Donegal Group Inc. (NASDAQ:DGICA – Get Free Report) declared a quarterly dividend on Thursday, October nineteenth, Zacks experiences. Shareholders of report on Wednesday, November 1st can be given a dividend of 0.17 per share by the insurance coverage supplier on Wednesday, November fifteenth. This represents a $0.68 annualized dividend and a yield of 4.81%. The ex-dividend date is Tuesday, October thirty first.
Donegal Group has elevated its dividend by a median of 4.3% yearly over the past three years and has raised its dividend yearly for the final 10 consecutive years. Donegal Group has a payout ratio of 55.3% that means its dividend is sufficiently coated by earnings.
Donegal Group Inventory Down 0.5 %
Donegal Group inventory opened at $14.14 on Friday. The corporate has a debt-to-equity ratio of 0.07, a fast ratio of 0.40 and a present ratio of 0.40. Donegal Group has a 52-week low of $13.47 and a 52-week excessive of $15.76. The agency has a 50 day shifting common worth of $14.54 and a two-hundred day shifting common worth of $14.67. The agency has a market cap of $468.60 million and a price-to-earnings ratio of -1,414,000.00.
Analyst Rankings Adjustments
Individually, StockNews.com assumed protection on shares of Donegal Group in a analysis report on Thursday, October fifth. They set a “purchase” score for the corporate.
Learn Our Newest Inventory Evaluation on Donegal Group
Insider Exercise at Donegal Group
In different Donegal Group information, SVP William Daniel Delamater offered 9,000 shares of Donegal Group inventory in a transaction on Wednesday, August 2nd. The shares had been offered at a median worth of $14.84, for a complete transaction of $133,560.00. Following the transaction, the senior vice chairman now immediately owns 512 shares of the corporate’s inventory, valued at roughly $7,598.08. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is on the market via this hyperlink. In different information, main shareholder Mutual Insurance coverage Co Donegal acquired 3,679 shares of the enterprise’s inventory in a transaction on Tuesday, August 1st. The shares had been bought at a median price of $14.63 per share, with a complete worth of $53,823.77. Following the acquisition, the insider now immediately owns 11,900,207 shares of the corporate’s inventory, valued at $174,100,028.41. The transaction was disclosed in a doc filed with the SEC, which is on the market via this hyperlink. Additionally, SVP William Daniel Delamater offered 9,000 shares of Donegal Group inventory in a transaction on Wednesday, August 2nd. The inventory was offered at a median worth of $14.84, for a complete transaction of $133,560.00. Following the transaction, the senior vice chairman now immediately owns 512 shares within the firm, valued at $7,598.08. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders acquired 110,819 shares of firm inventory valued at $1,634,443 and offered 10,455 shares valued at $155,368. 6.63% of the inventory is at present owned by insiders.
Institutional Buyers Weigh In On Donegal Group
A lot of hedge funds have lately made adjustments to their positions within the enterprise. Alliancebernstein L.P. raised its stake in shares of Donegal Group by 3.4% through the 2nd quarter. Alliancebernstein L.P. now owns 23,994 shares of the insurance coverage supplier’s inventory value $346,000 after buying a further 780 shares through the interval. State Avenue Corp raised its stake in Donegal Group by 6.4% within the 2nd quarter. State Avenue Corp now owns 305,694 shares of the insurance coverage supplier’s inventory valued at $4,411,000 after buying a further 18,363 shares through the interval. Bleakley Monetary Group LLC purchased a brand new stake in Donegal Group within the 2nd quarter valued at about $160,000. Credit score Suisse AG raised its stake in Donegal Group by 34.7% within the 2nd quarter. Credit score Suisse AG now owns 17,293 shares of the insurance coverage supplier’s inventory valued at $250,000 after buying a further 4,453 shares through the interval. Lastly, Geode Capital Administration LLC raised its stake in Donegal Group by 4.7% within the 2nd quarter. Geode Capital Administration LLC now owns 320,100 shares of the insurance coverage supplier’s inventory valued at $4,619,000 after buying a further 14,412 shares through the interval. 27.94% of the inventory is at present owned by institutional buyers.
Donegal Group Firm Profile
(Get Free Report)
Donegal Group Inc, an insurance coverage holding firm, supplies private and industrial traces of property and casualty insurance coverage to companies and people. It operates via three segments: Funding Perform, Private Traces of Insurance coverage, and Industrial Traces of Insurance coverage. The corporate gives non-public passenger vehicle insurance policies that present safety towards legal responsibility for bodily harm and property harm arising from vehicle accidents, in addition to safety towards loss from harm to cars; and householders insurance policies, which give 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 harm to different individuals or their property.
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