November 21, 2016 - By Linda Rogers · 0 Comments
1347 Property Insurance Holdings (NASDAQ:PIH) institutional sentiment decreased to 1.2 in Q2 2016. Its down -3.80, from 5 in 2016Q1. The ratio has dropped, as 10 funds increased or started new stock positions, while 2 decreased and sold equity positions in 1347 Property Insurance Holdings. The funds in our partner’s database now possess: 931,198 shares, up from 474,000 shares in 2016Q1. Also, the number of funds holding 1347 Property Insurance Holdings in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 7 New Position: 3.
1347 Property Insurance Holdings, Inc. is a holding company. The company has a market cap of $45.93 million. The Company, through its subsidiaries, is engaged providing property and casualty insurance. It has a 65.84 P/E ratio. The Firm offers homeowners’ insurance, manufactured home insurance and dwelling fire insurance.
It is up 27.16% since April 19, 2016 and is uptrending. It has outperformed by 23.30% the S&P500.
According to Zacks Investment Research, “1347 Property Insurance Holdings, Inc., through its subsidiary, Maison Insurance Company, provides property and casualty insurance products to individuals in Louisiana. Its insurance offerings include homeowners’ insurance, manufactured home insurance and dwelling fire insurance. 1347 Property Insurance Holdings, Inc. is based in Baton Rouge, Louisiana.”
Clear Harbor Asset Management Llc holds 0.06% of its portfolio in 1347 Property Insurance Holdings Inc for 39,775 shares. Mount Lucas Management Lp owns 34,000 shares or 0.04% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 80,200 shares. The New York-based Spark Investment Management Llc has invested 0.01% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 123,200 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 4 insider buys, and 0 sales for $1.39 million net activity.
1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Firm offers homeowners’ insurance, manufactured home insurance and dwelling fire insurance. It writes both full peril property policies, as well as wind/hail only exposures and it distributes policies through independent insurance agents. The Firm has approximately 28,400 policies in-force. Maison Managers, Inc. (MMI) serves as the Company’s management services subsidiary. The Company’s other subsidiaries include Maison Insurance Company (Maison), a property and casualty insurance company, and ClaimCor, LLC (ClaimCor), a claims adjusting company.
More notable recent 1347 Property Insurance Holdings Inc (NASDAQ:PIH) news were published by: Marketwatch.com which released: “1347 Property Insurance Holdings Inc.” on June 01, 2011, also Insurancejournal.com with their article: “1347 Property Insurance Holdings Rethinking Growth Strategy” published on October 18, 2016, Insurancejournal.com published: “1347 Property Insurance Holdings Expects Losses from Louisiana Storms” on August 23, 2016. More interesting news about 1347 Property Insurance Holdings Inc (NASDAQ:PIH) were released by: Businesswire.com and their article: “1347 Property Insurance Holdings, Inc. Announces 2016 Third Quarter Financial …” published on November 14, 2016 as well as Quotes.Wsj.com‘s news article titled: “News 1347 Property Insurance Holdings Inc.PIH” with publication date: June 17, 2011.
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By Linda Rogers