TheStreet Upgrades 1347 Property Insurance Holdings, Inc. (PIH) to B

1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) was upgraded by TheStreet from a “c” rating to a “b” rating in a report issued on Monday.

1347 Property Insurance Holdings (NASDAQ:PIH) opened at 7.6838 on Monday. The stock’s 50 day moving average is $7.72 and its 200 day moving average is $7.68. 1347 Property Insurance Holdings has a one year low of $6.50 and a one year high of $9.00. The stock has a market capitalization of $45.76 million, a price-to-earnings ratio of 48.0238 and a beta of 0.33.

ILLEGAL ACTIVITY WARNING: “TheStreet Upgrades 1347 Property Insurance Holdings, Inc. (PIH) to B” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/thestreet-upgrades-1347-property-insurance-holdings-inc-pih-to-b.html.

In other news, COO Dan E. Case purchased 3,278 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was acquired at an average price of $8.10 per share, with a total value of $26,551.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Dan E. Case purchased 31,799 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was purchased at an average cost of $7.98 per share, with a total value of $253,756.02. Following the purchase, the chief operating officer now owns 46,814 shares in the company, valued at approximately $373,575.72. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 179,562 shares of company stock worth $1,422,655. Company insiders own 28.10% of the company’s stock.

A hedge fund recently raised its stake in 1347 Property Insurance Holdings stock. Stilwell Value LLC raised its holdings in shares of 1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) by 697.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,250,480 shares of the insurance provider’s stock after buying an additional 1,093,680 shares during the quarter. 1347 Property Insurance Holdings comprises 0.9% of Stilwell Value LLC’s investment portfolio, making the stock its 22nd largest holding. Stilwell Value LLC owned approximately 21.00% of 1347 Property Insurance Holdings worth $1,250,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 42.68% of the company’s stock.

About 1347 Property Insurance Holdings

1347 Property Insurance Holdings, Inc is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insuranc

1347 Property Insurance Holdings (NASDAQ:PIH) opened at 7.6838 on Monday. The stock’s 50 day moving average is $7.72 and its 200 day moving average is $7.68. 1347 Property Insurance Holdings has a one year low of $6.50 and a one year high of $9.00. The stock has a market capitalization of $45.76 million, a price-to-earnings ratio of 48.0238 and a beta of 0.33.

ILLEGAL ACTIVITY WARNING: “TheStreet Upgrades 1347 Property Insurance Holdings, Inc. (PIH) to B” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/thestreet-upgrades-1347-property-insurance-holdings-inc-pih-to-b.html.

In other news, COO Dan E. Case purchased 3,278 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was acquired at an average price of $8.10 per share, with a total value of $26,551.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Dan E. Case purchased 31,799 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was purchased at an average cost of $7.98 per share, with a total value of $253,756.02. Following the purchase, the chief operating officer now owns 46,814 shares in the company, valued at approximately $373,575.72. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 179,562 shares of company stock worth $1,422,655. Company insiders own 28.10% of the company’s stock.

A hedge fund recently raised its stake in 1347 Property Insurance Holdings stock. Stilwell Value LLC raised its holdings in shares of 1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) by 697.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,250,480 shares of the insurance provider’s stock after buying an additional 1,093,680 shares during the quarter. 1347 Property Insurance Holdings comprises 0.9% of Stilwell Value LLC’s investment portfolio, making the stock its 22nd largest holding. Stilwell Value LLC owned approximately 21.00% of 1347 Property Insurance Holdings worth $1,250,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 42.68% of the company’s stock.

About 1347 Property Insurance Holdings

1347 Property Insurance Holdings, Inc is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners’ insurance, manufactured home insurance and dwelling fire insurance. It writes both full peril property policies, as well as wind/hail only exposures and it distributes policies through independent insurance agents.

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