Jacobson & Schmitt Advisors LLC Sells 22,010 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD)

Jacobson & Schmitt Advisors LLC lowered its position in Goosehead Insurance, Inc (NASDAQ:GSHD) by 15.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 119,632 shares of the company’s stock after selling 22,010 shares during the period. Goosehead Insurance accounts for about 2.5% of Jacobson & Schmitt Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Jacobson & Schmitt Advisors LLC owned about 0.32% of Goosehead Insurance worth $12,827,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GSHD. Blue Trust Inc. raised its position in shares of Goosehead Insurance by 567.6% in the 3rd quarter. Blue Trust Inc. now owns 474 shares of the company’s stock worth $42,000 after acquiring an additional 403 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Goosehead Insurance in the 3rd quarter worth approximately $29,000. International Assets Investment Management LLC raised its position in shares of Goosehead Insurance by 7,593.8% in the 3rd quarter. International Assets Investment Management LLC now owns 10,002 shares of the company’s stock worth $8,930,000 after acquiring an additional 9,872 shares in the last quarter. Financial Management Professionals Inc. bought a new position in Goosehead Insurance during the 3rd quarter valued at approximately $60,000. Finally, State of New Jersey Common Pension Fund D bought a new position in Goosehead Insurance during the 3rd quarter valued at approximately $2,134,000.

Analysts Set New Price Targets

A number of research firms recently weighed in on GSHD. BMO Capital Markets raised their price objective on Goosehead Insurance from $90.00 to $120.00 and gave the company a “market perform” rating in a research report on Tuesday, November 19th. Royal Bank of Canada raised their price objective on Goosehead Insurance from $95.00 to $109.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. raised their price objective on Goosehead Insurance from $77.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. TD Cowen raised their price objective on Goosehead Insurance from $94.00 to $130.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Finally, JMP Securities raised their price objective on Goosehead Insurance from $100.00 to $115.00 and gave the company a “market outperform” rating in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Goosehead Insurance has an average rating of “Hold” and a consensus target price of $99.20.

Goosehead Insurance Stock Down 2.2 %

Goosehead Insurance stock opened at $114.68 on Thursday. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 159.28, a PEG ratio of 5.40 and a beta of 1.43. The stock has a fifty day simple moving average of $108.05 and a two-hundred day simple moving average of $102.12. Goosehead Insurance, Inc has a 12 month low of $50.47 and a 12 month high of $130.39. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70.

Goosehead Insurance Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were paid a $5.91 dividend. This is an increase from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st.

Goosehead Insurance Profile

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.