Swiss National Bank increased its position in shares of Heritage Insurance Holdings, Inc. (NYSE:HRTG) by 8.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,300 shares of the insurance provider’s stock after buying an additional 3,300 shares during the period. Swiss National Bank’s holdings in Heritage Insurance Holdings were worth $566,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Kirr Marbach & Co. LLC IN increased its position in Heritage Insurance Holdings by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 14,295 shares of the insurance provider’s stock worth $183,000 after buying an additional 165 shares during the period. Nationwide Fund Advisors increased its position in Heritage Insurance Holdings by 0.9% in the first quarter. Nationwide Fund Advisors now owns 111,424 shares of the insurance provider’s stock worth $1,423,000 after buying an additional 1,046 shares during the period. Teachers Advisors LLC increased its position in Heritage Insurance Holdings by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 59,682 shares of the insurance provider’s stock worth $935,000 after buying an additional 1,677 shares during the period. Bank of New York Mellon Corp increased its position in Heritage Insurance Holdings by 8.8% in the first quarter. Bank of New York Mellon Corp now owns 194,527 shares of the insurance provider’s stock worth $2,484,000 after buying an additional 15,789 shares during the period. Finally, Macquarie Group Ltd. increased its position in Heritage Insurance Holdings by 166.9% in the fourth quarter. Macquarie Group Ltd. now owns 32,300 shares of the insurance provider’s stock worth $506,000 after buying an additional 20,200 shares during the period. 58.52% of the stock is owned by institutional investors and hedge funds.

Heritage Insurance Holdings, Inc. (NYSE HRTG) opened at 12.22 on Tuesday. Heritage Insurance Holdings, Inc. has a 52 week low of $11.25 and a 52 week high of $16.48. The firm’s 50-day moving average price is $12.80 and its 200 day moving average price is $13.68. The firm has a market cap of $362.93 million, a P/E ratio of 11.02 and a beta of 1.31.

Heritage Insurance Holdings (NYSE:HRTG) last announced its quarterly earnings data on Thursday, May 4th. The insurance provider reported $0.19 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.19. The company had revenue of $99.29 million for the quarter, compared to analysts’ expectations of $103.47 million. Heritage Insurance Holdings had a return on equity of 8.83% and a net margin of 7.60%. Equities analysts forecast that Heritage Insurance Holdings, Inc. will post $1.20 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 5th. Investors of record on Thursday, June 15th were issued a dividend of $0.06 per share. The ex-dividend date was Tuesday, June 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.96%. Heritage Insurance Holdings’s dividend payout ratio is 21.62%.

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A number of research analysts recently commented on the company. TheStreet raised Heritage Insurance Holdings from a “c” rating to a “b-” rating in a research note on Monday, June 26th. Zacks Investment Research raised Heritage Insurance Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $17.00 target price on shares of Heritage Insurance Holdings in a research note on Friday, June 2nd. Finally, Citigroup Inc. reissued a “buy” rating and set a $16.00 target price (down previously from $17.00) on shares of Heritage Insurance Holdings in a research note on Friday, April 7th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Heritage Insurance Holdings presently has an average rating of “Buy” and a consensus target price of $16.33.

In other news, CEO Bruce Lucas acquired 83,262 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The shares were bought at an average cost of $12.06 per share, with a total value of $1,004,139.72. Following the acquisition, the chief executive officer now owns 681,071 shares in the company, valued at approximately $8,213,716.26. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.10% of the company’s stock.

About Heritage Insurance Holdings

Heritage Insurance Holdings, Inc (Heritage Insurance) is a property and casualty insurance holding company. The Company provides personal and commercial residential insurance. Through its subsidiary, Heritage Property & Casualty Insurance Company (Heritage P&C), it provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance and commercial residential insurance in the state of Florida and North Carolina.

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Institutional Ownership by Quarter for Heritage Insurance Holdings (NYSE:HRTG)

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