United Insurance Holdings Corp. (UIHC) Shares Down 2.2%
United Insurance Holdings Corp. (NASDAQ:UIHC) was down 2.2% during trading on Friday . The company traded as low as $15.58 and last traded at $15.68, with a volume of 57,433 shares traded. The stock had previously closed at $16.04.
Separately, Zacks Investment Research raised shares of United Insurance Holdings Corp. from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 30th.
The company has a market cap of $339.39 million and a PE ratio of 11.28. The stock’s 50 day moving average price is $16.39 and its 200-day moving average price is $16.81.
An institutional investor recently bought a new position in United Insurance Holdings Corp. stock. Pear Tree Advisors Inc. purchased a new position in shares of United Insurance Holdings Corp. (NASDAQ:UIHC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 81,741 shares of the company’s stock, valued at approximately $1,398,000. Pear Tree Advisors Inc. owned 0.38% of United Insurance Holdings Corp. as of its most recent SEC filing.
United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company’s insurance subsidiary is United Property & Casualty Insurance Company.
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