Infinity Property and Casualty Corp. (IPCC) Holdings Lowered by Keybank National Association OH

Keybank National Association OH trimmed its stake in shares of Infinity Property and Casualty Corp. (NASDAQ:IPCC) by 52.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,025 shares of the insurance provider’s stock after selling 7,725 shares during the quarter. Keybank National Association OH’s holdings in Infinity Property and Casualty were worth $745,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in IPCC. SG Americas Securities LLC bought a new stake in shares of Infinity Property and Casualty during the 3rd quarter worth about $152,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Infinity Property and Casualty in the 4th quarter worth approximately $192,000. UBS Asset Management Americas Inc. grew its stake in shares of Infinity Property and Casualty by 37.6% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 3,658 shares of the insurance provider’s stock worth $344,000 after purchasing an additional 1,000 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Infinity Property and Casualty in the 4th quarter worth approximately $405,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Infinity Property and Casualty in the 3rd quarter worth approximately $449,000. Institutional investors own 92.26% of the company’s stock.

Several equities analysts have recently issued reports on IPCC shares. Zacks Investment Research raised shares of Infinity Property and Casualty from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective on the stock in a research note on Friday, January 12th. BidaskClub cut shares of Infinity Property and Casualty from a “sell” rating to a “strong sell” rating in a research note on Saturday, January 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $105.00 price objective on shares of Infinity Property and Casualty in a research note on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $115.00.

Infinity Property and Casualty Corp. (NASDAQ:IPCC) opened at $118.70 on Friday. The stock has a market cap of $1,298.03, a P/E ratio of 24.22, a PEG ratio of 2.22 and a beta of 0.79. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.38. Infinity Property and Casualty Corp. has a 52 week low of $83.00 and a 52 week high of $122.19.

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About Infinity Property and Casualty

Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

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Institutional Ownership by Quarter for Infinity Property and Casualty (NASDAQ:IPCC)

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