WINTON GROUP Ltd Has $1.09 Million Stock Holdings in Safety Insurance Group, Inc. (NASDAQ:SAFT)

WINTON GROUP Ltd boosted its stake in shares of Safety Insurance Group, Inc. (NASDAQ:SAFT) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,224 shares of the insurance provider’s stock after buying an additional 293 shares during the period. WINTON GROUP Ltd’s holdings in Safety Insurance Group were worth $1,090,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Signaturefd LLC increased its position in shares of Safety Insurance Group by 94.9% during the fourth quarter. Signaturefd LLC now owns 308 shares of the insurance provider’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. KBC Group NV boosted its stake in Safety Insurance Group by 52.2% in the 4th quarter. KBC Group NV now owns 1,000 shares of the insurance provider’s stock worth $82,000 after purchasing an additional 343 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Safety Insurance Group in the 3rd quarter worth $213,000. Ieq Capital LLC bought a new position in Safety Insurance Group during the 4th quarter worth about $279,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Safety Insurance Group in the 4th quarter valued at about $280,000. Institutional investors own 81.04% of the company’s stock.

Safety Insurance Group Stock Down 0.5 %

Shares of SAFT opened at $79.16 on Friday. Safety Insurance Group, Inc. has a twelve month low of $73.38 and a twelve month high of $90.00. The stock has a market capitalization of $1.17 billion, a P/E ratio of 15.68 and a beta of 0.13. The company has a 50 day moving average of $77.80 and a 200-day moving average of $80.79.

Safety Insurance Group (NASDAQ:SAFT) last issued its quarterly earnings results on Tuesday, February 25th. The insurance provider reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.23). Safety Insurance Group had a net margin of 6.86% and a return on equity of 6.35%. The business had revenue of $286.72 million during the quarter.

Safety Insurance Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $3.60 annualized dividend and a yield of 4.55%. Safety Insurance Group’s payout ratio is presently 75.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Safety Insurance Group from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Safety Insurance Group Profile

Safety Insurance Group, Inc provides private passenger and commercial automobile, and homeowner insurance in the United States. The company’s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured’s car occupants, and physical damage coverage for an insured’s own vehicle for collision or other perils.