Bank of Montreal Can Buys New Position in ICC Holdings, Inc. (NASDAQ:ICCH)

Bank of Montreal Can bought a new position in ICC Holdings, Inc. (NASDAQ:ICCH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 23,496 shares of the company’s stock, valued at approximately $532,000. Bank of Montreal Can owned approximately 0.75% of ICC as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Northwest Bank & Trust Co bought a new stake in shares of ICC in the 4th quarter valued at $41,000. Skandinaviska Enskilda Banken AB publ bought a new stake in ICC in the second quarter valued at $679,000. Gabelli Funds LLC bought a new stake in ICC in the second quarter valued at $1,149,000. Finally, Gardner Lewis Asset Management L P acquired a new position in shares of ICC during the second quarter valued at about $2,594,000. 46.50% of the stock is owned by institutional investors and hedge funds.

ICC Stock Performance

Shares of ICCH opened at $22.99 on Wednesday. ICC Holdings, Inc. has a one year low of $14.78 and a one year high of $23.05. The company has a market cap of $72.26 million, a PE ratio of 13.37 and a beta of 0.32. The stock has a 50-day moving average of $22.86 and a 200-day moving average of $20.07. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.96 and a quick ratio of 0.96.

ICC (NASDAQ:ICCH) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($0.25) EPS for the quarter. ICC had a net margin of 4.31% and a return on equity of 5.78%. The firm had revenue of $22.18 million during the quarter.

ICC Profile

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.