American Integrity Insurance Group (NYSE:AII) Given New $25.00 Price Target at Citizens Jmp

American Integrity Insurance Group (NYSE:AII) had its price objective reduced by investment analysts at Citizens Jmp from $28.00 to $25.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would indicate a potential upside of 40.77% from the company’s current price.

Several other research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods cut their target price on American Integrity Insurance Group from $28.00 to $27.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Integrity Insurance Group in a research report on Monday, May 4th. Raymond James Financial set a $28.00 price objective on American Integrity Insurance Group in a research note on Friday, January 16th. Finally, Citigroup reaffirmed an “outperform” rating on shares of American Integrity Insurance Group in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Integrity Insurance Group has an average rating of “Moderate Buy” and an average price target of $26.75.

American Integrity Insurance Group Price Performance

Shares of American Integrity Insurance Group stock traded down $1.84 during trading on Wednesday, hitting $17.76. The company’s stock had a trading volume of 38,357 shares, compared to its average volume of 122,548. The stock has a market cap of $347.74 million and a price-to-earnings ratio of 3.35. American Integrity Insurance Group has a 52 week low of $15.77 and a 52 week high of $26.36. The stock has a 50-day moving average price of $19.27 and a two-hundred day moving average price of $20.08.

American Integrity Insurance Group (NYSE:AII) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $90.93 million during the quarter. American Integrity Insurance Group had a return on equity of 36.87% and a net margin of 36.03%. On average, equities analysts predict that American Integrity Insurance Group will post 2.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio purchased a new position in American Integrity Insurance Group during the third quarter valued at approximately $33,000. NewEdge Advisors LLC bought a new position in American Integrity Insurance Group in the 4th quarter valued at $33,000. New York State Common Retirement Fund bought a new position in shares of American Integrity Insurance Group in the fourth quarter worth $42,000. Police & Firemen s Retirement System of New Jersey raised its position in shares of American Integrity Insurance Group by 172.7% in the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 2,446 shares of the company’s stock worth $51,000 after buying an additional 1,549 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in American Integrity Insurance Group during the third quarter valued at $72,000.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.