Hodges Capital Management Inc. Has $2.51 Million Position in Hallmark Financial Services, Inc. (NASDAQ:HALL)

Hodges Capital Management Inc. increased its stake in Hallmark Financial Services, Inc. (NASDAQ:HALL) by 17.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,650 shares of the insurance provider’s stock after buying an additional 33,100 shares during the period. Hodges Capital Management Inc. owned 1.21% of Hallmark Financial Services worth $2,509,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of HALL. Bessemer Group Inc. increased its stake in shares of Hallmark Financial Services by 102.7% in the second quarter. Bessemer Group Inc. now owns 15,000 shares of the insurance provider’s stock valued at $169,000 after buying an additional 7,600 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Hallmark Financial Services by 6.0% in the second quarter. Russell Investments Group Ltd. now owns 444,826 shares of the insurance provider’s stock valued at $5,013,000 after buying an additional 25,300 shares during the last quarter. First Quadrant L P CA increased its stake in shares of Hallmark Financial Services by 542.4% in the second quarter. First Quadrant L P CA now owns 13,266 shares of the insurance provider’s stock valued at $150,000 after buying an additional 11,201 shares during the last quarter. Fenimore Asset Management Inc. increased its stake in shares of Hallmark Financial Services by 0.3% in the second quarter. Fenimore Asset Management Inc. now owns 660,193 shares of the insurance provider’s stock valued at $7,440,000 after buying an additional 2,000 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Hallmark Financial Services by 0.4% in the first quarter. Bank of America Corp DE now owns 123,508 shares of the insurance provider’s stock valued at $1,364,000 after buying an additional 552 shares in the last quarter. 65.59% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hallmark Financial Services, Inc. (NASDAQ:HALL) traded down 0.63% during trading on Friday, hitting $11.03. The stock had a trading volume of 26,581 shares. The firm has a 50-day moving average of $11.18 and a 200 day moving average of $10.94. Hallmark Financial Services, Inc. has a 1-year low of $9.71 and a 1-year high of $12.09. The company has a market capitalization of $200.48 million, a P/E ratio of 112.55 and a beta of 0.82.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/08/19/hallmark-financial-services-inc-nasdaqhall-position-boosted-by-hodges-capital-management-inc-updated.html.

Several analysts have issued reports on the company. Zacks Investment Research raised Hallmark Financial Services from a “strong sell” rating to a “hold” rating in a research note on Monday, July 17th. TheStreet upgraded Hallmark Financial Services from a “c” rating to a “b-” rating in a report on Wednesday, June 28th.

About Hallmark Financial Services

Hallmark Financial Services, Inc is an insurance holding company. The Company markets, distributes, underwrites and services its property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting and servicing insurance products, as well as providing other insurance related services.

Institutional Ownership by Quarter for Hallmark Financial Services (NASDAQ:HALL)

What are top analysts saying about Hallmark Financial Services Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hallmark Financial Services Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit