Kinsale Capital Group, Inc. (NASDAQ:KNSL) SVP Ann Marie Marson sold 7,500 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $43.00, for a total value of $322,500.00. Following the sale, the senior vice president now directly owns 105,334 shares in the company, valued at approximately $4,529,362. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ann Marie Marson also recently made the following trade(s):

  • On Friday, November 17th, Ann Marie Marson sold 2,500 shares of Kinsale Capital Group stock. The shares were sold at an average price of $43.00, for a total value of $107,500.00.

Kinsale Capital Group, Inc. (NASDAQ:KNSL) opened at $42.40 on Friday. Kinsale Capital Group, Inc. has a 12-month low of $26.23 and a 12-month high of $47.78. The firm has a market capitalization of $891.67, a PE ratio of 35.04 and a beta of -0.12.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be given a dividend of $0.06 per share. The ex-dividend date is Wednesday, November 29th. This represents a $0.24 annualized dividend and a yield of 0.57%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 19.83%.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KNSL. American International Group Inc. purchased a new position in Kinsale Capital Group during the first quarter worth about $129,000. Alliancebernstein L.P. purchased a new position in Kinsale Capital Group during the first quarter worth about $218,000. TIAA CREF Investment Management LLC lifted its position in Kinsale Capital Group by 30.3% during the first quarter. TIAA CREF Investment Management LLC now owns 62,203 shares of the financial services provider’s stock worth $1,993,000 after buying an additional 14,463 shares during the period. Vanguard Group Inc. lifted its position in Kinsale Capital Group by 22.1% during the first quarter. Vanguard Group Inc. now owns 506,838 shares of the financial services provider’s stock worth $16,239,000 after buying an additional 91,838 shares during the period. Finally, Geode Capital Management LLC lifted its position in Kinsale Capital Group by 4.6% during the first quarter. Geode Capital Management LLC now owns 86,491 shares of the financial services provider’s stock worth $2,771,000 after buying an additional 3,808 shares during the period. Hedge funds and other institutional investors own 76.95% of the company’s stock.

A number of analysts recently commented on KNSL shares. Zacks Investment Research raised Kinsale Capital Group from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Tuesday, August 8th. SunTrust Banks, Inc. set a $46.00 price objective on Kinsale Capital Group and gave the company a “buy” rating in a research note on Monday, August 7th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $41.00 price objective on shares of Kinsale Capital Group in a research note on Sunday, August 6th. Finally, William Blair lowered Kinsale Capital Group from an “outperform” rating to a “market perform” rating in a research note on Monday, October 9th.

About Kinsale Capital Group

Kinsale Capital Group, Inc is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers.

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