Hagerty (NYSE:HGTY – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $167.81 million for the quarter.
Hagerty Stock Performance
Shares of NYSE:HGTY opened at $11.08 on Wednesday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.40. Hagerty has a 1-year low of $7.23 and a 1-year high of $19.97. The firm’s 50 day simple moving average is $11.15 and its two-hundred day simple moving average is $11.79.
Hedge Funds Weigh In On Hagerty
Large investors have recently added to or reduced their stakes in the company. Citigroup Inc. bought a new stake in shares of Hagerty during the first quarter valued at approximately $61,000. Raymond James & Associates bought a new stake in shares of Hagerty during the first quarter valued at approximately $128,000. Northern Trust Corp bought a new stake in shares of Hagerty during the first quarter valued at approximately $509,000. UBS Group AG bought a new stake in shares of Hagerty during the first quarter valued at approximately $798,000. Finally, State Street Corp bought a new stake in shares of Hagerty during the first quarter valued at approximately $912,000. Hedge funds and other institutional investors own 19.23% of the company’s stock.
Hagerty Company Profile
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Hagerty, Inc provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts; HVT, a valuation tool used by the customer to access current and historic pricing data of collector car, truck, SUV, and motorcycle models; and Hagerty Events, an eclectic mix of small and large events.
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Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.