Yousif Capital Management LLC Sells 141 Shares of Safety Insurance Group, Inc. (NASDAQ:SAFT)

Yousif Capital Management LLC lessened its holdings in Safety Insurance Group, Inc. (NASDAQ:SAFT) by 2.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,619 shares of the insurance provider’s stock after selling 141 shares during the quarter. Yousif Capital Management LLC’s holdings in Safety Insurance Group were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. KBC Group NV grew its position in shares of Safety Insurance Group by 52.2% during the 4th quarter. KBC Group NV now owns 1,000 shares of the insurance provider’s stock worth $82,000 after buying an additional 343 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in shares of Safety Insurance Group during the 3rd quarter worth $202,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Safety Insurance Group during the 3rd quarter worth $213,000. Everence Capital Management Inc. bought a new position in shares of Safety Insurance Group during the 3rd quarter worth $267,000. Finally, XTX Topco Ltd purchased a new stake in shares of Safety Insurance Group during the 3rd quarter worth $283,000. Institutional investors own 81.04% of the company’s stock.

Safety Insurance Group Stock Performance

Safety Insurance Group stock opened at $77.96 on Monday. The stock has a 50-day moving average of $80.43 and a two-hundred day moving average of $82.01. Safety Insurance Group, Inc. has a one year low of $73.38 and a one year high of $90.00. The stock has a market cap of $1.16 billion, a PE ratio of 15.44 and a beta of 0.20.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Safety Insurance Group from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Safety Insurance Group Company Profile

Safety Insurance Group, Inc provides private passenger and commercial automobile, and homeowner insurance in the United States. The company’s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured’s car occupants, and physical damage coverage for an insured’s own vehicle for collision or other perils.