Kingsway Financial Services Inc. (NYSE:KFS) Stock Holdings Decreased by Ritholtz Wealth Management

Ritholtz Wealth Management reduced its position in Kingsway Financial Services Inc. (NYSE:KFSFree Report) (TSE:KFS) by 28.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,475 shares of the insurance provider’s stock after selling 4,924 shares during the period. Ritholtz Wealth Management’s holdings in Kingsway Financial Services were worth $105,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in KFS. California State Teachers Retirement System purchased a new position in Kingsway Financial Services during the second quarter valued at approximately $29,000. Citigroup Inc. purchased a new position in Kingsway Financial Services during the fourth quarter valued at approximately $34,000. Wells Fargo & Company MN grew its position in Kingsway Financial Services by 4,215.4% during the second quarter. Wells Fargo & Company MN now owns 4,488 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 4,384 shares in the last quarter. BNP Paribas Arbitrage SNC purchased a new position in Kingsway Financial Services during the second quarter valued at approximately $38,000. Finally, Barclays PLC purchased a new position in Kingsway Financial Services during the first quarter valued at approximately $64,000. 72.38% of the stock is owned by hedge funds and other institutional investors.

Kingsway Financial Services Price Performance

Shares of KFS opened at $8.45 on Thursday. The company’s 50 day moving average price is $8.67 and its 200 day moving average price is $8.07. Kingsway Financial Services Inc. has a 52 week low of $6.25 and a 52 week high of $9.48. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.55.

Insider Activity at Kingsway Financial Services

In other Kingsway Financial Services news, Director Joseph Stilwell sold 7,300 shares of Kingsway Financial Services stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $8.76, for a total value of $63,948.00. Following the completion of the sale, the director now directly owns 648,797 shares in the company, valued at $5,683,461.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have purchased 1,928 shares of company stock valued at $16,256. Corporate insiders own 60.05% of the company’s stock.

About Kingsway Financial Services

(Free Report)

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.

Featured Stories

Institutional Ownership by Quarter for Kingsway Financial Services (NYSE:KFS)

Receive News & Ratings for Kingsway Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingsway Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.