Kinsale Capital Group (NASDAQ:KNSL) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

A number of other brokerages have also commented on KNSL. Zacks Investment Research raised Kinsale Capital Group from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Wednesday, January 10th. William Blair reissued a “hold” rating on shares of Kinsale Capital Group in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Kinsale Capital Group currently has a consensus rating of “Buy” and a consensus target price of $47.33.

Kinsale Capital Group (KNSL) opened at $47.50 on Tuesday. The company has a market capitalization of $988.83 and a price-to-earnings ratio of 39.26. Kinsale Capital Group has a fifty-two week low of $28.67 and a fifty-two week high of $49.17.

In related news, SVP Ann Marie Marson sold 2,500 shares of Kinsale Capital Group stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $43.00, for a total transaction of $107,500.00. Following the transaction, the senior vice president now directly owns 112,834 shares of the company’s stock, valued at $4,851,862. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 11.20% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in KNSL. Schwab Charles Investment Management Inc. grew its holdings in Kinsale Capital Group by 102.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 23,700 shares of the financial services provider’s stock worth $885,000 after acquiring an additional 12,000 shares during the period. Alliancebernstein L.P. grew its holdings in Kinsale Capital Group by 60.3% during the second quarter. Alliancebernstein L.P. now owns 10,900 shares of the financial services provider’s stock worth $407,000 after acquiring an additional 4,100 shares during the period. Teachers Advisors LLC grew its holdings in Kinsale Capital Group by 159.0% during the second quarter. Teachers Advisors LLC now owns 25,882 shares of the financial services provider’s stock worth $966,000 after acquiring an additional 15,890 shares during the period. TIAA CREF Investment Management LLC grew its holdings in Kinsale Capital Group by 17.9% during the second quarter. TIAA CREF Investment Management LLC now owns 73,330 shares of the financial services provider’s stock worth $2,736,000 after acquiring an additional 11,127 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in Kinsale Capital Group by 17.1% during the second quarter. Ameriprise Financial Inc. now owns 56,900 shares of the financial services provider’s stock worth $2,123,000 after acquiring an additional 8,297 shares during the period. 81.95% of the stock is currently owned by hedge funds and other institutional investors.

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Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers.

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