Heritage Insurance Holdings, Inc. (NYSE:HRTG) Director Irini Barlas bought 10,000 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were bought at an average cost of $11.61 per share, for a total transaction of $116,100.00. Following the transaction, the director now owns 14,200 shares in the company, valued at approximately $164,862. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Heritage Insurance Holdings, Inc. (NYSE HRTG) traded down 0.87% during trading on Monday, hitting $11.43. The stock had a trading volume of 51,624 shares. Heritage Insurance Holdings, Inc. has a 12 month low of $11.21 and a 12 month high of $16.48. The company has a market cap of $339.47 million, a PE ratio of 16.12 and a beta of 1.29. The company’s 50 day moving average is $12.47 and its 200-day moving average is $13.01.

Heritage Insurance Holdings (NYSE:HRTG) last announced its quarterly earnings data on Tuesday, August 8th. The insurance provider reported $0.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. Heritage Insurance Holdings had a return on equity of 5.67% and a net margin of 5.07%. The firm had revenue of $96.90 million for the quarter, compared to the consensus estimate of $100.17 million. During the same quarter last year, the business posted $0.62 earnings per share. The firm’s revenue was down 15.9% compared to the same quarter last year. On average, equities research analysts predict that Heritage Insurance Holdings, Inc. will post $1.15 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.24 dividend on an annualized basis and a yield of 2.08%. Heritage Insurance Holdings’s payout ratio is 33.33%.

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A number of institutional investors have recently made changes to their positions in the company. Voya Investment Management LLC increased its stake in Heritage Insurance Holdings by 16.9% in the second quarter. Voya Investment Management LLC now owns 15,066 shares of the insurance provider’s stock worth $196,000 after buying an additional 2,181 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Heritage Insurance Holdings by 26.1% in the second quarter. Dimensional Fund Advisors LP now owns 987,200 shares of the insurance provider’s stock worth $12,853,000 after buying an additional 204,088 shares in the last quarter. Citadel Advisors LLC increased its stake in Heritage Insurance Holdings by 730.4% in the second quarter. Citadel Advisors LLC now owns 108,788 shares of the insurance provider’s stock worth $1,416,000 after buying an additional 95,688 shares in the last quarter. California Public Employees Retirement System acquired a new stake in Heritage Insurance Holdings during the second quarter worth approximately $251,000. Finally, GSA Capital Partners LLP increased its stake in Heritage Insurance Holdings by 21.2% in the second quarter. GSA Capital Partners LLP now owns 151,505 shares of the insurance provider’s stock worth $1,973,000 after buying an additional 26,546 shares in the last quarter. Hedge funds and other institutional investors own 57.60% of the company’s stock.

HRTG has been the topic of several analyst reports. Keefe, Bruyette & Woods reissued a “buy” rating and set a $17.00 target price on shares of Heritage Insurance Holdings in a research report on Friday, June 2nd. TheStreet raised Heritage Insurance Holdings from a “c” rating to a “b-” rating in a research report on Monday, June 26th. Zacks Investment Research raised Heritage Insurance Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. Finally, BidaskClub raised Heritage Insurance Holdings from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $16.33.

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.

Insider Buying and Selling by Quarter for Heritage Insurance Holdings (NYSE:HRTG)

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