Hamilton Insurance Group, Ltd. (NYSE:HG) Shares Sold by Crewe Advisors LLC

Crewe Advisors LLC lowered its stake in Hamilton Insurance Group, Ltd. (NYSE:HG) by 55.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,239 shares of the company’s stock after selling 25,298 shares during the quarter. Crewe Advisors LLC’s holdings in Hamilton Insurance Group were worth $385,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HG. Quarry LP grew its position in Hamilton Insurance Group by 448.5% in the third 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 last quarter. Financial Management Professionals Inc. acquired a new stake in Hamilton Insurance Group during the 3rd quarter worth about $34,000. Spire Wealth Management purchased a new stake in Hamilton Insurance Group during the fourth quarter valued at about $38,000. Toronto Dominion Bank purchased a new position in shares of Hamilton Insurance Group in the third quarter worth approximately $97,000. Finally, US Bancorp DE acquired a new stake in shares of Hamilton Insurance Group during the third quarter valued at approximately $107,000. Institutional investors own 29.17% of the company’s stock.

Insider Transactions at Hamilton Insurance Group

In other Hamilton Insurance Group news, CAO Brian John Deegan sold 17,500 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $19.18, for a total value of $335,650.00. Following the completion of the sale, the chief accounting officer now directly owns 20,824 shares of the company’s stock, valued at $399,404.32. This represents a 45.66 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

HG has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their price objective on shares of Hamilton Insurance Group from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Barclays lowered their price target on Hamilton Insurance Group from $26.00 to $24.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $22.20.

Hamilton Insurance Group Stock Up 1.0 %

Shares of Hamilton Insurance Group stock opened at $18.70 on Thursday. The stock has a 50-day simple moving average of $19.00 and a 200-day simple moving average of $18.53. Hamilton Insurance Group, Ltd. has a 52-week low of $12.44 and a 52-week high of $20.71. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 4.18 and a beta of 1.02. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77.

Hamilton Insurance Group (NYSE:HG) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.69 by $0.05. Hamilton Insurance Group had a net margin of 21.88% and a return on equity of 21.92%. The company had revenue of $512.84 million for the quarter, compared to analyst estimates of $515.96 million. During the same quarter in the prior year, the business posted $0.41 EPS. On average, equities research analysts expect that Hamilton Insurance Group, Ltd. will post 4.1 earnings per share for the current fiscal year.

Hamilton Insurance Group Company 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.