Tudor Investment Corp ET AL Has $201,000 Stock Position in Bowhead Specialty Holdings Inc. $BOW

Tudor Investment Corp ET AL lessened its position in shares of Bowhead Specialty Holdings Inc. (NYSE:BOW) by 85.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 7,426 shares of the company’s stock after selling 42,394 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Bowhead Specialty were worth $201,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. American Family Investments Inc. boosted its stake in shares of Bowhead Specialty by 6.9% in the 2nd quarter. American Family Investments Inc. now owns 5,023,778 shares of the company’s stock valued at $188,542,000 after purchasing an additional 323,017 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Bowhead Specialty by 54.3% in the third quarter. Victory Capital Management Inc. now owns 1,525,285 shares of the company’s stock valued at $41,244,000 after buying an additional 536,817 shares during the period. Vanguard Group Inc. boosted its position in Bowhead Specialty by 36.7% during the third quarter. Vanguard Group Inc. now owns 1,506,887 shares of the company’s stock valued at $40,746,000 after acquiring an additional 404,199 shares during the last quarter. American Century Companies Inc. grew its holdings in Bowhead Specialty by 73.3% during the 3rd quarter. American Century Companies Inc. now owns 1,412,408 shares of the company’s stock worth $38,192,000 after acquiring an additional 597,191 shares during the period. Finally, Polar Capital Holdings Plc raised its position in shares of Bowhead Specialty by 10.4% in the 3rd quarter. Polar Capital Holdings Plc now owns 689,935 shares of the company’s stock worth $18,656,000 after acquiring an additional 64,935 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have recently weighed in on BOW. Keefe, Bruyette & Woods raised Bowhead Specialty from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bowhead Specialty in a research note on Friday, March 27th. Royal Bank Of Canada lowered their target price on Bowhead Specialty from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Zacks Research raised Bowhead Specialty from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Piper Sandler raised their price objective on shares of Bowhead Specialty from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Bowhead Specialty presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.33.

Bowhead Specialty Price Performance

BOW opened at $22.37 on Friday. Bowhead Specialty Holdings Inc. has a 1 year low of $21.21 and a 1 year high of $41.98. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.52 and a quick ratio of 0.52. The company has a market capitalization of $734.70 million, a price-to-earnings ratio of 14.07, a P/E/G ratio of 0.67 and a beta of -0.49. The firm’s fifty day moving average price is $23.87 and its two-hundred day moving average price is $25.61.

Bowhead Specialty (NYSE:BOW) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Bowhead Specialty had a net margin of 9.75% and a return on equity of 13.27%. The company had revenue of $151.68 million for the quarter, compared to analyst estimates of $145.99 million. As a group, analysts anticipate that Bowhead Specialty Holdings Inc. will post 1.36 earnings per share for the current fiscal year.

About Bowhead Specialty

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.