2 weeks Ago By ABMN Staff
Invesco Ltd. cut its stake in Safety Insurance Group, Inc. ( NASDAQ:SAFT – Free Report ) by 1.
7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,117 shares of the insurance provider’s stock after selling 1,741 shares during the quarter. Invesco Ltd.
’s holdings in Safety Insurance Group were worth $8,085,000 at the end of the most recent quarter. A number of other hedge funds have also modified their holdings of the company. Barclays PLC increased its stake in Safety Insurance Group by 348.
8% in the third quarter. Barclays PLC now owns 24,430 shares of the insurance provider’s stock valued at $1,997,000 after purchasing an additional 18,987 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Safety Insurance Group by 0.
7% in the 3rd quarter. Geode Capital Management LLC now owns 355,390 shares of the insurance provider’s stock valued at $29,070,000 after buying an additional 2,435 shares in the last quarter. JPMorgan Chase & Co.
increased its position in shares of Safety Insurance Group by 5.8% in the 3rd quarter. JPMorgan Chase & Co.
now owns 174,859 shares of the insurance provider’s stock valued at $14,300,000 after buying an additional 9,531 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in Safety Insurance Group by 4.3% during the 4th quarter.
Exchange Traded Concepts LLC now owns 21,156 shares of the insurance provider’s stock worth $1,743,000 after buying an additional 865 shares during the period. Finally, KBC Group NV lifted its holdings in Safety Insurance Group by 52.2% during the fourth quarter.
KBC Group NV now owns 1,000 shares of the insurance provider’s stock worth $82,000 after acquiring an additional 343 shares in the last quarter. 81.04% of the stock is currently owned by institutional investors and hedge funds.
Safety Insurance Group Stock Down 1.0 % Safety Insurance Group stock opened at $76.32 on Thursday.
Safety Insurance Group, Inc. has a twelve month low of $70.71 and a twelve month high of $90.
00. The company has a 50 day moving average of $77.10 and a 200-day moving average of $80.
10. The stock has a market capitalization of $1.14 billion, a PE ratio of 15.
11 and a beta of 0.19. Safety Insurance Group Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Friday, March 14th.
Investors of record on Monday, March 3rd were given a $0.90 dividend. This represents a $3.
60 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date of this dividend was Monday, March 3rd.
Safety Insurance Group’s dividend payout ratio is currently 75.47%. Wall Street Analysts Forecast Growth Separately, StockNews.
com lowered Safety Insurance Group from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Get Our Latest Report on SAFT Safety Insurance Group Company Profile ( Free Report ) Safety Insurance Group, Inc provides private passenger and commercial automobile, and homeowner insurance in the United States. The company’s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured’s car occupants, and physical damage coverage for an insured’s own vehicle for collision or other perils.
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