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

September 29, 2017 - By Ellis Scott

 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 fall, as 30 hedge funds increased and opened new stock positions, while 32 sold and trimmed stock positions in Federated National Holding Co. The hedge funds in our partner’s database now own: 8.05 million shares, down from 8.36 million shares in 2017Q1. Also, the number of hedge funds holding Federated National Holding Co in their top 10 stock 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 is an insurance holding firm 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 has market cap of $200.86 million. The Firm 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. It currently has negative earnings. The Firm markets, distributes and services its own and third-party insurers’ products and its other services through a network of independent agents.

About 20,536 shares traded. Federated National Holding Co (NASDAQ:FNHC) has declined 27.05% since September 29, 2016 and is downtrending. It has underperformed by 43.75% the S&P500.

Analysts await Federated National Holding Co (NASDAQ:FNHC) to report earnings on November, 1. They expect $-0.06 EPS, down 160.00 % or $0.16 from last year’s $0.1 per share. After $0.37 actual EPS reported by Federated National Holding Co for the previous quarter, Wall Street now forecasts -116.22 % negative EPS growth.

Capital Returns Management Llc holds 3.49% of its portfolio in Federated National Holding Co 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 Co (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 58.27% above today’s ($15.48) share price. FNHC was included in 5 notes of analysts from October 12, 2015. On Thursday, November 3 the stock rating was downgraded by Janney Capital to “Neutral”. Raymond James downgraded it to “Outperform” rating and $28 target in Tuesday, March 8 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $21.0 target in Thursday, August 17 report. Janney Capital upgraded Federated National Holding Co (NASDAQ:FNHC) on Monday, October 12 to “Buy” rating. The stock of Federated National Holding Co (NASDAQ:FNHC) earned “Buy” rating by Keefe Bruyette & Woods on Wednesday, September 20.

More recent Federated National Holding Co (NASDAQ:FNHC) news were published by: Reuters.com which released: “BRIEF-Federated National Holding Co says Ronald A. Jordan will assume position …” on April 05, 2017. Also Seekingalpha.com published the news titled: “Federated National Holding’s (FNHC) Michael Braun on Q4 2016 Results …” on March 10, 2017. Seekingalpha.com‘s news article titled: “Federated National Holding’s (FNHC) CEO Michael Braun On Q1 2017 Results …” with publication date: May 10, 2017 was also an interesting one.

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