Common Insurance coverage (NYSE:UVE) was downgraded by StockNews.com from a “strong-buy” ranking to a “purchase” ranking in a report launched on Friday.
Different analysts have additionally lately issued analysis stories in regards to the inventory. TheStreet raised shares of Common Insurance coverage from a “c+” ranking to a “b” ranking in a analysis word on Thursday, December twenty third. Zacks Funding Analysis reduce shares of Common Insurance coverage from a “purchase” ranking to a “maintain” ranking in a analysis word on Saturday, December twenty fifth.
Shares of UVE inventory traded down $4.66 on Friday, reaching $12.43. 1,363,436 shares of the corporate had been exchanged, in comparison with its common quantity of 260,122. The corporate has a market cap of $387.42 million, a price-to-earnings ratio of seven.72 and a beta of 1.06. The enterprise has a 50-day shifting common worth of $17.25 and a 200 day shifting common worth of $15.20. The corporate has a debt-to-equity ratio of 0.01, a fast ratio of 0.53 and a present ratio of 0.53. Common Insurance coverage has a 1 yr low of $12.10 and a 1 yr excessive of $19.64.
A number of institutional buyers have lately purchased and bought shares of UVE. Donald Smith & CO. Inc. grew its stake in shares of Common Insurance coverage by 88.8% within the third quarter. Donald Smith & CO. Inc. now owns 691,864 shares of the insurance coverage supplier’s inventory valued at $9,022,000 after shopping for a further 325,404 shares through the interval. Hillsdale Funding Administration Inc. bought a brand new stake in shares of Common Insurance coverage within the 4th quarter valued at roughly $3,431,000. Nordea Funding Administration AB lifted its holdings in shares of Common Insurance coverage by 99.4% within the third quarter. Nordea Funding Administration AB now owns 381,192 shares of the insurance coverage supplier’s inventory value $5,006,000 after buying a further 190,051 shares over the last quarter. Los Angeles Capital Administration LLC lifted its holdings in shares of Common Insurance coverage by 130.6% within the 4th quarter. Los Angeles Capital Administration LLC now owns 143,879 shares of the insurance coverage supplier’s inventory value $2,446,000 after buying a further 81,495 shares over the last quarter. Lastly, Healthcare of Ontario Pension Plan Belief Fund acquired a brand new place in shares of Common Insurance coverage within the third quarter value roughly $1,048,000. 64.85% of the inventory is owned by institutional buyers and hedge funds.
Common Insurance coverage Firm Profile
Common Insurance coverage Holdings, Inc operates as a holding firm providing property and casualty insurance coverage and value-added insurance coverage providers. It develops, markets and underwrites insurance coverage merchandise for customers within the private residential householders strains of enterprise and carry out considerably all different insurance-related providers for major insurance coverage entities, together with danger administration, claims administration, and distribution.
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