HIPO stock icon

Hippo Holdings
HIPO

$18.89
1.07%

Market Cap: 461M

 

About: Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others. It has three reportable segments Services segment earns fees and commission income without assuming underwriting risk or need for reinsurance, Insurance-as-a-Service managed through the Company's subsidiary Spinnaker is a platform to support third-party MGAs, and the Hippo Home Insurance Program engaged in homeowners insurance business. It generates the majority of its revenue from the Insurance-as-a-Service segment.

Employees: 516

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

111% more capital invested

Capital invested by funds: $72M [Q4 2023] → $152M (+$79.8M) [Q1 2024]

13% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 23

1.13% more ownership

Funds ownership: 33.06% [Q4 2023] → 34.19% (+1.13%) [Q1 2024]

0% more funds holding

Funds holding: 80 [Q4 2023] → 80 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

69% less call options, than puts

Call options by funds: $1.18M | Put options by funds: $3.82M

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$20
6%
upside
Avg. target
$23
20%
upside
High target
$25
32%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
Keefe, Bruyette & Woods
Thomas McJoynt-Griffith
6%upside
$20
Market Perform
Downgraded
22 Jul 2024
Keefe, Bruyette & Woods
Thomas McJoynt-Griffith
16%upside
$22
Outperform
Reiterated
10 May 2024
JMP Securities
Matthew Carletti
32%upside
$25
Market Outperform
Reiterated
15 Apr 2024
JMP Securities
Matthew Carletti
32%upside
$25
Market Outperform
Reiterated
12 Mar 2024
Keefe, Bruyette & Woods
Thomas McJoynt-Griffith
11%upside
$21
Outperform
Maintained
11 Mar 2024

Financial journalist opinion