Chartwell Investment Partners LLC reduced its stake in shares of Hallmark Financial Services, Inc. (NASDAQ:HALL) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 423,818 shares of the insurance provider’s stock after selling 4,000 shares during the period. Chartwell Investment Partners LLC owned approximately 2.30% of Hallmark Financial Services worth $4,776,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. First Quadrant L P CA increased its stake in shares of Hallmark Financial Services by 542.4% in the second quarter. First Quadrant L P CA now owns 13,266 shares of the insurance provider’s stock valued at $150,000 after buying an additional 11,201 shares during the period. TFS Capital LLC acquired a new stake in shares of Hallmark Financial Services during the first quarter valued at about $164,000. Bessemer Group Inc. increased its stake in shares of Hallmark Financial Services by 102.7% in the second quarter. Bessemer Group Inc. now owns 15,000 shares of the insurance provider’s stock valued at $169,000 after buying an additional 7,600 shares during the period. Hancock Holding Co. increased its stake in shares of Hallmark Financial Services by 28.2% in the first quarter. Hancock Holding Co. now owns 15,672 shares of the insurance provider’s stock valued at $173,000 after buying an additional 3,450 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Hallmark Financial Services by 0.7% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 19,073 shares of the insurance provider’s stock valued at $211,000 after buying an additional 130 shares during the period. 65.59% of the stock is currently owned by institutional investors.

Shares of Hallmark Financial Services, Inc. (NASDAQ HALL) opened at 11.03 on Monday. The firm has a 50 day moving average of $11.18 and a 200 day moving average of $10.94. The stock has a market cap of $200.48 million, a P/E ratio of 112.55 and a beta of 0.82. Hallmark Financial Services, Inc. has a one year low of $9.71 and a one year high of $12.09.

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Several brokerages have issued reports on HALL. Zacks Investment Research raised shares of Hallmark Financial Services from a “strong sell” rating to a “hold” rating in a report on Monday, July 17th. TheStreet raised shares of Hallmark Financial Services from a “c” rating to a “b-” rating in a report on Wednesday, June 28th.

Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc is an insurance holding company. The Company markets, distributes, underwrites and services its property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting and servicing insurance products, as well as providing other insurance related services.

Institutional Ownership by Quarter for Hallmark Financial Services (NASDAQ:HALL)

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