Los Angeles Capital Management LLC lower its holdings in shares of Trean Insurance Group, Inc. (NASDAQ:TIG – Get Rating) by 41.7% in the course of the second quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Exchange Commission. The agency owned 41,895 shares of the corporate’s inventory after promoting 29,950 shares in the course of the quarter. Los Angeles Capital Management LLC owned roughly 0.08% of Trean Insurance Group price $261,000 as of its most up-to-date SEC submitting.
A quantity of different institutional traders and hedge funds have additionally purchased and bought shares of TIG. Royce & Associates LP raised its holdings in Trean Insurance Group by 17.1% in the course of the first quarter. Royce & Associates LP now owns 4,760,062 shares of the corporate’s inventory valued at $22,325,000 after buying an extra 694,537 shares in the course of the interval. Natixis Advisors L.P. elevated its holdings in shares of Trean Insurance Group by 10.2% within the first quarter. Natixis Advisors L.P. now owns 182,946 shares of the corporate’s inventory price $858,000 after buying an extra 16,993 shares over the last quarter. Blair William & Co. IL elevated its holdings in shares of Trean Insurance Group by 5.3% within the first quarter. Blair William & Co. IL now owns 762,007 shares of the corporate’s inventory price $3,574,000 after buying an extra 38,044 shares over the last quarter. Renaissance Technologies LLC elevated its holdings in shares of Trean Insurance Group by 92.7% within the first quarter. Renaissance Technologies LLC now owns 29,100 shares of the corporate’s inventory price $136,000 after buying an extra 14,000 shares over the last quarter. Finally, UBS Group AG elevated its holdings in shares of Trean Insurance Group by 26.7% within the first quarter. UBS Group AG now owns 8,250 shares of the corporate’s inventory price $39,000 after buying an extra 1,738 shares over the last quarter. 29.01% of the inventory is owned by institutional traders.
Trean Insurance Group Trading Up 4.3 %
Shares of NASDAQ TIG opened at $2.65 on Friday. The business’s 50 day transferring common is $3.44 and its two-hundred day transferring common is $4.99. The firm has a debt-to-equity ratio of 0.07, a present ratio of 0.75 and a fast ratio of 0.75. Trean Insurance Group, Inc. has a 1-year low of $2.38 and a 1-year excessive of $10.10. The inventory has a market capitalization of $135.73 million, a P/E ratio of 5.10 and a beta of 0.71.
Trean Insurance Group (NASDAQ:TIG – Get Rating) final issued its quarterly earnings knowledge on Wednesday, November 2nd. The firm reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. Trean Insurance Group had a return on fairness of 5.13% and a internet margin of 9.67%. The firm had income of $76.47 million for the quarter, in comparison with analysts’ expectations of $68.40 million. As a bunch, analysis analysts count on that Trean Insurance Group, Inc. will submit 0.44 EPS for the present 12 months.
Analyst Ratings Changes
TIG has been the subject of a number of analysis reviews. JPMorgan Chase & Co. diminished their goal value on Trean Insurance Group from $6.00 to $5.50 and set a “neutral” ranking on the inventory in a report on Thursday, November third. InventoryNews.com initiated protection on Trean Insurance Group in a report on Wednesday, October twelfth. They issued a “buy” ranking on the inventory.
About Trean Insurance Group
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Trean Insurance Group, Inc underwrites specialty casualty insurance merchandise within the United States. The firm underwrites business, predominantly employees’ compensation, accident and well being, and medical skilled legal responsibility merchandise. It additionally presents a spread of companies, together with issuing provider, claims administration, and reinsurance brokerage companies.
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