New York State Teachers Retirement System Acquires 204 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD)

New York State Teachers Retirement System grew its holdings in shares of Goosehead Insurance, Inc (NASDAQ:GSHD) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,468 shares of the company’s stock after purchasing an additional 204 shares during the period. New York State Teachers Retirement System’s holdings in Goosehead Insurance were worth $1,444,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Geode Capital Management LLC raised its holdings in shares of Goosehead Insurance by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 643,514 shares of the company’s stock worth $57,476,000 after buying an additional 5,969 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Goosehead Insurance by 135.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 22,200 shares of the company’s stock valued at $1,982,000 after buying an additional 12,759 shares during the last quarter. Entropy Technologies LP acquired a new position in Goosehead Insurance in the 4th quarter valued at approximately $247,000. Verition Fund Management LLC bought a new position in shares of Goosehead Insurance during the third quarter worth about $616,000. Finally, State Street Corp boosted its position in Goosehead Insurance by 21.2% during the third quarter. State Street Corp now owns 1,059,298 shares of the company’s stock valued at $94,595,000 after acquiring an additional 185,037 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Piper Sandler boosted their price target on shares of Goosehead Insurance from $103.00 to $122.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. JPMorgan Chase & Co. lifted their price target on Goosehead Insurance from $77.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. BMO Capital Markets increased their price target on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a “market perform” rating in a research report on Tuesday, November 19th. Finally, TD Cowen raised their price target on Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $99.20.

Goosehead Insurance Trading Down 3.2 %

Goosehead Insurance stock opened at $106.68 on Friday. Goosehead Insurance, Inc has a one year low of $50.47 and a one year high of $130.39. The business’s fifty day moving average is $107.77 and its 200 day moving average is $102.45. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of $3.96 billion, a PE ratio of 148.17, a price-to-earnings-growth ratio of 5.17 and a beta of 1.43.

Goosehead Insurance Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were given a $5.91 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Goosehead Insurance’s previous dividend of $1.63.

About Goosehead Insurance

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.