Federated National Holding Co. (NASDAQ:FNHC) was up 2.9% during trading on Monday . The stock traded as high as $20.25 and last traded at $20.13, with a volume of 68,034 shares traded. The stock had previously closed at $19.56.

Separately, 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 stock has a market capitalization of $278.04 million and a PE ratio of 6.84. The stock has a 50-day moving average of $20.72 and a 200-day moving average of $21.90.

Federated National Holding (NASDAQ:FNHC) last announced its quarterly earnings results on Tuesday, May 3rd. The company reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.11. Equities research analysts forecast that Federated National Holding Co. will post $2.80 earnings per share for the current year.

Several large investors recently made changes to their positions in FNHC. New Amsterdam Partners LLC NY bought a new stake in shares of Federated National Holding during the fourth quarter valued at $2,066,000. California Public Employees Retirement System boosted its stake in shares of Federated National Holding by 29.6% in the fourth quarter. California Public Employees Retirement System now owns 77,900 shares of the company’s stock valued at $2,303,000 after buying an additional 17,800 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of Federated National Holding during the fourth quarter valued at $2,868,000. American Century Companies Inc. boosted its stake in shares of Federated National Holding by 18.6% in the fourth quarter. American Century Companies Inc. now owns 112,299 shares of the company’s stock valued at $3,320,000 after buying an additional 17,651 shares in the last quarter. Finally, Opus Capital Group LLC bought a new stake in shares of Federated National Holding during the fourth quarter valued at $4,630,000.

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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