Dreman Value Management L L C continued to hold its position in shares of National General Holdings Corp (NASDAQ:NGHC) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,164 shares of the insurance provider’s stock at the close of the 2nd quarter. Dreman Value Management L L C’s holdings in National General Holdings Corp were worth $479,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of National General Holdings Corp by 1.6% during the second quarter. Vanguard Group Inc. now owns 4,185,920 shares of the insurance provider’s stock worth $88,323,000 after buying an additional 67,585 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of National General Holdings Corp by 22.8% during the second quarter. Royal Bank of Canada now owns 3,769,979 shares of the insurance provider’s stock worth $79,546,000 after buying an additional 699,595 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of National General Holdings Corp by 4.8% during the second quarter. Wells Fargo & Company MN now owns 2,135,050 shares of the insurance provider’s stock worth $45,049,000 after buying an additional 97,176 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of National General Holdings Corp by 12.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,622,874 shares of the insurance provider’s stock worth $34,244,000 after buying an additional 177,415 shares in the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of National General Holdings Corp by 13.6% during the second quarter. Schroder Investment Management Group now owns 1,185,931 shares of the insurance provider’s stock worth $25,343,000 after buying an additional 141,635 shares in the last quarter. 45.92% of the stock is owned by institutional investors.

A number of analysts recently weighed in on NGHC shares. Keefe, Bruyette & Woods reissued a “buy” rating on shares of National General Holdings Corp in a report on Friday, September 29th. FBR & Co reissued a “buy” rating and issued a $29.00 price target on shares of National General Holdings Corp in a report on Monday, September 18th. TheStreet lowered shares of National General Holdings Corp from a “b-” rating to a “c” rating in a report on Tuesday, August 8th. Morgan Stanley lowered their price target on shares of National General Holdings Corp from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Thursday, August 10th. Finally, Zacks Investment Research lowered shares of National General Holdings Corp from a “buy” rating to a “hold” rating in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. National General Holdings Corp currently has a consensus rating of “Hold” and an average price target of $25.75.

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Shares of National General Holdings Corp (NASDAQ:NGHC) traded up 1.04% during mid-day trading on Monday, hitting $20.43. 27,001 shares of the company were exchanged. The firm has a market capitalization of $2.18 billion, a P/E ratio of 27.61 and a beta of 1.31. The company’s 50-day moving average price is $18.37 and its 200-day moving average price is $20.60. National General Holdings Corp has a 12-month low of $16.21 and a 12-month high of $26.99.

National General Holdings Corp (NASDAQ:NGHC) last announced its quarterly earnings results on Monday, August 7th. The insurance provider reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.28). National General Holdings Corp had a net margin of 2.13% and a return on equity of 7.80%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $966.51 million. During the same quarter last year, the company posted $0.41 earnings per share. The company’s revenue was up 36.2% compared to the same quarter last year. Equities research analysts predict that National General Holdings Corp will post $0.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Sunday, October 1st will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, September 28th. National General Holdings Corp’s dividend payout ratio (DPR) is presently 22.22%.

In related news, CEO Barry Karfunkel purchased 25,000 shares of National General Holdings Corp stock in a transaction on Thursday, August 10th. The stock was acquired at an average cost of $18.25 per share, for a total transaction of $456,250.00. Following the completion of the acquisition, the chief executive officer now owns 110,073 shares of the company’s stock, valued at approximately $2,008,832.25. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.43% of the company’s stock.

National General Holdings Corp Company Profile

National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.

Institutional Ownership by Quarter for National General Holdings Corp (NASDAQ:NGHC)

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