Jane Street Group LLC Sells 7,311 Shares of Kingsway Financial Services Inc. (NYSE:KFS)

Jane Street Group LLC lessened its holdings in shares of Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) by 42.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,103 shares of the insurance provider’s stock after selling 7,311 shares during the period. Jane Street Group LLC’s holdings in Kingsway Financial Services were worth $84,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in Kingsway Financial Services by 36.4% in the third quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 1,742 shares during the period. Bard Associates Inc. boosted its holdings 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 purchasing an additional 1,848 shares during the last quarter. Rhumbline Advisers boosted its position in Kingsway Financial Services by 25.8% during the second quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock valued at $102,000 after purchasing an additional 2,534 shares during the last quarter. Annandale Capital LLC lifted its stake in Kingsway Financial Services by 2.6% in the second quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider’s stock valued at $1,056,000 after acquiring an additional 3,200 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Kingsway Financial Services by 21.9% during the second quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock worth $311,000 after buying an additional 6,778 shares during the last quarter. Institutional investors and hedge funds own 72.38% of the company’s stock.

Kingsway Financial Services Stock Up 2.3 %

Shares of KFS opened at $8.29 on Thursday. The company’s 50-day moving average is $8.59 and its 200-day moving average is $8.41. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.41 and a quick ratio of 0.41. Kingsway Financial Services Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $9.58.

Insider Transactions at Kingsway Financial Services

In other news, Director Joseph Stilwell sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $8.78, for a total value of $219,500.00. Following the completion of the sale, the director now owns 636,159 shares of the company’s stock, valued at approximately $5,585,476.02. The trade was a 3.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders bought a total of 842 shares of company stock worth $7,513 over the last quarter. Company insiders own 54.75% of the company’s stock.

Kingsway Financial Services 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.