Allspring World Investments Holdings LLC raised its place in Security Insurance coverage Group, Inc. (NASDAQ:SAFT – Free Report) by 5.4% throughout the 1st quarter, in response to its most up-to-date submitting with the Securities and Trade Fee (SEC). The fund owned 30,030 shares of the insurance coverage supplier’s inventory after buying a further 1,536 shares throughout the quarter. Allspring World Investments Holdings LLC owned about 0.20% of Security Insurance coverage Group price $2,238,000 as of its most up-to-date SEC submitting.
Different institutional buyers and hedge funds additionally lately purchased and bought shares of the corporate. Cash Ideas Capital Corp bought a brand new stake in shares of Security Insurance coverage Group within the 4th quarter valued at roughly $48,000. US Asset Administration LLC bought a brand new stake in shares of Security Insurance coverage Group within the 4th quarter valued at roughly $102,000. Sei Investments Co. bought a brand new stake in shares of Security Insurance coverage Group within the 4th quarter valued at roughly $202,000. Everence Capital Administration Inc. bought a brand new stake in shares of Security Insurance coverage Group within the 1st quarter valued at roughly $206,000. Lastly, Captrust Monetary Advisors raised its stake in shares of Security Insurance coverage Group by 5.5% within the third quarter. Captrust Monetary Advisors now owns 2,606 shares of the insurance coverage supplier’s inventory valued at $213,000 after buying a further 136 shares throughout the interval. 90.49% of the inventory is at the moment owned by institutional buyers and hedge funds.
Security Insurance coverage Group Value Efficiency
Security Insurance coverage Group inventory opened at $68.67 on Friday. The agency has a market cap of $1.02 billion, a PE ratio of 38.58 and a beta of 0.29. Security Insurance coverage Group, Inc. has a 52-week low of $66.78 and a 52-week excessive of $98.38. The corporate has a fast ratio of 0.34, a present ratio of 0.34 and a debt-to-equity ratio of 0.06. The corporate’s 50 day transferring common is $72.03 and its two-hundred day transferring common is $77.73.
Security Insurance coverage Group (NASDAQ:SAFT – Free Report) final launched its earnings outcomes on Wednesday, Might third. The insurance coverage supplier reported ($0.87) earnings per share (EPS) for the quarter. Security Insurance coverage Group had a return on fairness of 5.81% and a internet margin of three.23%. The enterprise had income of $213.76 million for the quarter.
Security Insurance coverage Group Publicizes Dividend
The corporate additionally lately disclosed a quarterly dividend, which was paid on Thursday, June fifteenth. Stockholders of document on Thursday, June 1st have been issued a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, Might thirty first. This represents a $3.60 dividend on an annualized foundation and a dividend yield of 5.24%. Security Insurance coverage Group’s payout ratio is 202.25%.
Analyst Upgrades and Downgrades
Individually, StockNews.com began protection on shares of Security Insurance coverage Group in a analysis be aware on Thursday, Might 18th. They issued a “maintain” score on the inventory.
Insider Exercise
In different information, Director Peter J. Manning bought 550 shares of the agency’s inventory in a transaction on Tuesday, Might twenty third. The shares have been bought at a mean value of $73.43, for a complete worth of $40,386.50. Following the sale, the director now instantly owns 5,450 shares within the firm, valued at roughly $400,193.50. The sale was disclosed in a doc filed with the Securities & Trade Fee, which is on the market via the SEC web site. In associated information, main shareholder Corp Srb purchased 26,651 shares of the corporate’s inventory in a transaction that occurred on Wednesday, Might twenty fourth. The shares have been bought at a mean value of $72.33 per share, with a complete worth of $1,927,666.83. Following the transaction, the insider now instantly owns 1,710,322 shares of the corporate’s inventory, valued at roughly $123,707,590.26. The acquisition was disclosed in a authorized submitting with the SEC, which is on the market on the SEC web site. Additionally, Director Peter J. Manning bought 550 shares of the inventory in a transaction on Tuesday, Might twenty third. The shares have been bought at a mean value of $73.43, for a complete transaction of $40,386.50. Following the completion of the transaction, the director now instantly owns 5,450 shares within the firm, valued at $400,193.50. The disclosure for this sale may be discovered right here. Within the final three months, insiders have purchased 89,461 shares of firm inventory price $6,538,126. 4.20% of the inventory is at the moment owned by company insiders.
Security Insurance coverage Group Firm Profile
(Free Report)
Security Insurance coverage Group, Inc gives personal passenger and industrial vehicle, and home-owner insurance coverage in the US. The corporate’s personal passenger vehicle insurance policies provide protection for bodily damage and property harm to others, no-fault private damage protection for the insured/insured’s automobile occupants, and bodily harm protection for an insured’s personal automobile for collision or different perils.
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