LPL Financial LLC boosted its position in Hagerty, Inc. (NYSE:HGTY – Free Report) by 42.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 82,914 shares of the company’s stock after purchasing an additional 24,799 shares during the period. LPL Financial LLC’s holdings in Hagerty were worth $776,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its stake in Hagerty by 11.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 31,570 shares of the company’s stock valued at $295,000 after purchasing an additional 3,269 shares during the last quarter. Working Capital Advisors UK Ltd. bought a new position in Hagerty in the 1st quarter valued at about $1,445,000. Bank of New York Mellon Corp bought a new position in Hagerty in the 3rd quarter valued at about $142,000. Raymond James & Associates bought a new position in Hagerty in the 1st quarter valued at about $128,000. Finally, Commonwealth Equity Services LLC raised its holdings in Hagerty by 16.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 13,908 shares of the company’s stock valued at $125,000 after acquiring an additional 1,927 shares during the period. 20.79% of the stock is currently owned by institutional investors and hedge funds.
Hagerty Stock Down 0.1 %
Hagerty stock opened at $8.72 on Tuesday. The stock has a market cap of $2.93 billion, a P/E ratio of -436.00 and a beta of 0.76. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.19. Hagerty, Inc. has a twelve month low of $7.52 and a twelve month high of $10.42. The company’s 50-day moving average price is $8.13 and its two-hundred day moving average price is $8.74.
Hagerty Company Profile
Hagerty, Inc provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; 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 vehicle models; and Hagerty Events, an eclectic mix of small and large events.
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