American Integrity Insurance Group, Inc. (NYSE:AII) Given Consensus Recommendation of “Moderate Buy” by Brokerages

American Integrity Insurance Group, Inc. (NYSE:AII) has received a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $22.00.

AII has been the subject of a number of research reports. Citizens Jmp started coverage on shares of American Integrity Insurance Group in a research note on Monday, June 2nd. They issued an “outperform” rating and a $23.00 price target for the company. Piper Sandler reiterated an “overweight” rating on shares of American Integrity Insurance Group in a research report on Thursday, August 14th. Wall Street Zen raised American Integrity Insurance Group to a “hold” rating in a research note on Thursday, May 22nd. Keefe, Bruyette & Woods started coverage on American Integrity Insurance Group in a research report on Monday, June 2nd. They set an “outperform” rating on the stock. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $22.00 price target (up previously from $20.00) on shares of American Integrity Insurance Group in a research note on Monday.

Institutional Trading of American Integrity Insurance Group

Several hedge funds and other institutional investors have recently bought and sold shares of AII. Wasatch Advisors LP purchased a new position in shares of American Integrity Insurance Group during the second quarter worth approximately $16,073,000. Balyasny Asset Management L.P. purchased a new stake in shares of American Integrity Insurance Group in the 2nd quarter valued at $10,409,000. Mink Brook Asset Management LLC bought a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,844,000. The Manufacturers Life Insurance Company purchased a new position in American Integrity Insurance Group in the 2nd quarter worth $7,356,000. Finally, Federated Hermes Inc. bought a new stake in American Integrity Insurance Group in the second quarter worth $7,233,000.

American Integrity Insurance Group Stock Performance

NYSE:AII opened at $18.05 on Friday. The firm has a 50-day simple moving average of $17.71. American Integrity Insurance Group has a twelve month low of $15.77 and a twelve month high of $19.61.

American Integrity Insurance Group (NYSE:AII) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.69 by $0.15.

American Integrity Insurance Group Company Profile

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.