2.4% in the fourth quarter. Los Angeles Capital Management LLC now owns 8,942 shares of the company’s stock worth $959,000 after buying an additional 210 shares during the last quarter. Alberta Investment Management Corp boosted its stake in shares of Goosehead Insurance by 232.8% in the fourth quarter. Alberta Investment Management Corp now owns 36,588 shares of the company’s stock worth $3,923,000 after buying an additional 25,595 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Goosehead Insurance in the fourth quarter worth about $63,000. Finally, Principal Financial Group Inc. boosted its stake in shares of Goosehead Insurance by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 118,854 shares of the company’s stock worth $12,744,000 after buying an additional 4,333 shares during the last quarter.

Goosehead Insurance Price Performance

NASDAQ:GSHD opened at $123.21 on Friday. Goosehead Insurance, Inc has a one year low of $50.47 and a one year high of $130.39. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market cap of $4.57 billion, a PE ratio of 171.13, a P/E/G ratio of 5.17 and a beta of 1.43. The stock has a 50 day moving average price of $108.66 and a 200 day moving average price of $103.69.

Goosehead Insurance Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a $5.91 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is a boost from Goosehead Insurance’s previous dividend of $1.63. Goosehead Insurance’s dividend payout ratio (DPR) is currently 400.00%.

Analyst Ratings Changes

GSHD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upped their target price on Goosehead Insurance from $110.00 to $127.00 and gave the stock an “outperform” rating in a research note on Wednesday. TD Cowen upped their price target on Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Truist Financial reaffirmed a “hold” rating and issued a $90.00 price target (up previously from $80.00) on shares of Goosehead Insurance in a report on Tuesday, February 25th. JPMorgan Chase & Co. upped their price target on Goosehead Insurance from $77.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Finally, BMO Capital Markets upped their price target on Goosehead Insurance from $90.00 to $120.00 and gave the stock a “market perform” rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $105.10.

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.