16,259 Shares in Kingstone Companies, Inc. (NASDAQ:KINS) Acquired by Trexquant Investment LP

Trexquant Investment LP purchased a new stake in Kingstone Companies, Inc. (NASDAQ:KINS) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 16,259 shares of the insurance provider’s stock, valued at approximately $247,000.

A number of other hedge funds have also bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new position in shares of Kingstone Companies during the 4th quarter worth approximately $26,000. Barclays PLC acquired a new stake in Kingstone Companies during the third quarter worth approximately $49,000. JPMorgan Chase & Co. increased its stake in Kingstone Companies by 53,684.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,219 shares of the insurance provider’s stock worth $94,000 after acquiring an additional 10,200 shares during the period. Jane Street Group LLC acquired a new position in Kingstone Companies in the 3rd quarter valued at $170,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of Kingstone Companies during the 4th quarter valued at $191,000. 14.91% of the stock is owned by institutional investors.

Kingstone Companies Stock Performance

Shares of NASDAQ:KINS opened at $16.60 on Monday. Kingstone Companies, Inc. has a 1 year low of $3.93 and a 1 year high of $19.18. The stock has a market capitalization of $227.93 million, a price-to-earnings ratio of 12.77 and a beta of 0.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.43. The company’s 50 day simple moving average is $16.29 and its 200 day simple moving average is $14.41.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.