Teachers Advisors LLC grew its holdings in Federated National Holding Company (NASDAQ:FNHC) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,061 shares of the insurance provider’s stock after purchasing an additional 1,272 shares during the quarter. Teachers Advisors LLC owned about 0.18% of Federated National Holding worth $401,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Federated National Holding by 6.9% during the first quarter. Vanguard Group Inc. now owns 488,104 shares of the insurance provider’s stock valued at $8,508,000 after acquiring an additional 31,292 shares during the period. Kestrel Investment Management Corp acquired a new position in shares of Federated National Holding during the second quarter valued at $2,770,000. Prudential Financial Inc. lifted its stake in shares of Federated National Holding by 77.5% during the second quarter. Prudential Financial Inc. now owns 25,660 shares of the insurance provider’s stock valued at $411,000 after acquiring an additional 11,200 shares during the period. Geode Capital Management LLC lifted its stake in shares of Federated National Holding by 1.3% during the first quarter. Geode Capital Management LLC now owns 261,490 shares of the insurance provider’s stock valued at $4,557,000 after acquiring an additional 3,476 shares during the period. Finally, UBS Group AG lifted its stake in shares of Federated National Holding by 29.8% during the first quarter. UBS Group AG now owns 9,101 shares of the insurance provider’s stock valued at $159,000 after acquiring an additional 2,088 shares during the period. 61.91% of the stock is currently owned by institutional investors.

Separately, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $21.00 price target on shares of Federated National Holding in a research note on Thursday, September 21st.

Federated National Holding Company (NASDAQ FNHC) opened at $13.67 on Wednesday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.02. Federated National Holding Company has a one year low of $9.78 and a one year high of $21.19.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 1st will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.34%. The ex-dividend date is Tuesday, October 31st. Federated National Holding’s payout ratio is -45.07%.

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About Federated National Holding

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states.

Institutional Ownership by Quarter for Federated National Holding (NASDAQ:FNHC)

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