National Security Group Inc (NASDAQ:NSEC) major shareholder Andrew J. Abernathey bought 1,100 shares of National Security Group stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average price of $13.50 per share, with a total value of $14,850.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
NASDAQ NSEC opened at $12.80 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a 50-day simple moving average of $12.61 and a 200 day simple moving average of $11.93. National Security Group Inc has a twelve month low of $10.01 and a twelve month high of $14.31. The stock has a market cap of $31.73 million, a PE ratio of 27.55 and a beta of -0.03.
The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 4th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from National Security Group’s previous quarterly dividend of $0.05.
An institutional investor recently bought a new position in National Security Group stock. RFG Advisory LLC bought a new stake in National Security Group Inc (NASDAQ:NSEC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,318 shares of the insurance provider’s stock, valued at approximately $184,000. RFG Advisory LLC owned 0.61% of National Security Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 2.37% of the company’s stock.
Separately, ValuEngine cut shares of National Security Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd.
National Security Group Company Profile
The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. The company operates in two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.
Featured Story: How to invest using market indexes
Receive News & Ratings for National Security Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Security Group and related companies with MarketBeat.com's FREE daily email newsletter.