VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 3,300 Shares of HCI Group, Inc. $HCI

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of HCI Group, Inc. (NYSE:HCI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,300 shares of the insurance provider’s stock, valued at approximately $574,000.

A number of other hedge funds have also modified their holdings of HCI. GK Wealth Management LLC purchased a new stake in HCI Group in the 3rd quarter valued at about $25,000. Nykredit A S acquired a new position in HCI Group in the second quarter valued at about $33,000. Global Assets Advisory LLC purchased a new position in HCI Group during the first quarter worth about $46,000. Farther Finance Advisors LLC boosted its stake in HCI Group by 46.9% during the third quarter. Farther Finance Advisors LLC now owns 285 shares of the insurance provider’s stock worth $50,000 after buying an additional 91 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in HCI Group during the second quarter worth about $57,000. 86.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HCI. Truist Financial boosted their price target on shares of HCI Group from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research upgraded shares of HCI Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Weiss Ratings cut shares of HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Citizens Jmp increased their price objective on shares of HCI Group from $265.00 to $280.00 and gave the stock a “market outperform” rating in a research report on Thursday. Finally, Citigroup reiterated a “market outperform” rating on shares of HCI Group in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $250.00.

HCI Group Stock Down 3.2%

Shares of NYSE:HCI traded down $6.08 on Friday, hitting $185.95. 205,412 shares of the company’s stock were exchanged, compared to its average volume of 171,969. The firm’s 50-day moving average is $190.22 and its 200 day moving average is $171.43. The company has a market capitalization of $2.31 billion, a PE ratio of 7.51 and a beta of 0.96. HCI Group, Inc. has a 1-year low of $144.75 and a 1-year high of $208.80. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69.

HCI Group (NYSE:HCI) last issued its earnings results on Wednesday, November 4th. The insurance provider reported $6.45 earnings per share for the quarter, topping the consensus estimate of $4.96 by $1.49. The business had revenue of $244.91 million for the quarter, compared to analyst estimates of $247.75 million. HCI Group had a return on equity of 28.80% and a net margin of 32.60%. Sell-side analysts predict that HCI Group, Inc. will post 21.04 EPS for the current year.

HCI Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, November 20th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, November 20th. HCI Group’s dividend payout ratio is currently 6.90%.

Trending Headlines about HCI Group

Here are the key news stories impacting HCI Group this week:

• Positive Sentiment: HCI reported third-quarter diluted EPS of $6.45, beating analyst estimates of roughly $5, while net income rose to $86 million from $68 million a year earlier. Gross written premiums increased 12%, and the gross loss ratio was 20.7%. HCI Group Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their targets: Truist moved its target to $245 from $235 and maintained a Buy rating; Citizens JMP raised its target to $280 from $265 and kept a Market Outperform rating. These revisions indicate continued optimism about the shares. Truist raises HCI price target Citizens JMP issues positive forecast
• Negative Sentiment: Quarterly revenue of $244.9 million was below the approximately $247.8 million analyst consensus. That shortfall may be tempering the reaction to the earnings beat. HCI reports sales below analyst estimates
• Negative Sentiment: HCI outlined an estimated $15 million net loss from Isaias for the fourth quarter. This expected catastrophe cost could pressure near-term results, despite the company’s strong Q3 performance. HCI outlines Isaias loss estimate

HCI Group Company Profile

HCI Group, Inc is a Florida-based holding company focused primarily on property and casualty insurance. Through its insurance subsidiaries, the company provides residential property insurance products, including homeowners, condominium, renters and dwelling coverage, designed to protect policyholders against risks such as wind, fire, theft and other covered losses.

HCI’s insurance operations have historically been concentrated in Florida, one of the largest and most challenging residential property-insurance markets in the United States.