Yorktown Management & Research Co Inc Has $212,000 Position in Safety Insurance Group, Inc. (SAFT)

Yorktown Management & Research Co Inc maintained its position in shares of Safety Insurance Group, Inc. (NASDAQ:SAFT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,100 shares of the insurance provider’s stock at the end of the second quarter. Yorktown Management & Research Co Inc’s holdings in Safety Insurance Group were worth $212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TFS Capital LLC acquired a new position in shares of Safety Insurance Group during the 1st quarter worth about $200,000. Mason Street Advisors LLC boosted its position in shares of Safety Insurance Group by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 3,330 shares of the insurance provider’s stock worth $233,000 after acquiring an additional 218 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Safety Insurance Group by 46.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 3,979 shares of the insurance provider’s stock worth $271,000 after acquiring an additional 1,259 shares in the last quarter. US Bancorp DE boosted its position in shares of Safety Insurance Group by 2.2% during the 1st quarter. US Bancorp DE now owns 4,694 shares of the insurance provider’s stock worth $329,000 after acquiring an additional 100 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Safety Insurance Group by 58.0% during the 1st quarter. SG Americas Securities LLC now owns 4,708 shares of the insurance provider’s stock worth $330,000 after acquiring an additional 1,728 shares in the last quarter. 78.82% of the stock is owned by hedge funds and other institutional investors.

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Separately, BidaskClub raised Safety Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th.

Safety Insurance Group, Inc. (SAFT) opened at 71.95 on Wednesday. Safety Insurance Group, Inc. has a 52-week low of $65.30 and a 52-week high of $75.05. The stock’s 50 day moving average price is $71.38 and its 200 day moving average price is $69.66. The firm has a market capitalization of $1.10 billion, a PE ratio of 17.13 and a beta of 0.76.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 4.45%. This is an increase from Safety Insurance Group’s previous quarterly dividend of $0.70. The ex-dividend date was Wednesday, August 30th. Safety Insurance Group’s dividend payout ratio (DPR) is 76.19%.

Safety Insurance Group Profile

Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.

Institutional Ownership by Quarter for Safety Insurance Group (NASDAQ:SAFT)

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