The HCI Group Inc (HCI) Receives “Hold” Rating from Keefe, Bruyette & Woods

The HCI Group Inc (HCI) Receives “Hold” Rating from Keefe, Bruyette & Woods

Several other analysts have also issued reports on the company. TheStreet raised HCI Group from a “c” rating to a “b-” rating in a report on Thursday, May 4th. SunTrust Banks, Inc. began coverage on HCI Group in a report on Friday, April 7th. They set a “buy” rating and a $52.00 price target for the company.

HCI Group Inc (NYSE:HCI)‘s stock had its “hold” rating reissued by equities researchers at Keefe, Bruyette & Woods in a note issued to investors on Monday, May 15th.

Shares of HCI Group (HCI) opened at 44.80 on Monday. The stock has a market cap of $441.91 million, a PE ratio of 13.00 and a beta of 2.26. The firm has a 50 day moving average price of $45.53 and a 200 day moving average price of $42.36. HCI Group has a 12-month low of $24.35 and a 12-month high of $50.93. The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Stockholders of record on Friday, May 19th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend is Wednesday, May 17th. HCI Group’s dividend payout ratio (DPR) is 34.68%.

Shares of HCI Group (HCI) opened at 44.80 on Monday. The stock has a market cap of $441.91 million, a PE ratio of 13.00 and a beta of 2.26. The firm has a 50 day moving average price of $45.53 and a 200 day moving average price of $42.36. HCI Group has a 12-month low of $24.35 and a 12-month high of $50.93. Several institutional investors have recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in HCI Group during the fourth quarter worth $3,146,000. Guggenheim Capital LLC acquired a new position in HCI Group during the fourth quarter worth $1,896,000. Public Sector Pension Investment Board acquired a new position in HCI Group during the fourth quarter worth $247,000. Menta Capital LLC acquired a new position in HCI Group during the fourth quarter worth $224,000. Finally, Royce & Associates LP raised its position in HCI Group by 48.4% in the fourth quarter. Royce & Associates LP now owns 58,612 shares of the insurance provider’s stock worth $2,314,000 after buying an additional 19,112 shares during the period. 66.66% of the stock is owned by hedge funds and other institutional investors.

HCI Group Company Profile HCI Group, Inc (HCI) is an insurance holding company. The Company operates through four operating divisions: property and casualty insurance, reinsurance, investment real estate and information technology. Its operations include Insurance Operations and Other Operations. Its Insurance Operations include property and casualty insurance, and reinsurance.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “HCI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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