Hamilton Insurance Group, Ltd. (NYSE:HG – Get Free Report) insider Timothy Duffin sold 28,500 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $34.53, for a total value of $984,105.00. Following the completion of the transaction, the insider owned 223,459 shares of the company’s stock, valued at $7,716,039.27. This trade represents a 11.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Hamilton Insurance Group Price Performance
HG stock opened at $35.15 on Thursday. The stock’s fifty day simple moving average is $35.18 and its 200-day simple moving average is $32.51. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.05. Hamilton Insurance Group, Ltd. has a 52-week low of $22.66 and a 52-week high of $37.31. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 6.12 and a beta of 0.31.
Hamilton Insurance Group (NYSE:HG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $1.56 EPS for the quarter. Hamilton Insurance Group had a return on equity of 22.60% and a net margin of 19.56%.The company had revenue of $839.58 million during the quarter. Equities research analysts expect that Hamilton Insurance Group, Ltd. will post 4.89 EPS for the current year.
Institutional Investors Weigh In On Hamilton Insurance Group
Wall Street Analysts Forecast Growth
HG has been the topic of several research reports. Citizens Jmp raised their price target on shares of Hamilton Insurance Group from $40.00 to $42.00 and gave the company a “market outperform” rating in a report on Friday, August 7th. Zacks Research lowered shares of Hamilton Insurance Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Barclays raised their target price on shares of Hamilton Insurance Group from $37.00 to $39.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Weiss Ratings restated a “buy (b+)” rating on shares of Hamilton Insurance Group in a report on Wednesday, September 9th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Hamilton Insurance Group from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.12.
View Our Latest Analysis on Hamilton Insurance Group
Hamilton Insurance Group Company Profile
Hamilton Insurance Group, Ltd. (NYSE: HG) is a Bermuda-based specialty insurance and reinsurance company. Through its operating subsidiaries and underwriting platforms, the group provides customized insurance solutions for commercial and specialty risks that may require specialized expertise or nonstandard coverage.
The company’s offerings include property and casualty insurance, specialty liability, professional and financial lines, marine, energy, cyber, and other niche products. Hamilton also participates in the reinsurance market, helping insurers manage exposures through property and casualty reinsurance programs.
Hamilton serves clients and distribution partners in Bermuda, the United States, the United Kingdom, and other international markets.
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