Logan Capital Management Inc. Has $1,960,000 Holdings in Donegal Group, Inc. (DGICB)
Logan Capital Management Inc. held its position in shares of Donegal Group, Inc. (NASDAQ:DGICB) during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 135,185 shares of the insurance provider’s stock at the close of the second quarter. Logan Capital Management Inc. owned approximately 0.49% of Donegal Group worth $1,960,000 as of its most recent filing with the SEC.
Donegal Group, Inc. (NASDAQ DGICB) remained flat at $14.95 on Tuesday. 1,691 shares of the company traded hands. Donegal Group, Inc. has a 1-year low of $13.40 and a 1-year high of $20.55. The firm has a market capitalization of $408.46 million, a P/E ratio of 31.67 and a beta of 0.87. The firm has a 50-day moving average of $13.96 and a 200 day moving average of $14.84.
Donegal Group (NASDAQ:DGICB) last issued its quarterly earnings results on Wednesday, July 19th. The insurance provider reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). Donegal Group had a return on equity of 2.24% and a net margin of 1.84%. The company had revenue of $182.48 million during the quarter.
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Separately, TheStreet downgraded Donegal Group from a “b-” rating to a “c+” rating in a research note on Monday, June 26th.
About Donegal Group
Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.
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