Donegal Group Inc. (NASDAQ:DGICA – Get Score) Director Richard D. Wampler II offered 3,454 shares of the corporate’s inventory in a transaction that occurred on Thursday, November tenth. The inventory was offered at a mean worth of $15.51, for a complete worth of $53,571.54. Following the transaction, the director now owns 9,102 shares of the corporate’s inventory, valued at $141,172.02. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which may be accessed by means of this hyperlink.
Donegal Group Inventory Efficiency
Shares of NASDAQ DGICA opened at $15.13 on Tuesday. The enterprise has a fifty day easy shifting common of $14.34 and a 200 day easy shifting common of $15.15. The corporate has a present ratio of 0.42, a fast ratio of 0.42 and a debt-to-equity ratio of 0.07. The agency has a market capitalization of $491.24 million and a price-to-earnings ratio of 1,514.51. Donegal Group Inc. has a one 12 months low of $13.05 and a one 12 months excessive of $17.13.
Donegal Group Broadcasts Dividend
The corporate additionally not too long ago introduced a quarterly dividend, which will probably be paid on Tuesday, November fifteenth. Buyers of document on Tuesday, November 1st will probably be paid a $0.165 dividend. The ex-dividend date of this dividend is Monday, October thirty first. This represents a $0.66 dividend on an annualized foundation and a dividend yield of 4.36%. Donegal Group’s payout ratio is 6,606.61%.
Analyst Scores Adjustments
Quite a lot of analysis analysts have not too long ago commented on the corporate. TheStreet lowered Donegal Group from a “b” ranking to a “c+” ranking in a report on Tuesday, September twentieth. StockNews.com lowered Donegal Group from a “purchase” ranking to a “maintain” ranking in a report on Saturday, November fifth.
Institutional Inflows and Outflows
Giant buyers have not too long ago modified their holdings of the corporate. Foundry Companions LLC purchased a brand new stake in Donegal Group within the second quarter valued at $2,226,000. Renaissance Applied sciences LLC grew its holdings in shares of Donegal Group by 16.9% in the course of the first quarter. Renaissance Applied sciences LLC now owns 558,611 shares of the insurance coverage supplier’s inventory price $7,491,000 after buying a further 80,800 shares over the past quarter. Keeley Teton Advisors LLC grew its holdings in shares of Donegal Group by 689.4% in the course of the first quarter. Keeley Teton Advisors LLC now owns 88,832 shares of the insurance coverage supplier’s inventory price $1,191,000 after buying a further 77,579 shares over the past quarter. Allspring International Investments Holdings LLC grew its holdings in shares of Donegal Group by 191.9% in the course of the second quarter. Allspring International Investments Holdings LLC now owns 117,369 shares of the insurance coverage supplier’s inventory price $2,001,000 after buying a further 77,157 shares over the past quarter. Lastly, Citadel Advisors LLC grew its holdings in shares of Donegal Group by 92.1% in the course of the second quarter. Citadel Advisors LLC now owns 102,443 shares of the insurance coverage supplier’s inventory price $1,747,000 after buying a further 49,107 shares over the past quarter. 63.74% of the inventory is at the moment owned by institutional buyers and hedge funds.
About Donegal Group
(Get Score)
Donegal Group Inc, an insurance coverage holding firm, offers private and industrial traces of property and casualty insurance coverage to companies and people. It operates by means of three segments: Funding Perform, Private Strains of Insurance coverage, and Industrial Strains of Insurance coverage. The corporate affords personal passenger car insurance policies that present safety towards legal responsibility for bodily damage and property harm arising from car accidents, in addition to safety towards loss from harm to cars; and householders insurance policies, which offer protection for harm to residences and their contents from a variety of perils, together with fireplace, lightning, windstorm, and theft, in addition to legal responsibility of the insured arising from damage to different individuals or their property.
Learn Extra
Obtain Information & Scores for Donegal Group Day by day – Enter your electronic mail deal with beneath to obtain a concise every day abstract of the most recent information and analysts’ rankings for Donegal Group and associated corporations with MarketBeat.com’s FREE every day electronic mail publication.
