Keefe, Bruyette & Woods reaffirmed their buy rating on shares of National General Holdings Corp (NASDAQ:NGHC) in a research report report published on Tuesday morning. Keefe, Bruyette & Woods currently has a $27.00 price target on the insurance provider’s stock.

A number of other research analysts have also recently commented on the company. ValuEngine cut National General Holdings Corp from a buy rating to a hold rating in a research report on Thursday, May 25th. BidaskClub raised National General Holdings Corp from a strong sell rating to a sell rating in a research report on Friday, June 30th. Finally, Zacks Investment Research raised National General Holdings Corp from a strong sell rating to a hold rating and set a $24.00 price target on the stock in a research report on Thursday, July 20th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $24.67.

National General Holdings Corp (NASDAQ:NGHC) traded up 0.94% during midday trading on Tuesday, hitting $21.46. The stock had a trading volume of 65,442 shares. National General Holdings Corp has a 52 week low of $18.04 and a 52 week high of $26.99. The company has a 50-day moving average price of $21.32 and a 200-day moving average price of $22.87. The stock has a market cap of $2.29 billion, a P/E ratio of 18.03 and a beta of 1.26.

National General Holdings Corp (NASDAQ:NGHC) last issued its quarterly earnings results on Monday, May 8th. The insurance provider reported $0.38 EPS for the quarter, meeting analysts’ consensus estimates of $0.38. National General Holdings Corp had a return on equity of 10.43% and a net margin of 3.70%. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $943.94 million. During the same quarter in the prior year, the firm earned $0.50 EPS. The business’s revenue for the quarter was up 36.1% compared to the same quarter last year. Equities analysts expect that National General Holdings Corp will post $1.74 EPS for the current year.

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The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Monday, July 3rd were given a dividend of $0.04 per share. The ex-dividend date was Thursday, June 29th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.75%. National General Holdings Corp’s dividend payout ratio is presently 13.56%.

In other news, COO Peter A. Rendall sold 32,659 shares of the company’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $22.05, for a total transaction of $720,130.95. Following the transaction, the chief operating officer now owns 63,686 shares of the company’s stock, valued at approximately $1,404,276.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Peter A. Rendall sold 30,901 shares of the company’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $21.06, for a total value of $650,775.06. Following the transaction, the chief operating officer now directly owns 126 shares in the company, valued at approximately $2,653.56. The disclosure for this sale can be found here. 3.43% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Boston Partners bought a new stake in shares of National General Holdings Corp during the first quarter worth about $19,999,000. Wells Fargo & Company MN boosted its stake in shares of National General Holdings Corp by 14.6% in the first quarter. Wells Fargo & Company MN now owns 2,037,874 shares of the insurance provider’s stock worth $48,420,000 after buying an additional 259,243 shares during the period. RE Advisers Corp boosted its stake in shares of National General Holdings Corp by 25.7% in the first quarter. RE Advisers Corp now owns 1,248,549 shares of the insurance provider’s stock worth $29,666,000 after buying an additional 255,249 shares during the period. Thrivent Financial For Lutherans bought a new stake in shares of National General Holdings Corp during the first quarter worth about $4,608,000. Finally, Vanguard Group Inc. boosted its stake in shares of National General Holdings Corp by 4.6% in the first quarter. Vanguard Group Inc. now owns 4,118,335 shares of the insurance provider’s stock worth $97,851,000 after buying an additional 180,570 shares during the period. 53.75% of the stock is currently owned by hedge funds and other institutional investors.

National General Holdings Corp Company Profile

National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.

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