Capital Returns Management buys $9,290,184 stake in Federated National Holding Co (FNHC)

Federated National Holding Co (FNHC) : Capital Returns Management scooped up 282,741 additional shares in Federated National Holding Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 519,876 shares of Federated National Holding Co which is valued at $9,290,184.Federated National Holding Co makes up approximately 5.23% of Capital Returns Management’s portfolio.

Other Hedge Funds, Including , Municipal Employees’ Retirement System Of Michigan boosted its stake in FNHC in the latest quarter, The investment management firm added 7,100 additional shares and now holds a total of 31,910 shares of Federated National Holding Co which is valued at $570,232. Federated National Holding Co makes up approx 0.03% of Municipal Employees’ Retirement System Of Michigan’s portfolio.Renaissance Technologies reduced its stake in FNHC by selling 10,900 shares or 1.65% in the most recent quarter. The Hedge Fund company now holds 649,900 shares of FNHC which is valued at $11,613,713. Federated National Holding Co makes up approx 0.02% of Renaissance Technologies’s portfolio.Teachers Advisors Inc reduced its stake in FNHC by selling 892 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 21,169 shares of FNHC which is valued at $378,290. Rothschild Asset Management Inc added FNHC to its portfolio by purchasing 168,490 company shares during the most recent quarter which is valued at $2,962,054. Federated National Holding Co makes up approx 0.05% of Rothschild Asset Management Inc’s portfolio.

Federated National Holding Co closed down -0.22 points or -1.20% at $18.05 with 82,328 shares getting traded on Thursday. Post opening the session at $18.05, the shares hit an intraday low of $17.55 and an intraday high of $18.16 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners) commercial general liability federal flood personal auto and various other lines of insurance in Florida and various other states. The Company markets and distributes its own and third-party insurers’ products and its other services through a network of independent agents. The Company’s insurance subsidiary is Federated National Insurance Company (FNIC). FNIC is licensed as an admitted carrier in Florida.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *