Shares of National General Holdings Corp. (NASDAQ:NGHC) have been given a consensus rating of “Buy” by the six analysts that are covering the company. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $25.00.

Several brokerages recently commented on NGHC. Zacks Investment Research upgraded shares of National General Holdings Corp. from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. Morgan Stanley cut shares of National General Holdings Corp. from an “overweight” rating to an “equal weight” rating and set a $23.00 target price for the company. in a report on Friday, November 18th. They noted that the move was a valuation call. Keefe, Bruyette & Woods increased their target price on shares of National General Holdings Corp. from $26.00 to $27.00 and gave the stock an “outperform” rating in a report on Wednesday, August 3rd. Finally, William Blair restated an “outperform” rating on shares of National General Holdings Corp. in a report on Saturday, September 10th.

National General Holdings Corp. (NASDAQ:NGHC) opened at 23.08 on Monday. The company has a market cap of $2.46 billion, a P/E ratio of 19.09 and a beta of 1.27. The stock’s 50 day moving average is $21.76 and its 200 day moving average is $21.62. National General Holdings Corp. has a 12-month low of $18.04 and a 12-month high of $23.59.

National General Holdings Corp. (NASDAQ:NGHC) last announced its earnings results on Wednesday, November 2nd. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.07. National General Holdings Corp. had a return on equity of 12.60% and a net margin of 4.36%. The business had revenue of $857.38 million for the quarter, compared to analyst estimates of $846.07 million. During the same quarter in the previous year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 56.2% compared to the same quarter last year. On average, equities analysts forecast that National General Holdings Corp. will post $1.47 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Shareholders of record on Tuesday, January 3rd will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, December 29th. National General Holdings Corp.’s dividend payout ratio is currently 13.11%.

In other National General Holdings Corp. news, General Counsel Jeffrey Weissmann sold 18,000 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $22.78, for a total value of $410,040.00. Following the completion of the sale, the general counsel now owns 34,053 shares in the company, valued at $775,727.34. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 14.10% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted its stake in shares of National General Holdings Corp. by 1.5% in the second quarter. US Bancorp DE now owns 5,664 shares of the company’s stock worth $122,000 after buying an additional 83 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of National General Holdings Corp. by 31.0% in the second quarter. Advisors Asset Management Inc. now owns 5,845 shares of the company’s stock valued at $125,000 after buying an additional 1,384 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of National General Holdings Corp. during the third quarter valued at $139,000. BlackRock Inc. raised its position in shares of National General Holdings Corp. by 850.8% in the second quarter. BlackRock Inc. now owns 7,635 shares of the company’s stock valued at $164,000 after buying an additional 6,832 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its position in shares of National General Holdings Corp. by 119.7% in the third quarter. Great West Life Assurance Co. Can now owns 7,754 shares of the company’s stock valued at $172,000 after buying an additional 4,224 shares during the last quarter. Hedge funds and other institutional investors own 42.18% of the company’s stock.

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About National General Holdings Corp.

National General Holdings Corp. is a personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.

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