American Integrity Insurance Group, Inc. $AII Stock Position Lifted by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC boosted its stake in American Integrity Insurance Group, Inc. (NYSE:AII) by 24.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 310,325 shares of the company’s stock after acquiring an additional 60,072 shares during the quarter. Pacific Ridge Capital Partners LLC’s holdings in American Integrity Insurance Group were worth $6,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AII. Strs Ohio bought a new position in shares of American Integrity Insurance Group in the third quarter valued at approximately $33,000. JPMorgan Chase & Co. bought a new stake in shares of American Integrity Insurance Group in the 3rd quarter worth $72,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in American Integrity Insurance Group during the third quarter valued at about $83,000. Raymond James Financial Inc. acquired a new stake in American Integrity Insurance Group in the 2nd quarter valued at about $101,000. Finally, Rhumbline Advisers acquired a new stake in American Integrity Insurance Group during the third quarter valued at approximately $155,000.

American Integrity Insurance Group Trading Up 0.5%

NYSE AII opened at $19.84 on Tuesday. American Integrity Insurance Group, Inc. has a 1-year low of $15.77 and a 1-year high of $26.36. The firm’s fifty day simple moving average is $19.28 and its 200-day simple moving average is $20.10. The company has a market capitalization of $388.37 million and a PE ratio of 3.74.

American Integrity Insurance Group (NYSE:AII) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.79 by $0.32. The business had revenue of $68.07 million during the quarter. American Integrity Insurance Group had a return on equity of 36.87% and a net margin of 36.03%. As a group, analysts predict that American Integrity Insurance Group, Inc. will post 2.73 EPS for the current year.

American Integrity Insurance Group Announces Dividend

The business also recently declared a special dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 16th were paid a dividend of $1.02 per share. The ex-dividend date was Monday, March 16th.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AII shares. Keefe, Bruyette & Woods cut their price objective on American Integrity Insurance Group from $28.00 to $27.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Citigroup reissued a “market outperform” rating on shares of American Integrity Insurance Group in a research note on Friday, January 16th. Raymond James Financial set a $28.00 price target on shares of American Integrity Insurance Group in a report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Integrity Insurance Group in a research report on Monday, May 4th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, American Integrity Insurance Group has a consensus rating of “Moderate Buy” and an average target price of $27.50.

About American Integrity Insurance Group

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.