National General Holdings Corp (NASDAQ:NGHC)‘s stock had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods in a research note issued to investors on Friday.

NGHC has been the topic of a number of other reports. Zacks Investment Research upgraded shares of National General Holdings Corp from a “strong sell” rating to a “hold” rating and set a $24.00 target price on the stock in a report on Thursday, July 20th. BidaskClub upgraded shares of National General Holdings Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. FBR & Co restated a “buy” rating and issued a $29.00 target price on shares of National General Holdings Corp in a report on Monday, September 18th. Morgan Stanley reduced their target price on shares of National General Holdings Corp from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Thursday, August 10th. Finally, TheStreet lowered shares of National General Holdings Corp from a “b-” rating to a “c” rating in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. National General Holdings Corp has a consensus rating of “Hold” and a consensus target price of $25.75.

Shares of National General Holdings Corp (NGHC) opened at 19.11 on Friday. The company’s 50-day moving average is $18.10 and its 200 day moving average is $21.13. The firm has a market capitalization of $2.04 billion, a PE ratio of 25.82 and a beta of 1.28. National General Holdings Corp has a 52-week low of $16.21 and a 52-week high of $26.99.

National General Holdings Corp (NASDAQ:NGHC) last released its quarterly earnings data on Monday, August 7th. The insurance provider reported $0.11 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.28). National General Holdings Corp had a return on equity of 7.80% and a net margin of 2.13%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $966.51 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. National General Holdings Corp’s quarterly revenue was up 36.2% on a year-over-year basis. Equities analysts expect that National General Holdings Corp will post $1.17 earnings per share for the current fiscal year.

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In related news, CEO Barry Karfunkel acquired 25,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $18.25 per share, for a total transaction of $456,250.00. Following the acquisition, the chief executive officer now directly owns 110,073 shares in the company, valued at approximately $2,008,832.25. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.43% of the company’s stock.

Several hedge funds have recently made changes to their positions in NGHC. First Trust Advisors LP lifted its holdings in shares of National General Holdings Corp by 45.2% during the 1st quarter. First Trust Advisors LP now owns 84,981 shares of the insurance provider’s stock worth $2,019,000 after acquiring an additional 26,436 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of National General Holdings Corp by 5.2% during the 1st quarter. Bank of New York Mellon Corp now owns 305,618 shares of the insurance provider’s stock worth $7,262,000 after acquiring an additional 15,116 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in shares of National General Holdings Corp by 15.6% during the 1st quarter. UBS Asset Management Americas Inc. now owns 24,435 shares of the insurance provider’s stock worth $581,000 after acquiring an additional 3,300 shares during the period. Prudential Financial Inc. lifted its holdings in shares of National General Holdings Corp by 77.9% during the 1st quarter. Prudential Financial Inc. now owns 353,094 shares of the insurance provider’s stock worth $8,390,000 after acquiring an additional 154,574 shares during the period. Finally, American International Group Inc. lifted its holdings in shares of National General Holdings Corp by 7.1% during the 1st quarter. American International Group Inc. now owns 29,827 shares of the insurance provider’s stock worth $709,000 after acquiring an additional 1,981 shares during the period. Institutional investors and hedge funds own 45.92% of the company’s stock.

About National General Holdings Corp

National General Holdings Corp. is a specialty 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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