Capital Returns Management Raised Federated Natl Hldg Co (FNHC) Holding by $3.26 Million as Share Price Declined; Equifax (EFX) Holder Financial Engines Advisors Cut Position as Shares Declined

May 22, 2018 - By Ellis Scott

Federated National Holding Company (NASDAQ:FNHC) Logo

Financial Engines Advisors Llc decreased its stake in Equifax Inc (EFX) by 23.63% based on its latest 2017Q4 regulatory filing with the SEC. Financial Engines Advisors Llc sold 4,970 shares as the company’s stock declined 2.76% with the market. The institutional investor held 16,062 shares of the finance company at the end of 2017Q4, valued at $1.89 million, down from 21,032 at the end of the previous reported quarter. Financial Engines Advisors Llc who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $14.01 billion market cap company. The stock increased 1.55% or $1.78 during the last trading session, reaching $116.49. About 507,220 shares traded. Equifax Inc. (NYSE:EFX) has declined 14.11% since May 22, 2017 and is downtrending. It has underperformed by 25.66% the S&P500.

Ron Bobman increased its stake in Federated Natl Hldg Co (FNHC) by 25.28% based on its latest 2017Q4 regulatory filing with the SEC. Capital Returns Management Llc bought 203,699 shares as the company’s stock declined 2.05% with the market. The hedge fund run by Ron Bobman held 1.01 million shares of the property-casualty insurers company at the end of 2017Q4, valued at $16.73M, up from 805,673 at the end of the previous reported quarter. Capital Returns Management Llc who had been investing in Federated Natl Hldg Co for a number of months, seems to be bullish on the $279.58M market cap company. The stock increased 3.39% or $0.72 during the last trading session, reaching $21.98. About 233,177 shares traded or 300.55% up from the average. Federated National Holding Company (NASDAQ:FNHC) has declined 6.84% since May 22, 2017 and is downtrending. It has underperformed by 18.39% the S&P500.

More notable recent Federated National Holding Company (NASDAQ:FNHC) news were published by: Investorplace.com which released: “Bet on These 5 Stocks with Remarkable Net Profit Margin” on May 18, 2018, also Seekingalpha.com with their article: “Federated National Holding’s (FNHC) CEO Michael Braun on Q1 2018 Results – Earnings Call Transcript” published on May 12, 2018, Investorplace.com published: “Buy These 5 Low Leverage Stocks to Strengthen Your Portfolio” on May 18, 2018. More interesting news about Federated National Holding Company (NASDAQ:FNHC) were released by: Benzinga.com and their article: “Mid-Morning Market Update: Markets Edge Lower; DISH Network Revenue Misses Expectations” published on May 08, 2018 as well as Globenewswire.com‘s news article titled: “Federated National Holding Company Reports First Quarter of 2018 Results” with publication date: May 07, 2018.

Capital Returns Management Llc, which manages about $322.04 million US Long portfolio, decreased its stake in Emc Ins Group Inc (NASDAQ:EMCI) by 43,545 shares to 229,462 shares, valued at $6.58 million in 2017Q4, according to the filing. It also reduced its holding in Global Indty Ltd Cayman by 53,707 shares in the quarter, leaving it with 432,341 shares, and cut its stake in Universal Ins Hldgs Inc (NYSE:UVE).

Since December 15, 2017, it had 0 buys, and 2 insider sales for $81,378 activity. Kimbrough Jenifer G had sold 4,241 shares worth $71,219 on Friday, March 16.

Among 3 analysts covering Federated National Holding Company (NASDAQ:FNHC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Federated National Holding Company had 7 analyst reports since October 12, 2015 according to SRatingsIntel. Raymond James downgraded the stock to “Outperform” rating in Tuesday, March 8 report. Keefe Bruyette & Woods maintained the shares of FNHC in report on Wednesday, September 20 with “Buy” rating. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, December 20. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, August 17 report. The stock of Federated National Holding Company (NASDAQ:FNHC) earned “Buy” rating by Janney Capital on Monday, October 12. Raymond James upgraded the stock to “Strong Buy” rating in Monday, May 14 report. The firm earned “Neutral” rating on Thursday, November 3 by Janney Capital.

