801 Shares in Kinsale Capital Group, Inc. (NYSE:KNSL) Acquired by Advisor OS LLC

Advisor OS LLC purchased a new position in shares of Kinsale Capital Group, Inc. (NYSE:KNSL) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 801 shares of the financial services provider’s stock, valued at approximately $373,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Los Angeles Capital Management LLC grew its position in shares of Kinsale Capital Group by 40.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 23,938 shares of the financial services provider’s stock worth $11,134,000 after buying an additional 6,900 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Kinsale Capital Group by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 183,345 shares of the financial services provider’s stock worth $85,279,000 after buying an additional 5,213 shares during the last quarter. Blackhawk Capital Partners LLC. grew its position in shares of Kinsale Capital Group by 12.0% in the 4th quarter. Blackhawk Capital Partners LLC. now owns 4,174 shares of the financial services provider’s stock worth $1,941,000 after buying an additional 447 shares during the last quarter. Synergy Financial Group LTD grew its position in shares of Kinsale Capital Group by 2.1% in the 4th quarter. Synergy Financial Group LTD now owns 2,499 shares of the financial services provider’s stock worth $1,162,000 after buying an additional 51 shares during the last quarter. Finally, IFP Advisors Inc grew its position in shares of Kinsale Capital Group by 812.7% in the 4th quarter. IFP Advisors Inc now owns 2,291 shares of the financial services provider’s stock worth $1,067,000 after buying an additional 2,040 shares during the last quarter. 85.36% of the stock is currently owned by institutional investors.

Insider Transactions at Kinsale Capital Group

In other news, Director James Joseph Ritchie sold 2,295 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $499.79, for a total value of $1,147,018.05. Following the completion of the transaction, the director now owns 7,348 shares in the company, valued at $3,672,456.92. The trade was a 23.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Diane D. Schnupp sold 500 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $510.00, for a total value of $255,000.00. Following the completion of the transaction, the executive vice president now owns 6,994 shares of the company’s stock, valued at $3,566,940. This represents a 6.67 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

Kinsale Capital Group Stock Up 2.9 %

Shares of NYSE:KNSL opened at $428.84 on Friday. The stock has a fifty day simple moving average of $447.97 and a two-hundred day simple moving average of $464.33. The stock has a market capitalization of $9.99 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 1.66 and a beta of 1.16. Kinsale Capital Group, Inc. has a 12-month low of $355.12 and a 12-month high of $548.47. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.12.

Kinsale Capital Group (NYSE:KNSL) last announced its quarterly earnings data on Thursday, February 13th. The financial services provider reported $4.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.23 by $0.39. The business had revenue of $412.12 million during the quarter, compared to analysts’ expectations of $418.32 million. Kinsale Capital Group had a return on equity of 28.04% and a net margin of 26.13%. On average, research analysts anticipate that Kinsale Capital Group, Inc. will post 17.72 earnings per share for the current fiscal year.

Kinsale Capital Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.68 annualized dividend and a dividend yield of 0.16%. This is a boost from Kinsale Capital Group’s previous quarterly dividend of $0.15. Kinsale Capital Group’s payout ratio is currently 3.82%.

Analyst Upgrades and Downgrades

KNSL has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price objective on Kinsale Capital Group from $445.00 to $461.00 and gave the stock a “market perform” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. lowered their target price on Kinsale Capital Group from $415.00 to $412.00 and set a “neutral” rating for the company in a research note on Friday, January 3rd. Morgan Stanley lowered their target price on Kinsale Capital Group from $535.00 to $520.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Royal Bank of Canada restated a “sector perform” rating and issued a $500.00 target price on shares of Kinsale Capital Group in a research note on Tuesday, February 18th. Finally, JMP Securities restated a “market perform” rating on shares of Kinsale Capital Group in a research note on Friday, February 14th. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $468.56.

Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc, a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company’s commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance.