Ownership Action to Note: Kingstone Companies Inc (NASDAQ:KINS) Institutional Investor Positioning Change

November 18, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Action to Note: Kingstone Companies Inc (NASDAQ:KINS) Institutional Investor Positioning Change

Sentiment for Kingstone Companies Inc (NASDAQ:KINS)

Kingstone Companies Inc (NASDAQ:KINS) institutional sentiment increased to 2.83 in Q2 2016. Its up 1.83, from 1 in 2016Q1. The ratio improved, as 12 hedge funds increased and started new positions, while 12 sold and reduced their positions in Kingstone Companies Inc. The hedge funds in our partner’s database now possess: 1.73 million shares, down from 1.81 million shares in 2016Q1. Also, the number of hedge funds holding Kingstone Companies Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 7 Increased: 9 New Position: 3.

Kingstone Companies, Inc. offers property and casualty insurance products to small businesses and individuals in New York State. The company has a market cap of $96.94 million. The Firm offers these products through its subsidiary, Kingstone Insurance Company . It has a 10.9 P/E ratio. KICO is a licensed property and casualty insurance company.

The stock closed at $12.2 during the last session. It is down 39.43% since April 18, 2016 and is uptrending. It has outperformed by 35.00% the S&P500.

According to Zacks Investment Research, “Kingstone Companies, Inc., formerly DCAP Group, Inc., is engaged in the ownership of an insurance company. The Company focuses on automobile, motorcycle and homeowners insurance and its customer base is primarily individuals rather than businesses. There are three Atlantic Insurance locations in eastern Pennsylvania. All of the Barry Scott, Atlantic Insurance and Accurate Agency locations are wholly owned by the Company.”

Eidelman Virant Capital holds 1.62% of its portfolio in Kingstone Companies Inc for 297,862 shares. Stieven Capital Advisors L.P. owns 209,400 shares or 0.52% of their US portfolio. Moreover, United Asset Strategies Inc. has 0.32% invested in the company for 95,232 shares. The Illinois-based Perritt Capital Management Inc has invested 0.29% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 57,715 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 2 insider buys, and 0 selling transactions for $12,763 net activity.

KINS Company Profile

Kingstone Companies, Inc. (Kingstone), incorporated on August 25, 1961, offers property and casualty insurance products to small businesses and individuals in New York State. The Firm offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance firm in New York, New Jersey, Connecticut, Pennsylvania and Texas. The Firm operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers. The Firm underwrites its business utilizing the CLUE industry claims database, insurance scoring reports, physical inspection of risks and other individual risk underwriting tools. It writes homeowners and dwelling fire business in New York City and Long Island. The Company’s product lines include personal lines, commercial liability, commercial automobile, livery physical damage and other.

More recent Kingstone Companies Inc (NASDAQ:KINS) news were published by: Seekingalpha.com which released: “Kingstone Companies, Inc.: 139 Years Old And Still Growing Stronger” on December 14, 2015. Also Nasdaq.com published the news titled: “Kingstone Companies, Inc (KINS) Ex-Dividend Date Scheduled for August 29, 2016” on August 26, 2016. Equitiesfocus.com‘s news article titled: “Kingstone Companies, Inc (NASDAQ:KINS) Quarterly EPS From Continuing …” with publication date: November 16, 2016 was also an interesting one.

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By Marie Mckinney


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