Barclays PLC Acquires 13,975 Shares of Kingsway Financial Services Inc. (NYSE:KFS)

Barclays PLC increased its holdings in shares of Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) by 325.5% during the third quarter, Holdings Channel.com reports. The fund owned 18,269 shares of the insurance provider’s stock after purchasing an additional 13,975 shares during the quarter. Barclays PLC’s holdings in Kingsway Financial Services were worth $150,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of KFS. BNP Paribas Financial Markets grew its holdings in shares of Kingsway Financial Services by 36.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 1,742 shares in the last quarter. Rhumbline Advisers lifted its position in Kingsway Financial Services by 25.8% during the second quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock worth $102,000 after purchasing an additional 2,534 shares during the period. DHK Financial Advisors Inc. bought a new stake in Kingsway Financial Services during the second quarter worth about $303,000. Bank of New York Mellon Corp grew its stake in Kingsway Financial Services by 21.9% during the second quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock worth $311,000 after buying an additional 6,778 shares in the last quarter. Finally, Annandale Capital LLC increased its holdings in Kingsway Financial Services by 2.6% in the 2nd quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider’s stock valued at $1,056,000 after buying an additional 3,200 shares during the period. Institutional investors and hedge funds own 72.38% of the company’s stock.

Insider Buying and Selling at Kingsway Financial Services

In other Kingsway Financial Services news, Director Joseph Stilwell sold 365,000 shares of Kingsway Financial Services stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $8.43, for a total value of $3,076,950.00. Following the transaction, the director now owns 593,743 shares in the company, valued at $5,005,253.49. The trade was a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders bought a total of 1,304 shares of company stock worth $11,583 over the last three months. Corporate insiders own 54.75% of the company’s stock.

Kingsway Financial Services Stock Performance

Shares of Kingsway Financial Services stock opened at $8.03 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.20. The company has a 50 day moving average of $8.70 and a 200-day moving average of $8.42. Kingsway Financial Services Inc. has a 1-year low of $7.60 and a 1-year high of $9.58.

About Kingsway Financial Services

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.