Donegal Group Inc. (NASDAQ:DGICA – Get Ranking) was the goal of a major development briefly curiosity within the month of December. As of December fifteenth, there was brief curiosity totalling 197,800 shares, a development of 20.4% from the November thirtieth complete of 164,300 shares. At the moment, 1.3% of the shares of the corporate are offered brief. Primarily based on a median every day buying and selling quantity, of 55,100 shares, the short-interest ratio is presently 3.6 days.
Donegal Group Inventory Down 1.9 %
DGICA inventory opened at $14.20 on Friday. The inventory has a market capitalization of $461.07 million and a P/E ratio of 1,421.42. The agency has a 50-day easy shifting common of $14.74 and a 200-day easy shifting common of $14.95. The corporate has a fast ratio of 0.42, a present ratio of 0.42 and a debt-to-equity ratio of 0.07. Donegal Group has a 52 week low of $13.05 and a 52 week excessive of $17.13.
Donegal Group (NASDAQ:DGICA – Get Ranking) final launched its earnings outcomes on Thursday, October twenty seventh. The insurance coverage supplier reported ($0.27) EPS for the quarter. The corporate had income of $215.20 million for the quarter. Donegal Group had a optimistic return on fairness of 1.43% and a detrimental web margin of 0.02%.
Donegal Group Declares Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which will probably be paid on Wednesday, February fifteenth. Stockholders of document on Wednesday, February 1st will probably be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, January thirty first. This represents a $0.66 dividend on an annualized foundation and a dividend yield of 4.65%. Donegal Group’s dividend payout ratio is presently 6,606.61%.
Insider Transactions at Donegal Group
In different Donegal Group information, main shareholder Mutual Insurance coverage Co Donegal purchased 49,596 shares of the agency’s inventory in a transaction that occurred on Monday, November 14th. The inventory was purchased at a median value of $15.38 per share, for a complete transaction of $762,786.48. Following the completion of the transaction, the insider now immediately owns 11,427,290 shares of the corporate’s inventory, valued at roughly $175,751,720.20. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is accessible by means of this hyperlink. In associated information, VP Vincent Anthony Viozzi offered 2,140 shares of the enterprise’s inventory in a transaction on Thursday, November tenth. The shares had been offered at a median value of $15.53, for a complete transaction of $33,234.20. Following the completion of the transaction, the vp now immediately owns 7,191 shares within the firm, valued at $111,676.23. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is obtainable on the SEC web site. Additionally, main shareholder Mutual Insurance coverage Co Donegal purchased 49,596 shares of the agency’s inventory in a transaction that occurred on Monday, November 14th. The shares had been acquired at a median value of $15.38 per share, with a complete worth of $762,786.48. Following the completion of the transaction, the insider now immediately owns 11,427,290 shares of the corporate’s inventory, valued at $175,751,720.20. The disclosure for this buy could be discovered right here. Over the past ninety days, insiders bought 125,302 shares of firm inventory price $1,906,641 and offered 107,294 shares price $1,630,171. Insiders personal 10.03% of the corporate’s inventory.
Institutional Buying and selling of Donegal Group
A variety of institutional traders and hedge funds have not too long ago modified their holdings of DGICA. Nice West Life Assurance Co. Can grew its stake in Donegal Group by 58.1% through the 1st quarter. Nice West Life Assurance Co. Can now owns 1,924 shares of the insurance coverage supplier’s inventory valued at $27,000 after buying a further 707 shares within the final quarter. Keeley Teton Advisors LLC boosted its holdings in Donegal Group by 1.4% within the 2nd quarter. Keeley Teton Advisors LLC now owns 90,085 shares of the insurance coverage supplier’s inventory valued at $1,536,000 after buying a further 1,253 shares over the past quarter. Martingale Asset Administration L P boosted its holdings in Donegal Group by 4.2% within the 2nd quarter. Martingale Asset Administration L P now owns 35,356 shares of the insurance coverage supplier’s inventory valued at $604,000 after buying a further 1,418 shares over the past quarter. BNP Paribas Arbitrage SA boosted its holdings in Donegal Group by 55.4% within the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,545 shares of the insurance coverage supplier’s inventory valued at $77,000 after buying a further 1,621 shares over the past quarter. Lastly, Engineers Gate Supervisor LP boosted its holdings in Donegal Group by 18.0% within the 1st quarter. Engineers Gate Supervisor LP now owns 14,231 shares of the insurance coverage supplier’s inventory valued at $191,000 after buying a further 2,175 shares over the past quarter. Hedge funds and different institutional traders personal 28.60% of the corporate’s inventory.
Wall Road Analyst Weigh In
A variety of analysis analysts have weighed in on the inventory. TheStreet downgraded shares of Donegal Group from a “b-” ranking to a “c+” ranking in a analysis report on Wednesday, December 14th. StockNews.com downgraded shares of Donegal Group from a “purchase” ranking to a “maintain” ranking in a analysis report on Saturday, November fifth.
Donegal Group Firm Profile
(Get Ranking)
Donegal Group Inc, an insurance coverage holding firm, gives private and industrial traces of property and casualty insurance coverage to companies and people. It operates by means of three segments: Funding Operate, Private Traces of Insurance coverage, and Industrial Traces of Insurance coverage. The corporate presents personal passenger vehicle insurance policies that present safety towards legal responsibility for bodily damage and property harm arising from vehicle accidents, in addition to safety towards loss from harm to vehicles; and householders insurance policies, which give protection for harm to residences and their contents from a spread 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.
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