125,867 Shares in Heritage Insurance Holdings, Inc. (NYSE:HRTG) Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC bought a new stake in Heritage Insurance Holdings, Inc. (NYSE:HRTG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 125,867 shares of the insurance provider’s stock, valued at approximately $1,541,000. Segall Bryant & Hamill LLC owned 0.41% of Heritage Insurance as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Heritage Insurance by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,414,585 shares of the insurance provider’s stock worth $10,016,000 after buying an additional 96,923 shares during the period. Renaissance Technologies LLC grew its holdings in Heritage Insurance by 45.7% in the second quarter. Renaissance Technologies LLC now owns 436,099 shares of the insurance provider’s stock worth $3,088,000 after purchasing an additional 136,800 shares during the period. American Century Companies Inc. increased its stake in Heritage Insurance by 63.3% in the second quarter. American Century Companies Inc. now owns 432,732 shares of the insurance provider’s stock valued at $3,064,000 after purchasing an additional 167,819 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Heritage Insurance by 226.3% during the second quarter. Acadian Asset Management LLC now owns 410,515 shares of the insurance provider’s stock valued at $2,903,000 after purchasing an additional 284,710 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Heritage Insurance by 87.6% during the third quarter. Assenagon Asset Management S.A. now owns 235,019 shares of the insurance provider’s stock valued at $2,877,000 after purchasing an additional 109,714 shares during the period. Institutional investors own 59.03% of the company’s stock.

Heritage Insurance Trading Up 0.7 %

NYSE:HRTG opened at $12.39 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.76 and a quick ratio of 0.76. Heritage Insurance Holdings, Inc. has a one year low of $5.51 and a one year high of $16.90. The company has a market cap of $380.13 million, a PE ratio of 4.96 and a beta of 0.98. The firm has a 50-day moving average of $12.06 and a 200-day moving average of $10.53.

Heritage Insurance (NYSE:HRTG) last issued its quarterly earnings data on Wednesday, November 6th. The insurance provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.25. The firm had revenue of $211.85 million during the quarter, compared to analyst estimates of $209.91 million. Heritage Insurance had a return on equity of 29.17% and a net margin of 9.10%. During the same period in the previous year, the company posted ($0.28) EPS. As a group, equities research analysts expect that Heritage Insurance Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HRTG has been the subject of several research reports. Piper Sandler upgraded Heritage Insurance from a “neutral” rating to an “overweight” rating and raised their target price for the company from $9.00 to $13.00 in a research note on Friday, August 9th. Truist Financial raised their price objective on Heritage Insurance from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, StockNews.com raised Heritage Insurance from a “hold” rating to a “buy” rating in a research report on Saturday, November 16th.

About Heritage Insurance

Heritage Insurance Holdings, Inc, through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance.