1 week Ago By Defense World Staff
JPMorgan Chase & Co. lifted its stake in Safety Insurance Group, Inc. ( NASDAQ:SAFT – Free Report ) by 21.
4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,354 shares of the insurance provider’s stock after purchasing an additional 37,495 shares during the quarter. JPMorgan Chase & Co.
owned about 1.43% of Safety Insurance Group worth $17,498,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors also recently made changes to their positions in the company.
Signaturefd LLC increased its stake in Safety Insurance Group by 94.9% during the 4th quarter. Signaturefd LLC now owns 308 shares of the insurance provider’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter.
KBC Group NV grew its holdings in shares of Safety Insurance Group by 52.2% during the fourth quarter. KBC Group NV now owns 1,000 shares of the insurance provider’s stock valued at $82,000 after buying an additional 343 shares during the last quarter.
Ieq Capital LLC bought a new stake in shares of Safety Insurance Group during the fourth quarter valued at approximately $279,000. KLP Kapitalforvaltning AS purchased a new position in Safety Insurance Group in the 4th quarter worth approximately $280,000. Finally, XTX Topco Ltd bought a new position in Safety Insurance Group in the 3rd quarter valued at approximately $283,000.
Hedge funds and other institutional investors own 81.04% of the company’s stock. Analyst Upgrades and Downgrades Separately, StockNews.
com lowered Safety Insurance Group from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Safety Insurance Group Stock Performance NASDAQ SAFT opened at $75.32 on Friday.
Safety Insurance Group, Inc. has a one year low of $70.71 and a one year high of $90.
00. The stock has a 50-day moving average of $77.36 and a 200 day moving average of $80.
35. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 14.
91 and a beta of 0.19. Safety Insurance Group ( NASDAQ:SAFT – Get Free Report ) last released its quarterly earnings data on Tuesday, February 25th.
The insurance provider reported $0.94 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.
23). Safety Insurance Group had a net margin of 6.86% and a return on equity of 6.
35%. The company had revenue of $286.72 million for the quarter.
Safety Insurance Group Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a $0.90 dividend.
The ex-dividend date was Monday, March 3rd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.
78%. Safety Insurance Group’s dividend payout ratio (DPR) is currently 75.47%.
Safety Insurance Group Company Profile ( Free Report ) Safety Insurance Group, Inc provides private passenger and commercial automobile, and homeowner insurance in the United States. The company’s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured’s car occupants, and physical damage coverage for an insured’s own vehicle for collision or other perils. Featured Articles Five stocks we like better than Safety Insurance Group How to trade using analyst ratings JPMorgan is a Buy, if You Can Handle The Volatility What is the FTSE 100 index? United States Steel’s Crash: An Unmissable Buying Opportunity How to Invest in Small Cap Stocks Rocket Lab Stock: Weathering the Storm, Time for a Comeback? Want to see what other hedge funds are holding SAFT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Safety Insurance Group, Inc. ( NASDAQ:SAFT – Free Report ). Receive News & Ratings for Safety Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safety Insurance Group and related companies with MarketBeat.
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