HCI Group Inc (HCI) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP lowered its position in HCI Group Inc (NYSE:HCI) by 26.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,500 shares of the insurance provider’s stock after selling 3,400 shares during the period. GSA Capital Partners LLP owned 0.09% of HCI Group worth $375,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HCI. Dimensional Fund Advisors LP raised its position in HCI Group by 10.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 677,682 shares of the insurance provider’s stock worth $26,754,000 after buying an additional 65,148 shares during the period. Wells Fargo & Company MN raised its position in HCI Group by 55.1% in the third quarter. Wells Fargo & Company MN now owns 71,626 shares of the insurance provider’s stock worth $2,175,000 after buying an additional 25,440 shares during the period. Teachers Advisors LLC raised its position in HCI Group by 7.8% in the third quarter. Teachers Advisors LLC now owns 319,721 shares of the insurance provider’s stock worth $9,707,000 after buying an additional 23,234 shares during the period. Spark Investment Management LLC acquired a new stake in HCI Group during the third quarter worth approximately $610,000. Finally, Matarin Capital Management LLC acquired a new stake in HCI Group during the third quarter worth approximately $593,000. Hedge funds and other institutional investors own 66.66% of the company’s stock.

HCI Group Inc (NYSE:HCI) traded down 0.42% on Friday, hitting $45.35. The stock had a trading volume of 56,429 shares. The stock has a 50-day moving average of $45.90 and a 200-day moving average of $38.68. The company has a market cap of $466.29 million, a PE ratio of 15.55 and a beta of 2.26. HCI Group Inc has a one year low of $24.35 and a one year high of $50.93.

HCI Group (NYSE:HCI) last announced its quarterly earnings data on Tuesday, February 21st. The insurance provider reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.17) by $0.64. HCI Group had a return on equity of 14.81% and a net margin of 13.90%. The company earned $72.37 million during the quarter, compared to the consensus estimate of $63.31 million. During the same quarter last year, the company earned $1.05 EPS. The company’s quarterly revenue was up 14.1% on a year-over-year basis. Equities analysts expect that HCI Group Inc will post $3.97 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Friday, May 19th will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.09%. HCI Group’s dividend payout ratio is currently 34.68%.

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A number of equities research analysts have commented on HCI shares. SunTrust Banks, Inc. started coverage on HCI Group in a report on Friday, April 7th. They issued a “buy” rating and a $52.00 target price for the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 target price on shares of HCI Group in a report on Monday, March 27th.

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.