304,037 Shares in Kingstone Companies, Inc $KINS Acquired by De Lisle Partners LLP

De Lisle Partners LLP acquired a new stake in shares of Kingstone Companies, Inc (NASDAQ:KINS) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 304,037 shares of the insurance provider’s stock, valued at approximately $5,799,000.

Several other large investors have also recently added to or reduced their stakes in KINS. BNP Paribas Financial Markets boosted its stake in shares of Kingstone Companies by 80.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock valued at $34,000 after buying an additional 1,017 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Kingstone Companies during the fourth quarter worth $45,000. Kestra Advisory Services LLC acquired a new stake in Kingstone Companies during the fourth quarter valued at $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Kingstone Companies during the second quarter valued at $93,000. Finally, MetLife Investment Management LLC grew its stake in Kingstone Companies by 99.6% in the fourth quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock valued at $110,000 after purchasing an additional 3,257 shares in the last quarter. Institutional investors and hedge funds own 14.91% of the company’s stock.

Kingstone Companies Trading Up 1.1%

Shares of KINS stock opened at $19.83 on Friday. The firm’s fifty day simple moving average is $19.23 and its 200 day simple moving average is $16.96. The firm has a market capitalization of $287.14 million, a P/E ratio of 8.19 and a beta of 0.43. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. Kingstone Companies, Inc has a 1 year low of $13.08 and a 1 year high of $20.90.

Kingstone Companies (NASDAQ:KINS) last issued its earnings results on Thursday, August 6th. The insurance provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.09. The business had revenue of $65.85 million during the quarter, compared to analyst estimates of $71.70 million. Kingstone Companies had a return on equity of 30.78% and a net margin of 14.85%.Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. As a group, sell-side analysts predict that Kingstone Companies, Inc will post 2.65 EPS for the current year.

Kingstone Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 11th will be paid a $0.06 dividend. This is an increase from Kingstone Companies’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.24 annualized dividend and a dividend yield of 1.2%. Kingstone Companies’s payout ratio is 9.92%.

Kingstone Companies declared that its board has authorized a stock repurchase program on Tuesday, May 19th that permits the company to buyback 1,000,000 shares. This buyback authorization permits the insurance provider to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

KINS has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kingstone Companies in a research report on Friday, August 7th. Wall Street Zen upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Insider Buying and Selling at Kingstone Companies

In other Kingstone Companies news, Director Thomas Newgarden acquired 8,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average cost of $14.99 per share, for a total transaction of $119,920.00. Following the completion of the acquisition, the director directly owned 99,366 shares of the company’s stock, valued at approximately $1,489,496.34. This represents a 8.76% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.30% of the stock is currently owned by company insiders.

About Kingstone Companies

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small?commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.