VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 3,300 Shares of HCI Group, Inc. $HCI

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of HCI Group, Inc. (NYSE:HCI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,300 shares of the insurance provider’s stock, valued at approximately $574,000.

Several other hedge funds also recently made changes to their positions in HCI. BlackRock Inc. acquired a new stake in shares of HCI Group during the second quarter worth about $323,098,000. Freestone Grove Partners LP acquired a new stake in shares of HCI Group in the 2nd quarter valued at about $30,766,000. Arrowstreet Capital Limited Partnership boosted its position in shares of HCI Group by 2,944.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 116,858 shares of the insurance provider’s stock valued at $18,067,000 after purchasing an additional 113,019 shares during the period. Bank of America Corp DE acquired a new stake in shares of HCI Group in the 2nd quarter valued at about $17,422,000. Finally, Bank of New York Mellon Corp purchased a new position in HCI Group during the 2nd quarter worth approximately $13,805,000. Hedge funds and other institutional investors own 86.99% of the company’s stock.

HCI Group Price Performance

HCI stock traded down $6.08 on Friday, reaching $185.95. 205,412 shares of the company’s stock were exchanged, compared to its average volume of 171,969. The stock has a fifty day moving average of $190.22 and a 200-day moving average of $171.43. HCI Group, Inc. has a twelve month low of $144.75 and a twelve month high of $208.80. The firm has a market cap of $2.31 billion, a PE ratio of 7.51 and a beta of 0.96. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03.

HCI Group (NYSE:HCI) last released its quarterly earnings data on Wednesday, November 4th. The insurance provider reported $6.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.96 by $1.49. HCI Group had a return on equity of 28.80% and a net margin of 32.60%. The firm had revenue of $244.91 million during the quarter, compared to analysts’ expectations of $247.75 million. As a group, equities analysts predict that HCI Group, Inc. will post 21.04 EPS for the current fiscal year.

HCI Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. HCI Group’s dividend payout ratio is 6.90%.

Key Headlines Impacting HCI Group

Here are the key news stories impacting HCI Group this week:

• Positive Sentiment: HCI reported third-quarter diluted EPS of $6.45, beating analyst estimates of roughly $5, while net income rose to $86 million from $68 million a year earlier. Gross written premiums increased 12%, and the gross loss ratio was 20.7%. HCI Group Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their targets: Truist moved its target to $245 from $235 and maintained a Buy rating; Citizens JMP raised its target to $280 from $265 and kept a Market Outperform rating. These revisions indicate continued optimism about the shares. Truist raises HCI price target Citizens JMP issues positive forecast
• Negative Sentiment: Quarterly revenue of $244.9 million was below the approximately $247.8 million analyst consensus. That shortfall may be tempering the reaction to the earnings beat. HCI reports sales below analyst estimates
• Negative Sentiment: HCI outlined an estimated $15 million net loss from Isaias for the fourth quarter. This expected catastrophe cost could pressure near-term results, despite the company’s strong Q3 performance. HCI outlines Isaias loss estimate

Wall Street Analyst Weigh In

HCI has been the topic of several research analyst reports. Weiss Ratings lowered HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Citigroup restated a “market outperform” rating on shares of HCI Group in a research report on Thursday. Truist Financial increased their price target on shares of HCI Group from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday. Zacks Research raised shares of HCI Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Finally, Citizens Jmp raised their price target on HCI Group from $265.00 to $280.00 and gave the stock a “market outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $250.00.

HCI Group Profile

HCI Group, Inc is a Florida-based holding company focused primarily on property and casualty insurance. Through its insurance subsidiaries, the company provides residential property insurance products, including homeowners, condominium, renters and dwelling coverage, designed to protect policyholders against risks such as wind, fire, theft and other covered losses.

HCI’s insurance operations have historically been concentrated in Florida, one of the largest and most challenging residential property-insurance markets in the United States.