Donegal Group Inc. (NASDAQ:DGICA – Get Free Report) was the goal of a giant progress in brief curiosity within the month of November. As of November fifteenth, there was quick curiosity totalling 155,400 shares, a progress of 9.8% from the October thirty first complete of 141,500 shares. Roughly 1.0% of the shares of the inventory are bought quick. Based mostly on a median every day quantity of 28,700 shares, the days-to-cover ratio is presently 5.4 days.
Donegal Group Buying and selling Up 1.5 %
Shares of NASDAQ DGICA traded up $0.22 throughout noon buying and selling on Monday, hitting $14.46. The corporate’s inventory had a buying and selling quantity of 38,636 shares, in comparison with its common quantity of 34,349. The enterprise’s 50 day transferring common is $14.31 and its two-hundred day transferring common is $14.59. The agency has a market cap of $480.80 million, a P/E ratio of 45.94 and a beta of -0.02. Donegal Group has a 12-month low of $13.47 and a 12-month excessive of $15.76. The corporate has a present ratio of 0.40, a fast ratio of 0.40 and a debt-to-equity ratio of 0.07.
Donegal Group (NASDAQ:DGICA – Get Free Report) final launched its quarterly earnings knowledge on Thursday, October twenty sixth. The insurance coverage supplier reported $0.01 EPS for the quarter. The corporate had income of $235.17 million for the quarter. Donegal Group had a return on fairness of 1.79% and a web margin of 1.08%.
Donegal Group Dividend Announcement
The enterprise additionally lately introduced a quarterly dividend, which was paid on Wednesday, November fifteenth. Shareholders of document on Wednesday, November 1st got a dividend of $0.17 per share. The ex-dividend date was Tuesday, October thirty first. This represents a $0.68 annualized dividend and a yield of 4.70%. Donegal Group’s dividend payout ratio (DPR) is presently 219.35%.
Insiders Place Their Bets
In different Donegal Group information, VP Robert Richard Lengthy, Jr. bought 13,545 shares of the corporate’s inventory in a transaction that occurred on Tuesday, October thirty first. The inventory was bought at a median value of $14.24, for a complete worth of $192,880.80. Following the completion of the transaction, the vice chairman now immediately owns 430 shares within the firm, valued at roughly $6,123.20. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is on the market on the SEC web site. In different Donegal Group information, main shareholder Mutual Insurance coverage Co Donegal purchased 5,374 shares of Donegal Group inventory in a transaction dated Wednesday, September sixth. The shares have been bought at a median value of $14.55 per share, for a complete transaction of $78,191.70. Following the acquisition, the insider now immediately owns 12,081,545 shares within the firm, valued at roughly $175,786,479.75. The acquisition was disclosed in a submitting with the SEC, which is accessible via the SEC web site. Additionally, VP Robert Richard Lengthy, Jr. bought 13,545 shares of the corporate’s inventory in a transaction dated Tuesday, October thirty first. The shares have been bought at a median value of $14.24, for a complete transaction of $192,880.80. Following the sale, the vice chairman now owns 430 shares within the firm, valued at $6,123.20. The disclosure for this sale will be discovered right here. 6.63% of the inventory is at the moment owned by company insiders.
Institutional Buying and selling of Donegal Group
A number of hedge funds and different institutional buyers have lately purchased and bought shares of the inventory. Dimensional Fund Advisors LP boosted its place in Donegal Group by 1.4% through the 1st quarter. Dimensional Fund Advisors LP now owns 1,791,001 shares of the insurance coverage supplier’s inventory valued at $27,366,000 after buying a further 24,232 shares within the final quarter. BlackRock Inc. boosted its place in Donegal Group by 3.2% through the third quarter. BlackRock Inc. now owns 1,470,212 shares of the insurance coverage supplier’s inventory valued at $19,832,000 after buying a further 45,771 shares within the final quarter. Vanguard Group Inc. boosted its place in Donegal Group by 7.2% through the third quarter. Vanguard Group Inc. now owns 797,297 shares of the insurance coverage supplier’s inventory valued at $10,756,000 after buying a further 53,603 shares within the final quarter. Renaissance Applied sciences LLC boosted its place in Donegal Group by 16.9% through the 1st quarter. Renaissance Applied sciences LLC now owns 558,611 shares of the insurance coverage supplier’s inventory valued at $7,491,000 after buying a further 80,800 shares within the final quarter. Lastly, Geode Capital Administration LLC boosted its place in shares of 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 value $4,619,000 after buying a further 14,412 shares within the final quarter. Institutional buyers personal 27.94% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Individually, StockNews.com raised Donegal Group from a “maintain” ranking to a “purchase” ranking in a analysis notice on Monday, November twenty seventh.
View Our Newest Analysis Report on DGICA
About Donegal Group
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Donegal Group Inc, an insurance coverage holding firm, offers private and industrial strains of property and casualty insurance coverage to companies and people. It operates via three segments: Funding Perform, Private Strains of Insurance coverage, and Industrial Strains of Insurance coverage. The corporate provides personal passenger car insurance policies that present safety towards legal responsibility for bodily harm and property harm arising from car 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 harm to different individuals or their property.
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