FJ Capital Management LLC Boosts Holdings in Kingstone Companies, Inc $KINS

FJ Capital Management LLC grew its position in Kingstone Companies, Inc (NASDAQ:KINS) by 89.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,256 shares of the insurance provider’s stock after purchasing an additional 36,927 shares during the quarter. FJ Capital Management LLC owned about 0.55% of Kingstone Companies worth $1,317,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in KINS. Barclays PLC lifted its holdings in shares of Kingstone Companies by 9.2% during the 4th quarter. Barclays PLC now owns 17,531 shares of the insurance provider’s stock valued at $295,000 after purchasing an additional 1,484 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Kingstone Companies during the 4th quarter valued at about $51,000. First Trust Advisors LP increased its position in Kingstone Companies by 2.5% during the 4th quarter. First Trust Advisors LP now owns 37,121 shares of the insurance provider’s stock valued at $625,000 after buying an additional 915 shares in the last quarter. State Street Corp raised its stake in Kingstone Companies by 0.6% in the fourth quarter. State Street Corp now owns 160,604 shares of the insurance provider’s stock valued at $2,703,000 after buying an additional 932 shares during the last quarter. Finally, Boston Partners acquired a new stake in Kingstone Companies in the fourth quarter worth about $437,000. 14.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kingstone Companies

In other Kingstone Companies news, Director Thomas Newgarden acquired 15,301 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $14.52 per share, with a total value of $222,170.52. Following the purchase, the director owned 70,165 shares in the company, valued at approximately $1,018,795.80. The trade was a 27.89% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William L. Yankus sold 13,500 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $18.00, for a total value of $243,000.00. Following the completion of the sale, the director directly owned 84,972 shares of the company’s stock, valued at approximately $1,529,496. This represents a 13.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have purchased 44,502 shares of company stock worth $653,377 over the last 90 days. 5.10% of the stock is currently owned by company insiders.

Kingstone Companies Stock Up 2.2%

Kingstone Companies stock opened at $16.23 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.04. The firm has a market cap of $235.01 million, a price-to-earnings ratio of 7.55 and a beta of 0.46. The business’s 50-day moving average price is $15.88 and its 200 day moving average price is $15.83. Kingstone Companies, Inc has a 52 week low of $13.08 and a 52 week high of $19.42.

Kingstone Companies (NASDAQ:KINS) last released its quarterly earnings data on Thursday, May 7th. The insurance provider reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.09). Kingstone Companies had a net margin of 13.86% and a return on equity of 28.63%. The firm had revenue of $59.78 million during the quarter, compared to analysts’ expectations of $66.90 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. As a group, sell-side analysts anticipate that Kingstone Companies, Inc will post 2.6 earnings per share for the current year.

Kingstone Companies announced that its Board of Directors has authorized a share buyback plan on Tuesday, May 19th that permits the company to repurchase 1,000,000 shares. This repurchase authorization permits the insurance provider to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Kingstone Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, May 11th. Kingstone Companies’s payout ratio is 9.30%.

Analyst Upgrades and Downgrades

KINS has been the subject of a number of research analyst reports. Weiss Ratings cut shares of Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Wall Street Zen lowered shares of Kingstone Companies from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

About Kingstone Companies

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.