Integrated Quantitative Investments LLC Purchases New Position in Kingstone Companies, Inc. (NASDAQ:KINS)

Integrated Quantitative Investments LLC acquired a new position in shares of Kingstone Companies, Inc. (NASDAQ:KINS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,800 shares of the insurance provider’s stock, valued at approximately $270,000. Integrated Quantitative Investments LLC owned approximately 0.14% of Kingstone Companies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of Kingstone Companies during the fourth quarter worth $26,000. Barclays PLC acquired a new position in Kingstone Companies in the 3rd quarter worth about $49,000. JPMorgan Chase & Co. raised its position in Kingstone Companies by 53,684.2% in the third quarter. JPMorgan Chase & Co. now owns 10,219 shares of the insurance provider’s stock valued at $94,000 after purchasing an additional 10,200 shares during the last quarter. Baader Bank Aktiengesellschaft bought a new position in Kingstone Companies in the 4th quarter valued at approximately $191,000. Finally, Trexquant Investment LP acquired a new position in shares of Kingstone Companies during the fourth quarter worth $247,000. Institutional investors own 14.91% of the company’s stock.

Kingstone Companies Price Performance

Shares of KINS opened at $15.74 on Friday. The company has a market capitalization of $216.13 million, a price-to-earnings ratio of 12.11 and a beta of 0.48. The business has a 50-day moving average of $16.36 and a 200-day moving average of $14.05. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.43. Kingstone Companies, Inc. has a 1 year low of $3.93 and a 1 year high of $19.18.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a report on Thursday, March 20th.

Kingstone Companies Profile

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.