Geode Capital Management LLC Buys 6,941 Shares of Kingsway Financial Services Inc. (NYSE:KFS)

Geode Capital Management LLC grew its stake in shares of Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) by 2.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 347,235 shares of the insurance provider’s stock after acquiring an additional 6,941 shares during the quarter. Geode Capital Management LLC’s holdings in Kingsway Financial Services were worth $2,875,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of KFS. BNP Paribas Financial Markets raised its position in shares of Kingsway Financial Services by 36.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock valued at $54,000 after acquiring an additional 1,742 shares during the period. Rhumbline Advisers raised its holdings in Kingsway Financial Services by 25.8% in the second quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock worth $102,000 after purchasing an additional 2,534 shares during the period. Barclays PLC boosted its position in shares of Kingsway Financial Services by 325.5% during the third quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock worth $150,000 after purchasing an additional 13,975 shares in the last quarter. DHK Financial Advisors Inc. acquired a new position in shares of Kingsway Financial Services in the 2nd quarter valued at $303,000. Finally, Bank of New York Mellon Corp raised its stake in Kingsway Financial Services by 21.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock worth $311,000 after buying an additional 6,778 shares during the period. 72.38% of the stock is currently owned by institutional investors and hedge funds.

Kingsway Financial Services Stock Up 0.2 %

KFS stock opened at $8.03 on Wednesday. Kingsway Financial Services Inc. has a 1-year low of $7.60 and a 1-year high of $9.58. The business’s 50-day moving average price is $8.70 and its two-hundred day moving average price is $8.42. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 1.20.

Insider Buying and Selling at Kingsway Financial Services

In other Kingsway Financial Services news, Director Joseph Stilwell sold 25,000 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $8.78, for a total transaction of $219,500.00. Following the completion of the transaction, the director now owns 636,159 shares in the company, valued at approximately $5,585,476.02. This represents a 3.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have purchased 1,304 shares of company stock valued at $11,583. 54.75% of the stock is currently owned by corporate insiders.

Kingsway Financial Services Profile

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.