National General Holdings Corp News and Headlines -
Founded in 1980, the guru's Milwaukee-based firm takes a contrarian, fundamental, relative value approach to stock picking, typically investing in financially strong companies that are experiencing a temporary setback.
Keeping these criteria in mind, Snow entered 10 new positions during the quarter, sold out of 13 holdings and added to or reduced a slew of other investments. Notable trades included new positions in Intel Corp. (INTC) and Argo Group International Holdings Ltd. (ARGO), a boost to The Hartford Financial Services Group Inc.
According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned insurance companies have outperformed the S&P 500 Index over the past 12 months through Oct. 28.
Progressive Corp. (PGR) has a market cap of $54.95 billion. It has outperformed the S&P 500 by 24.09% over the past year.
As of Wednesday, the share price was 50.92% above the 52-week low and 8.05% below the 52-week high.
The company has a GuruFocus profitability rating of 6 out of 10. The return on equity of 24.46% and return on assets of 18.4% are outperforming
(Published by Bob Ciura on June 16)
2017 has been a terrible year so far for AmTrust Financial Services Inc. (AFSI).
First, it restated five years’ worth of earnings, reducing profits earned in that time by $310 million.
If that were not bad enough, things got even worse just one week later.
An article in The Wall Street Journal said secret recordings were used in conjunction with an SEC inquiry into the company for questionable accounting practices.
AmTrust issued a response, insisting its books are clean, but the damage has been done. The stock has lost nearly
According to GuruFocus Insider Data, these are the largest CEO buys over the past week. The overall trend of purchases is illustrated in the chart below:
National General Holdings CEO bought 81,578 shares
Barry Karfunkel, CEO and president of National General Holdings Corp. (NGHC), bought 81,578 shares during the past week at a price of $22.89 per share.Â The stock price has increased by 3.62% since then.
National General is a specialty personal lines insurance holding company. Through its subsidiaries, it provides insurance products, including personal and commercial automobile, supplemental health, homeowners
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “March 2017” and All Insider Sales to “$5,000,000+.”
According to the above filters, the following are trades from company insiders this week.
National General Holdings Corp.Â (NGHC) CEO and President Karfunkel Barry bought 31,600 shares for $22.93 per share on March 30. Since then, the stock price has risen to $23.59.
It is a specialty personal lines insurance holding company. Through its subsidiaries it provides insurance products
CEO Barry Karfunkel and Executive Vice President Robert Karfunkel purchased a combinedÂ 74,978 shares of National General Holdings Corp.Â (NGHC) on March 27 and March 28, according to SEC filings.
They paid an average price of $22.87 per share. Barry now owns 53,473 shares of the company following the transactions. Robert now owns 28,521 shares.
Headquartered in New York, National General Holdings is a specialty personal lines insurance holding company. The company and its subsidiaries provide personal and commercial automobile insurance, health insurance and other niche insurance products. It operates through two segments: Property and Casualty and Accident
Scott Black (Trades, Portfolio), president and founder of Delphi Management, acquired nine new holdings in the third quarter. His top four new positions are Icon PLC (ICLR), Lionbridge Technologies (LIOX), Omega Healthcare Investors (OHI) and National General Holdings Corp. (NGHC).
A disciple of the Graham-Dodd value strategy, Black’s firm employs an investment strategy that emphasizes the underlying fundamental performance of companies as opposed to making bets on short-term market movements. The investment firm only invests in companies that meet a developed set of quantitative criteria and are under good management. The firm takes only long positions in