4,063 Shares in Hamilton Insurance Group, Ltd. (NYSE:HG) Acquired by Bfsg LLC

Bfsg LLC acquired a new stake in Hamilton Insurance Group, Ltd. (NYSE:HG) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 4,063 shares of the company’s stock, valued at approximately $77,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HG. Quarry LP increased its stake in Hamilton Insurance Group by 448.5% in the 3rd quarter. Quarry LP now owns 1,640 shares of the company’s stock worth $32,000 after buying an additional 1,341 shares during the period. Financial Management Professionals Inc. bought a new position in Hamilton Insurance Group in the 3rd quarter worth about $34,000. Spire Wealth Management bought a new position in Hamilton Insurance Group in the 4th quarter worth about $38,000. Rhumbline Advisers increased its position in shares of Hamilton Insurance Group by 6.9% during the fourth quarter. Rhumbline Advisers now owns 57,207 shares of the company’s stock worth $1,089,000 after acquiring an additional 3,699 shares during the period. Finally, Toronto Dominion Bank bought a new stake in shares of Hamilton Insurance Group during the third quarter valued at approximately $97,000. Hedge funds and other institutional investors own 29.17% of the company’s stock.

Hamilton Insurance Group Price Performance

Shares of HG opened at $18.24 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 0.77. The company has a 50 day moving average price of $18.92 and a 200-day moving average price of $18.66. Hamilton Insurance Group, Ltd. has a fifty-two week low of $12.44 and a fifty-two week high of $20.71. The stock has a market capitalization of $1.85 billion, a PE ratio of 4.08 and a beta of 1.02.

Insider Buying and Selling

In other Hamilton Insurance Group news, CAO Brian John Deegan sold 17,500 shares of Hamilton Insurance Group stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $19.18, for a total value of $335,650.00. Following the transaction, the chief accounting officer now owns 20,824 shares in the company, valued at $399,404.32. The trade was a 45.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Barclays dropped their price objective on Hamilton Insurance Group from $26.00 to $24.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.20.

Hamilton Insurance Group 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.