American Integrity Insurance Group, Inc. $AII Shares Bought by Mink Brook Asset Management LLC

Mink Brook Asset Management LLC grew its holdings in shares of American Integrity Insurance Group, Inc. (NYSE:AII) by 12.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 478,473 shares of the company’s stock after purchasing an additional 51,933 shares during the quarter. American Integrity Insurance Group makes up about 7.2% of Mink Brook Asset Management LLC’s investment portfolio, making the stock its 4th biggest position. Mink Brook Asset Management LLC owned 2.44% of American Integrity Insurance Group worth $10,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AII. Strs Ohio acquired a new position in American Integrity Insurance Group in the third quarter valued at $33,000. JPMorgan Chase & Co. purchased a new stake in American Integrity Insurance Group in the 3rd quarter valued at about $72,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in American Integrity Insurance Group in the 3rd quarter valued at about $83,000. Man Group plc increased its stake in shares of American Integrity Insurance Group by 21.1% during the 3rd quarter. Man Group plc now owns 26,361 shares of the company’s stock valued at $588,000 after acquiring an additional 4,601 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at about $101,000.

American Integrity Insurance Group Price Performance

American Integrity Insurance Group stock opened at $18.89 on Tuesday. The company has a market cap of $369.79 million and a price-to-earnings ratio of 3.56. American Integrity Insurance Group, Inc. has a 12 month low of $15.77 and a 12 month high of $26.36. The stock’s 50-day moving average is $18.96 and its 200-day moving average is $20.76.

American Integrity Insurance Group (NYSE:AII) last issued its earnings results on Tuesday, February 24th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.32. American Integrity Insurance Group had a return on equity of 36.87% and a net margin of 36.03%.The business had revenue of $68.07 million during the quarter.

American Integrity Insurance Group Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be given a $1.02 dividend. The ex-dividend date of this dividend is Monday, March 16th.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AII. Keefe, Bruyette & Woods decreased their target price on shares of American Integrity Insurance Group from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Monday, March 9th. Raymond James Financial set a $28.00 price target on shares of American Integrity Insurance Group in a research report on Friday, January 16th. Citigroup reaffirmed a “market outperform” rating on shares of American Integrity Insurance Group in a research note on Friday, January 16th. Citizens Jmp lifted their price target on shares of American Integrity Insurance Group from $26.00 to $28.00 and gave the company a “market outperform” rating in a report on Monday, November 17th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of American Integrity Insurance Group in a research note on Wednesday, January 21st. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.75.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.