304,037 Shares in Kingstone Companies, Inc $KINS Purchased by De Lisle Partners LLP

De Lisle Partners LLP acquired a new stake in Kingstone Companies, Inc (NASDAQ:KINS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 304,037 shares of the insurance provider’s stock, valued at approximately $5,799,000. De Lisle Partners LLP owned approximately 2.10% of Kingstone Companies at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of KINS. BlackRock Inc. acquired a new position in Kingstone Companies during the second quarter worth $15,800,000. Royce & Associates LP acquired a new position in shares of Kingstone Companies during the 4th quarter worth $7,551,000. Millennium Management LLC increased its stake in shares of Kingstone Companies by 484.9% during the 1st quarter. Millennium Management LLC now owns 285,834 shares of the insurance provider’s stock worth $4,759,000 after purchasing an additional 236,968 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in Kingstone Companies in the 1st quarter valued at approximately $2,941,000. Finally, Geode Capital Management LLC boosted its stake in shares of Kingstone Companies by 130.9% during the second quarter. Geode Capital Management LLC now owns 253,624 shares of the insurance provider’s stock valued at $3,909,000 after acquiring an additional 143,806 shares during the last quarter. 14.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kingstone Companies

In related news, Director Thomas Newgarden bought 8,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were bought at an average cost of $14.99 per share, with a total value of $119,920.00. Following the completion of the transaction, the director directly owned 99,366 shares of the company’s stock, valued at approximately $1,489,496.34. This trade represents a 8.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.30% of the company’s stock.

Kingstone Companies Stock Up 1.1%

Shares of Kingstone Companies stock opened at $19.83 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.03. Kingstone Companies, Inc has a fifty-two week low of $13.08 and a fifty-two week high of $20.90. The business has a 50-day moving average price of $19.23 and a 200 day moving average price of $16.96. The firm has a market cap of $287.14 million, a P/E ratio of 8.19 and a beta of 0.43.

Kingstone Companies (NASDAQ:KINS) last issued its earnings results on Thursday, August 6th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.09. The firm had revenue of $65.85 million for the quarter, compared to analysts’ expectations of $71.70 million. Kingstone Companies had a net margin of 14.85% and a return on equity of 30.78%. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, sell-side analysts forecast that Kingstone Companies, Inc will post 2.65 earnings per share for the current fiscal year.

Kingstone Companies announced that its Board of Directors has approved a stock buyback program on Tuesday, May 19th that allows the company to repurchase 1,000,000 shares. This repurchase authorization allows the insurance provider to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Kingstone Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This is an increase from Kingstone Companies’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. Kingstone Companies’s dividend payout ratio is presently 9.92%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kingstone Companies in a report on Friday, August 7th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Kingstone Companies Profile

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.