Shares of Federated National Holding Co. (NASDAQ:FNHC) traded up 2.8% on Monday . The company traded as high as $22.38 and last traded at $21.96, with a volume of 53,311 shares. The stock had previously closed at $21.36.

Separately, Zacks Investment Research raised shares of Federated National Holding from a “strong sell” rating to a “hold” rating in a research report on Monday, July 11th.

The stock has a market cap of $301.82 million and a PE ratio of 7.43. The company has a 50-day moving average price of $20.67 and a 200 day moving average price of $21.63.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 1st will be given a $0.06 dividend. The ex-dividend date of this dividend is Thursday, July 28th. This represents a $0.24 annualized dividend and a dividend yield of 1.10%.

Several large investors have recently modified their holdings of the stock. New Amsterdam Partners LLC NY purchased a new stake in shares of Federated National Holding during the fourth quarter valued at approximately $2,066,000. California Public Employees Retirement System increased its stake in 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 worth $2,303,000 after buying an additional 17,800 shares during the last quarter. Schroder Investment Management Group bought a new stake in Federated National Holding during the fourth quarter worth about $2,868,000. Wells Fargo & Company MN increased its stake in Federated National Holding by 27.7% in the fourth quarter. Wells Fargo & Company MN now owns 327,603 shares of the company’s stock worth $9,683,000 after buying an additional 71,143 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Federated National Holding by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 748,189 shares of the company’s stock worth $22,117,000 after buying an additional 17,547 shares during the last quarter.

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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