Jump Financial LLC Acquires 1,495 Shares of Kingstone Companies, Inc. (NASDAQ:KINS)

Jump Financial LLC boosted its holdings in Kingstone Companies, Inc. (NASDAQ:KINS) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 23,996 shares of the insurance provider’s stock after purchasing an additional 1,495 shares during the period. Jump Financial LLC’s holdings in Kingstone Companies were worth $364,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in Kingstone Companies by 8.1% during the fourth quarter. JPMorgan Chase & Co. now owns 11,042 shares of the insurance provider’s stock valued at $168,000 after purchasing an additional 823 shares in the last quarter. Cruiser Capital Advisors LLC lifted its position in shares of Kingstone Companies by 3.6% during the 4th quarter. Cruiser Capital Advisors LLC now owns 44,520 shares of the insurance provider’s stock worth $676,000 after buying an additional 1,560 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Kingstone Companies in the 4th quarter valued at $26,000. Barclays PLC bought a new stake in Kingstone Companies in the third quarter valued at $49,000. Finally, State Street Corp raised its stake in Kingstone Companies by 22.7% during the third quarter. State Street Corp now owns 30,229 shares of the insurance provider’s stock worth $277,000 after acquiring an additional 5,600 shares in the last quarter. Institutional investors and hedge funds own 14.91% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Kingstone Companies from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th.

Kingstone Companies Price Performance

NASDAQ:KINS opened at $18.48 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.29. The firm has a market cap of $253.75 million, a PE ratio of 14.22 and a beta of 0.48. Kingstone Companies, Inc. has a 12 month low of $4.01 and a 12 month high of $19.18. The company’s 50-day moving average price is $16.20 and its two-hundred day moving average price is $14.92.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.