10,000 Shares in Bowhead Specialty Holdings Inc. (NYSE:BOW) Acquired by Davidson Kempner Capital Management LP

Davidson Kempner Capital Management LP purchased a new stake in shares of Bowhead Specialty Holdings Inc. (NYSE:BOW) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,000 shares of the company’s stock, valued at approximately $253,000.

Other large investors have also recently made changes to their positions in the company. TD Asset Management Inc bought a new position in shares of Bowhead Specialty during the 2nd quarter valued at $265,000. Rathbones Group PLC purchased a new stake in Bowhead Specialty during the second quarter valued at about $266,000. Interval Partners LP bought a new position in shares of Bowhead Specialty during the second quarter valued at about $582,000. Sei Investments Co. purchased a new position in shares of Bowhead Specialty in the second quarter worth about $2,021,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Bowhead Specialty in the second quarter worth about $2,770,000.

Bowhead Specialty Stock Performance

BOW opened at $28.30 on Monday. The company’s 50 day simple moving average is $28.56. Bowhead Specialty Holdings Inc. has a 52-week low of $22.14 and a 52-week high of $32.55.

Bowhead Specialty (NYSE:BOW) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $98.90 million during the quarter, compared to the consensus estimate of $94.28 million. The business’s revenue was up 51.0% on a year-over-year basis. As a group, equities analysts anticipate that Bowhead Specialty Holdings Inc. will post 1.3 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on BOW. JPMorgan Chase & Co. started coverage on Bowhead Specialty in a research report on Monday, June 17th. They set a “neutral” rating and a $27.00 price target on the stock. Keefe, Bruyette & Woods assumed coverage on shares of Bowhead Specialty in a report on Monday, June 17th. They issued a “market perform” rating and a $30.00 target price on the stock. Morgan Stanley began coverage on shares of Bowhead Specialty in a report on Monday, June 17th. They set an “equal weight” rating and a $26.00 price target for the company. Royal Bank of Canada reissued an “outperform” rating and set a $32.00 price target on shares of Bowhead Specialty in a research report on Wednesday, August 7th. Finally, JMP Securities began coverage on shares of Bowhead Specialty in a research report on Monday, June 17th. They issued an “outperform” rating and a $31.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $29.20.

Bowhead Specialty Profile

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.