United Insurance Holdings Corp. (NASDAQ:UIHC) Given Media Impact Rating of 0.22
Media stories about United Insurance Holdings Corp. (NASDAQ:UIHC) have trended somewhat positive on Tuesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Insurance Holdings Corp. earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.4078987824559 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
- United Insurance Holdings Corp. – Value Analysis (NASDAQ:UIHC) : August 5, 2017 (finance.yahoo.com)
- United Insurance Holdings Corp. (UIHC) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Which Tampa Bay stocks soared and which sank on a record-setting day on Wall Street (finance.yahoo.com)
- United Insurance Holdings Corp. (NASDAQ:UIHC) Scheduled to Post Quarterly Earnings on Tuesday (americanbankingnews.com)
Shares of United Insurance Holdings Corp. (UIHC) opened at 15.54 on Tuesday. United Insurance Holdings Corp. has a 52-week low of $9.52 and a 52-week high of $17.81. The firm has a market capitalization of $334.19 million, a PE ratio of 51.63 and a beta of 1.61. The company has a 50-day moving average price of $16.00 and a 200 day moving average price of $15.62.
Several analysts recently commented on the company. BidaskClub cut United Insurance Holdings Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut United Insurance Holdings Corp. from a “hold” rating to a “strong sell” rating in a research report on Friday, July 14th. Finally, ValuEngine upgraded United Insurance Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. United Insurance Holdings Corp. has an average rating of “Hold” and a consensus target price of $16.17.
In other United Insurance Holdings Corp. news, Director Alec Poitevint II bought 12,276 shares of the company’s stock in a transaction on Friday, May 12th. The stock was bought at an average price of $14.73 per share, for a total transaction of $180,825.48. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at approximately $294,600. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrew Swenson bought 4,000 shares of the company’s stock in a transaction on Friday, May 12th. The shares were acquired at an average price of $15.00 per share, with a total value of $60,000.00. Following the transaction, the insider now directly owns 30,017 shares in the company, valued at approximately $450,255. The disclosure for this purchase can be found here. Insiders have acquired a total of 24,000 shares of company stock valued at $356,791 in the last quarter. Corporate insiders own 22.60% of the company’s stock.
United Insurance Holdings Corp. Company Profile
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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