Schroder Investment Management Group Has $22.06 Million Position in HCI Group, Inc. (HCI)

Schroder Investment Management Group increased its position in shares of HCI Group, Inc. (NYSE:HCI) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 462,396 shares of the insurance provider’s stock after acquiring an additional 21,800 shares during the period. Schroder Investment Management Group owned about 4.63% of HCI Group worth $22,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HCI. Capstone Asset Management Co. acquired a new stake in shares of HCI Group during the 1st quarter worth approximately $222,000. Nationwide Fund Advisors boosted its position in shares of HCI Group by 2.8% during the 1st quarter. Nationwide Fund Advisors now owns 6,609 shares of the insurance provider’s stock worth $301,000 after acquiring an additional 181 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of HCI Group by 192.8% during the 1st quarter. Russell Investments Group Ltd. now owns 6,589 shares of the insurance provider’s stock worth $300,000 after acquiring an additional 4,339 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in shares of HCI Group by 10.2% during the 1st quarter. Great West Life Assurance Co. Can now owns 10,961 shares of the insurance provider’s stock worth $499,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of HCI Group by 4.4% during the 1st quarter. Comerica Bank now owns 9,445 shares of the insurance provider’s stock worth $455,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 71.47% of the company’s stock.

Shares of HCI Group, Inc. (NYSE:HCI) opened at 35.60 on Wednesday. HCI Group, Inc. has a 52-week low of $24.35 and a 52-week high of $50.93. The company’s 50 day moving average is $40.43 and its 200 day moving average is $44.65. The firm has a market cap of $355.50 million, a price-to-earnings ratio of 9.80 and a beta of 2.37.

HCI Group (NYSE:HCI) last posted its earnings results on Wednesday, August 2nd. The insurance provider reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.07. The business had revenue of $67.58 million for the quarter, compared to analyst estimates of $64.33 million. HCI Group had a net margin of 13.52% and a return on equity of 15.65%. HCI Group’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 EPS. Analysts anticipate that HCI Group, Inc. will post $3.47 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 18th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Wednesday, August 16th. HCI Group’s dividend payout ratio (DPR) is presently 38.36%.

WARNING: This piece of content was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/2888715/schroder-investment-management-group-has-22-06-million-position-in-hci-group-inc-hci.html.

HCI has been the topic of several analyst reports. ValuEngine upgraded shares of HCI Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 6th. Zacks Investment Research upgraded shares of HCI Group from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research report on Wednesday, June 7th. SunTrust Banks, Inc. initiated coverage on shares of HCI Group in a research report on Tuesday, July 4th. They set a “buy” rating and a $52.00 price target on the stock. Finally, BidaskClub lowered shares of HCI Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $45.75.

HCI Group Profile

HCI Group, Inc (HCI) is an insurance holding company. The Company operates through four operating divisions: property and casualty insurance, reinsurance, investment real estate and information technology. Its operations include Insurance Operations and Other Operations. Its Insurance Operations include property and casualty insurance, and reinsurance.

Institutional Ownership by Quarter for HCI Group (NYSE:HCI)

Receive News & Ratings for HCI Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCI Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.