American Integrity Insurance Group, Inc. (NYSE:AII) Given Average Recommendation of “Moderate Buy” by Analysts

American Integrity Insurance Group, Inc. (NYSE:AII) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $22.50.

A number of equities research analysts have issued reports on AII shares. Piper Sandler reissued an “overweight” rating on shares of American Integrity Insurance Group in a report on Thursday, August 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of American Integrity Insurance Group in a report on Saturday, September 27th. Finally, Raymond James Financial reissued an “outperform” rating and set a $24.00 target price (up previously from $22.00) on shares of American Integrity Insurance Group in a report on Monday, September 22nd.

American Integrity Insurance Group Trading Up 0.8%

NYSE:AII opened at $22.79 on Friday. The business has a 50 day moving average of $19.68. American Integrity Insurance Group has a 12 month low of $15.77 and a 12 month high of $23.03.

American Integrity Insurance Group (NYSE:AII) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.15.

Institutional Investors Weigh In On American Integrity Insurance Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $16,073,000. Balyasny Asset Management L.P. purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $10,409,000. Mink Brook Asset Management LLC purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,844,000. The Manufacturers Life Insurance Company purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,356,000. Finally, Federated Hermes Inc. purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,233,000.

About American Integrity Insurance Group

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.