HCI GroupHCI
Market Cap: 957M
About: HCI Group Inc is engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.
Employees: 578
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
373% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
45% more capital invested
Capital invested by funds: $590M [Q4 2023] → $857M (+$267M) [Q1 2024]
37% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 52
27% more funds holding
Funds holding: 151 [Q4 2023] → 192 (+41) [Q1 2024]
3.54% more ownership
Funds ownership: 70.4% [Q4 2023] → 73.94% (+3.54%) [Q1 2024]
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
JMP Securities Matthew Carletti | 48%upside $135 | Market Outperform Maintained | 9 May 2024 |
JMP Securities Matthew Carletti | 31%upside $120 | Market Outperform Reiterated | 15 Apr 2024 |
Oppenheimer Michael Phillips | 53%upside $140 | Outperform Maintained | 5 Apr 2024 |
Oppenheimer Michael Phillips | 53%upside $140 | Outperform Reiterated | 27 Mar 2024 |
Compass Point Casey Alexander | 36%upside $124 | Buy Maintained | 13 Mar 2024 |
Financial journalist opinion
Based on 8 articles about HCI published over the past 30 days