Investors sentiment decreased to 0.85 in Q4 2017. Its down 0.21, from 1.06 in 2017Q3. It dropped, as 12 investors sold FNHC shares while 27 reduced holdings. 13 funds opened positions while 20 raised stakes. 7.98 million shares or 0.92% less from 8.05 million shares in 2017Q3 were reported. Ameritas Investment Prtnrs Incorporated owns 1,014 shares for 0% of their portfolio. Vanguard Gru owns 0% invested in Federated National Holding Company (NASDAQ:FNHC) for 482,770 shares. Bnp Paribas Arbitrage holds 3,368 shares or 0% of its portfolio. California Employees Retirement has invested 0% in Federated National Holding Company (NASDAQ:FNHC). Millennium Ltd holds 0% or 204,053 shares. Tiaa Cref Invest Mgmt Lc holds 0% in Federated National Holding Company (NASDAQ:FNHC) or 75,476 shares. Parallax Volatility Advisers Limited Partnership has invested 0% of its portfolio in Federated National Holding Company (NASDAQ:FNHC). Lsv Asset Mgmt holds 0% or 37,100 shares in its portfolio. 42,331 were reported by Wells Fargo Com Mn. Macquarie Grp, Australia-based fund reported 4,780 shares. State Street stated it has 213,986 shares. Loomis Sayles & LP invested 0% of its portfolio in Federated National Holding Company (NASDAQ:FNHC). Jacobs Levy Equity Management invested in 24,800 shares. Returns Mngmt Limited has invested 5.19% in Federated National Holding Company (NASDAQ:FNHC). Invesco Limited accumulated 17,850 shares or 0% of the stock.

Financial Engines Advisors Llc, which manages about $88.20 billion and $3.48 billion US Long portfolio, upped its stake in Edwards Lifsci Corp Com Stock (NYSE:EW) by 17,307 shares to 47,335 shares, valued at $5.34 million in 2017Q4, according to the filing. It also increased its holding in Alaska Air Group Inc (NYSE:ALK) by 40,790 shares in the quarter, for a total of 84,673 shares, and has risen its stake in Schwab Strategic Trust (SCHV).

Among 18 analysts covering Equifax Inc (NYSE:EFX), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Equifax Inc had 66 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $15100 target in Thursday, July 27 report. The stock of Equifax Inc. (NYSE:EFX) has “Equal-Weight” rating given on Thursday, December 14 by Barclays Capital. The firm has “Overweight” rating by Barclays Capital given on Friday, April 29. The rating was maintained by Stephens with “Hold” on Wednesday, March 7. The firm has “Overweight” rating given on Friday, February 10 by Barclays Capital. The company was maintained on Friday, March 31 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Friday, September 8 with “Buy”. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, October 23. The firm has “Overweight” rating by Atlantic Securities given on Thursday, March 23. The stock of Equifax Inc. (NYSE:EFX) earned “Overweight” rating by Barclays Capital on Thursday, September 14.

More notable recent Equifax Inc. (NYSE:EFX) news were published by: Bizjournals.com which released: “Coca-Cola among Georgia companies to dip on Fortune 500 list (Slideshow)” on May 21, 2018, also Streetinsider.com with their article: “Equifax (EFX) Declares $0.095 Quarterly Dividend; 0.3% Yield” published on May 04, 2018, Bizjournals.com published: “Equifax excludes media from annual shareholders meeting in Atlanta” on May 03, 2018. More interesting news about Equifax Inc. (NYSE:EFX) were released by: Seekingalpha.com and their article: “Equifax’ (EFX) CEO Mark Begor on Q1 2018 Results – Earnings Call Transcript” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” with publication date: May 21, 2018.

Analysts await Equifax Inc. (NYSE:EFX) to report earnings on July, 25. They expect $1.54 earnings per share, down 3.75% or $0.06 from last year’s $1.6 per share. EFX’s profit will be $185.24M for 18.91 P/E if the $1.54 EPS becomes a reality. After $1.43 actual earnings per share reported by Equifax Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Federated National Holding Company (NASDAQ:FNHC) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>