Federated National Holding Co (NASDAQ:FNHC) Institutional Investor Sentiment Analysis

December 3, 2017 - By Winifred Garcia

 Federated National Holding Co (NASDAQ:FNHC) Institutional Investor Sentiment Analysis

Sentiment for Federated National Holding Co (NASDAQ:FNHC)

Federated National Holding Co (NASDAQ:FNHC) institutional sentiment decreased to 0.94 in Q2 2017. Its down -0.06, from 1 in 2017Q1. The ratio worsened, as 30 investment managers increased or started new equity positions, while 32 reduced and sold equity positions in Federated National Holding Co. The investment managers in our partner’s database reported: 8.05 million shares, down from 8.36 million shares in 2017Q1. Also, the number of investment managers holding Federated National Holding Co in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 23 Increased: 19 New Position: 11.

Federated National Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing in the United States. The company has market cap of $175.18 million. The firm underwrites homeownersÂ’ multi-peril, commercial general liability, federal flood, personal automobile, and other lines of insurance. It currently has negative earnings. It markets and distributes its own and third-party insurersÂ’ products, and other services through a network of independent agents.

The stock decreased 0.74% or $0.1 during the last trading session, reaching $13.42. About 169,806 shares traded or 71.10% up from the average. Federated National Holding Company (NASDAQ:FNHC) has declined 27.05% since December 3, 2016 and is downtrending. It has underperformed by 43.75% the S&P500.

Analysts await Federated National Holding Company (NASDAQ:FNHC) to report earnings on March, 8. They expect $0.50 EPS, up 156.18 % or $1.39 from last year’s $-0.89 per share. FNHC’s profit will be $6.53 million for 6.71 P/E if the $0.50 EPS becomes a reality. After $-0.42 actual EPS reported by Federated National Holding Company for the previous quarter, Wall Street now forecasts -219.05 % EPS growth.

Capital Returns Management Llc holds 3.49% of its portfolio in Federated National Holding Company for 612,788 shares. Kestrel Investment Management Corp owns 173,125 shares or 1.02% of their US portfolio. Moreover, Heartland Advisors Inc has 0.21% invested in the company for 200,000 shares. The Minnesota-based White Pine Capital Llc has invested 0.21% in the stock. Old Republic International Corp, a Illinois-based fund reported 276,700 shares.#img1#

Federated National Holding Company (NASDAQ:FNHC) Ratings Coverage

Ratings analysis reveals 67% of Federated National Holding Company’s analysts are positive. Out of 3 Wall Street analysts rating Federated National Holding Company, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $21.0 while the high is $28. The stock’s average target of $24.50 is 82.56% above today’s ($13.42) share price. FNHC was included in 5 notes of analysts from October 12, 2015. The firm earned “Outperform” rating on Tuesday, March 8 by Raymond James. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, August 17. Janney Capital upgraded the shares of FNHC in report on Monday, October 12 to “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $21.0 target in Wednesday, September 20 report. The stock of Federated National Holding Company (NASDAQ:FNHC) earned “Neutral” rating by Janney Capital on Thursday, November 3.

More notable recent Federated National Holding Company (NASDAQ:FNHC) news were published by: Seekingalpha.com which released: “Federated National Holding’s (FNHC) CEO Michael Braun On Q1 2017 Results …” on May 10, 2017, also Reuters.com with their article: “BRIEF-Federated National Holding Co says Ronald A. Jordan will assume position …” published on April 05, 2017, Seekingalpha.com published: “Federated National Holding Company: Irma Could Be The Crystal Ball To Show The …” on September 11, 2017. More interesting news about Federated National Holding Company (NASDAQ:FNHC) were released by: Bizjournals.com and their article: “South Florida’s highest-paid insurance executives” published on October 05, 2017 as well as Seekingalpha.com‘s news article titled: “Federated National Holding’s (FNHC) Michael Braun on Q4 2016 Results …” with publication date: March 10, 2017.

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