American Century Companies Inc. Raises Holdings in Heritage Insurance Holdings, Inc. (NYSE:HRTG)

American Century Companies Inc. raised its position in shares of Heritage Insurance Holdings, Inc. ( NYSE:HRTG – Free Report ) by 14.

8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 589,899 shares of the insurance provider’s stock after acquiring an additional 76,032 shares during the period. American Century Companies Inc.



owned approximately 1.92% of Heritage Insurance worth $7,138,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently added to or reduced their stakes in HRTG.

Raymond James Financial Inc. purchased a new stake in shares of Heritage Insurance during the 4th quarter worth about $1,123,000. FMR LLC grew its stake in Heritage Insurance by 28,416.

9% during the third quarter. FMR LLC now owns 87,547 shares of the insurance provider’s stock worth $1,072,000 after buying an additional 87,240 shares during the period. State Street Corp increased its position in shares of Heritage Insurance by 27.

4% in the third quarter. State Street Corp now owns 371,057 shares of the insurance provider’s stock worth $4,542,000 after acquiring an additional 79,802 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd.

increased its position in shares of Heritage Insurance by 15.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd.

now owns 447,868 shares of the insurance provider’s stock worth $5,419,000 after acquiring an additional 59,281 shares in the last quarter. Finally, Centiva Capital LP purchased a new position in shares of Heritage Insurance in the 3rd quarter valued at $502,000. 59.

03% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling at Heritage Insurance In other news, CFO Kirk Lusk acquired 6,000 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average cost of $13.

85 per share, with a total value of $83,100.00. Following the completion of the acquisition, the chief financial officer now directly owns 618,756 shares in the company, valued at $8,569,770.

60. This represents a 0.98 % increase in their ownership of the stock.

The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . Also, Director Paul L. Whiting bought 10,000 shares of Heritage Insurance stock in a transaction on Friday, March 14th.

The shares were purchased at an average cost of $13.35 per share, for a total transaction of $133,500.00.

Following the acquisition, the director now owns 79,576 shares in the company, valued at $1,062,339.60. The trade was a 14.

37 % increase in their ownership of the stock. The disclosure for this purchase can be found here . Insiders bought a total of 21,000 shares of company stock valued at $280,450 in the last ninety days.

Insiders own 14.00% of the company’s stock. Analyst Ratings Changes Check Out Our Latest Research Report on Heritage Insurance Heritage Insurance Stock Up 0.

8 % NYSE HRTG opened at $15.65 on Friday. The company has a quick ratio of 0.

76, a current ratio of 0.76 and a debt-to-equity ratio of 0.42.

Heritage Insurance Holdings, Inc. has a fifty-two week low of $6.14 and a fifty-two week high of $16.

90. The business has a 50 day moving average price of $12.40 and a two-hundred day moving average price of $12.

14. The stock has a market cap of $670.45 million, a PE ratio of 6.

26 and a beta of 1.00. Heritage Insurance ( NYSE:HRTG – Get Free Report ) last posted its earnings results on Tuesday, March 11th.

The insurance provider reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.

83. The business had revenue of $210.26 million for the quarter, compared to analysts’ expectations of $199.

87 million. Heritage Insurance had a net margin of 9.10% and a return on equity of 29.

17%. As a group, sell-side analysts predict that Heritage Insurance Holdings, Inc. will post 1.

86 EPS for the current fiscal year. Heritage Insurance declared that its Board of Directors has initiated a stock buyback program on Monday, December 9th that permits the company to buyback $10.00 million in outstanding shares.

This buyback authorization permits the insurance provider to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

About Heritage Insurance ( Free Report ) Heritage Insurance Holdings, Inc, through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance. Featured Stories Five stocks we like better than Heritage Insurance The 3 Best Blue-Chip Stocks to Buy Now Shares of RH Down Nearly 40%: Where Investors Can Turn To Now NYSE Stocks Give Investors a Variety of Quality Options Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian Market Cap Calculator: How to Calculate Market Cap Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? Receive News & Ratings for Heritage Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Insurance and related companies with MarketBeat.

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