Private Advisor Group LLC Makes New Investment in Kingsway Financial Services Inc. (NYSE:KFS)

Private Advisor Group LLC acquired a new position in shares of Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,208 shares of the insurance provider’s stock, valued at approximately $102,000.

Several other hedge funds have also recently bought and sold shares of KFS. JPMorgan Chase & Co. lifted its position in Kingsway Financial Services by 368.2% during the third quarter. JPMorgan Chase & Co. now owns 28,532 shares of the insurance provider’s stock worth $236,000 after acquiring an additional 22,438 shares during the last quarter. Barclays PLC lifted its position in Kingsway Financial Services by 325.5% during the third quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock worth $150,000 after acquiring an additional 13,975 shares during the last quarter. Geode Capital Management LLC lifted its position in Kingsway Financial Services by 2.0% during the third quarter. Geode Capital Management LLC now owns 347,235 shares of the insurance provider’s stock worth $2,875,000 after acquiring an additional 6,941 shares during the last quarter. State Street Corp lifted its position in Kingsway Financial Services by 4.8% during the third quarter. State Street Corp now owns 151,477 shares of the insurance provider’s stock worth $1,254,000 after acquiring an additional 6,877 shares during the last quarter. Finally, Bard Associates Inc. lifted its position in Kingsway Financial Services by 0.6% during the third quarter. Bard Associates Inc. now owns 288,113 shares of the insurance provider’s stock worth $2,386,000 after acquiring an additional 1,848 shares during the last quarter. 72.38% of the stock is currently owned by institutional investors and hedge funds.

Kingsway Financial Services Stock Down 0.3 %

NYSE KFS opened at $7.46 on Friday. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 1.20. Kingsway Financial Services Inc. has a 1-year low of $7.20 and a 1-year high of $9.58. The company has a 50 day moving average of $8.00 and a 200-day moving average of $8.34.

Insider Activity

In other news, Director Joseph Stilwell sold 365,000 shares of Kingsway Financial Services stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $8.43, for a total value of $3,076,950.00. Following the completion of the sale, the director now directly owns 593,743 shares in the company, valued at approximately $5,005,253.49. The trade was a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders acquired 898 shares of company stock worth $7,513. Corporate insiders own 54.75% of the company’s stock.

Kingsway Financial Services Company Profile

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.