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HomeInsuranceSelective Insurance coverage Group, Inc. (NASDAQ:SIGI) Place Lowered by American Worldwide Group...

Selective Insurance coverage Group, Inc. (NASDAQ:SIGI) Place Lowered by American Worldwide Group Inc.

American Worldwide Group Inc. minimize its place in shares of Selective Insurance coverage Group, Inc. (NASDAQ:SIGI – Get Score) by 2.7% within the third quarter, Holdings Channel.com stories. The institutional investor owned 135,382 shares of the insurance coverage supplier’s inventory after promoting 3,802 shares in the course of the interval. American Worldwide Group Inc.’s holdings in Selective Insurance coverage Group had been value $10,225,000 on the finish of the newest quarter.

Quite a lot of different hedge funds have additionally just lately purchased and offered shares of SIGI. Value T Rowe Associates Inc. MD lifted its stake in Selective Insurance coverage Group by 10.4% in the course of the second quarter. Value T Rowe Associates Inc. MD now owns 3,007,159 shares of the insurance coverage supplier’s inventory valued at $244,031,000 after shopping for an extra 284,402 shares within the final quarter. Alliancebernstein L.P. lifted its stake in Selective Insurance coverage Group by 15.5% in the course of the third quarter. Alliancebernstein L.P. now owns 1,701,724 shares of the insurance coverage supplier’s inventory valued at $128,531,000 after shopping for an extra 228,502 shares within the final quarter. Vaughan Nelson Funding Administration L.P. lifted its stake in Selective Insurance coverage Group by 19.4% in the course of the third quarter. Vaughan Nelson Funding Administration L.P. now owns 714,053 shares of the insurance coverage supplier’s inventory valued at $53,933,000 after shopping for an extra 115,995 shares within the final quarter. State Avenue Corp lifted its stake in Selective Insurance coverage Group by 5.0% in the course of the second quarter. State Avenue Corp now owns 1,948,087 shares of the insurance coverage supplier’s inventory valued at $158,087,000 after shopping for an extra 93,083 shares within the final quarter. Lastly, Brookfield Asset Administration Inc. bought a brand new stake in Selective Insurance coverage Group in the course of the third quarter valued at about $6,751,000. 80.26% of the inventory is owned by institutional traders.

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In different information, Director Michael J. Morrissey offered 6,000 shares of the corporate’s inventory in a transaction dated Monday, December sixth. The inventory was offered at a median worth of $79.18, for a complete worth of $475,080.00. The sale was disclosed in a submitting with the SEC, which is accessible via this hyperlink. 2.00% of the inventory is owned by company insiders.

Shares of SIGI opened at $83.19 on Tuesday. The corporate has a market capitalization of $5.01 billion, a price-to-earnings ratio of 12.76 and a beta of 0.84. Selective Insurance coverage Group, Inc. has a fifty-two week low of $67.15 and a fifty-two week excessive of $91.46. The corporate has a debt-to-equity ratio of 0.18, a present ratio of 0.32 and a fast ratio of 0.32. The enterprise’s 50-day shifting common is $79.04 and its 200-day shifting common is $79.80.

Selective Insurance coverage Group (NASDAQ:SIGI – Get Score) final issued its earnings outcomes on Thursday, February third. The insurance coverage supplier reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.15. Selective Insurance coverage Group had a return on fairness of 14.45% and a internet margin of 11.89%. Throughout the identical interval within the prior 12 months, the enterprise posted $1.84 EPS. Equities analysis analysts anticipate that Selective Insurance coverage Group, Inc. will put up 5.75 earnings per share for the present fiscal 12 months.

The agency additionally just lately introduced a quarterly dividend, which will probably be paid on Tuesday, March 1st. Stockholders of report on Tuesday, February fifteenth will probably be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, February 14th. This represents a $1.12 dividend on an annualized foundation and a dividend yield of 1.35%. Selective Insurance coverage Group’s dividend payout ratio is 17.18%.

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Selective Insurance coverage Group Profile (Get Score)

Selective Insurance coverage Group, Inc supplies property and casualty insurance coverage merchandise. It operates via the next segments: Customary Industrial Traces, Customary Private Traces, E&S Traces, and Investments. The Customary Industrial Traces phase provides insurance coverage services to business clients, resembling non-profit organizations and native authorities companies.

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Institutional Ownership by Quarter for Selective Insurance Group (NASDAQ:SIGI)

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