HCI Group, Inc. (NYSE:HCI) Director James J. Macchiarola purchased 6,000 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were purchased at an average cost of $30.44 per share, with a total value of $182,640.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

HCI Group, Inc. (NYSE HCI) traded down $0.22 on Friday, reaching $29.85. 190,149 shares of the company were exchanged, compared to its average volume of 150,672. HCI Group, Inc. has a 1-year low of $27.11 and a 1-year high of $50.93. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.22.

HCI Group (NYSE:HCI) last released its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($4.44) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($2.52) by ($1.92). The firm had revenue of $44.00 million for the quarter, compared to analyst estimates of $66.46 million. HCI Group had a negative net margin of 5.63% and a negative return on equity of 6.34%. HCI Group’s revenue for the quarter was down 30.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 earnings per share. equities analysts forecast that HCI Group, Inc. will post -0.4 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend is Thursday, November 16th. HCI Group’s payout ratio is -74.07%.

A number of equities research analysts recently weighed in on the stock. ValuEngine lowered shares of HCI Group from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. BidaskClub lowered shares of HCI Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Sidoti raised shares of HCI Group from a “neutral” rating to a “buy” rating and set a $40.00 price target for the company in a report on Monday, September 11th. Zacks Investment Research raised shares of HCI Group from a “sell” rating to a “hold” rating in a report on Monday, November 27th. Finally, TheStreet lowered shares of HCI Group from a “b-” rating to a “c” rating in a report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. HCI Group has an average rating of “Hold” and an average price target of $43.33.

A number of hedge funds have recently made changes to their positions in HCI. Parametric Portfolio Associates LLC grew its holdings in HCI Group by 40.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 9,249 shares of the insurance provider’s stock worth $422,000 after acquiring an additional 2,666 shares in the last quarter. California Public Employees Retirement System grew its holdings in HCI Group by 9.7% during the 1st quarter. California Public Employees Retirement System now owns 32,800 shares of the insurance provider’s stock worth $1,495,000 after acquiring an additional 2,900 shares in the last quarter. Legal & General Group Plc grew its holdings in HCI Group by 1.6% during the 1st quarter. Legal & General Group Plc now owns 14,147 shares of the insurance provider’s stock worth $644,000 after acquiring an additional 221 shares in the last quarter. Vanguard Group Inc. grew its holdings in HCI Group by 6.6% during the 1st quarter. Vanguard Group Inc. now owns 549,378 shares of the insurance provider’s stock worth $25,040,000 after acquiring an additional 33,914 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY grew its holdings in HCI Group by 17.8% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 6,361 shares of the insurance provider’s stock worth $290,000 after acquiring an additional 961 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

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HCI Group Company Profile

HCI Group, Inc (HCI) is an insurance holding company. The Company operates through four operating divisions: property and casualty insurance, reinsurance, investment real estate and information technology. Its operations include Insurance Operations and Other Operations. Its Insurance Operations include property and casualty insurance, and reinsurance.

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