Federated National Holding Co. (NASDAQ:FNHC) shares saw unusually-strong trading volume on Wednesday . Approximately 88,726 shares changed hands during mid-day trading, a decline of 12% from the previous session’s volume of 100,756 shares.The stock last traded at $18.76 and had previously closed at $18.85.

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial Inc. downgraded shares of Federated National Holding from a “strong-buy” rating to an “outperform” rating and reduced their price target for the company from $42.00 to $28.00 in a research report on Tuesday, March 8th. Zacks Investment Research downgraded shares of Federated National Holding from a “hold” rating to a “sell” rating in a research report on Friday, March 18th.

The firm has a market capitalization of $260.90 million and a PE ratio of 6.42. The firm has a 50 day moving average price of $20.85 and a 200 day moving average price of $22.17.

Federated National Holding (NASDAQ:FNHC) last released its earnings results on Tuesday, May 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.11. Equities analysts anticipate that Federated National Holding Co. will post $2.80 earnings per share for the current year.

A number of large investors recently added to or reduced their stakes in FNHC. Dimensional Fund Advisors LP raised its position in shares of Federated National Holding by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 748,189 shares of the company’s stock valued at $22,117,000 after buying an additional 17,547 shares during the period. Schroder Investment Management Group acquired a new position in shares of Federated National Holding during the fourth quarter valued at approximately $2,868,000. Wells Fargo & Company MN raised its position in shares of Federated National Holding by 27.7% in the fourth quarter. Wells Fargo & Company MN now owns 327,603 shares of the company’s stock valued at $9,683,000 after buying an additional 71,143 shares during the period. Morgan Stanley raised its position in shares of Federated National Holding by 102.7% in the fourth quarter. Morgan Stanley now owns 178,432 shares of the company’s stock valued at $5,274,000 after buying an additional 90,383 shares during the period. Finally, New Amsterdam Partners LLC NY acquired a new position in shares of Federated National Holding during the fourth quarter valued at approximately $2,066,000.

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states.

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