Kingsway Financial Services Inc. (NYSE:KFS) Shares Purchased by Bard Associates Inc.

Bard Associates Inc. boosted its position in shares of Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 296,059 shares of the insurance provider’s stock after acquiring an additional 7,946 shares during the quarter. Bard Associates Inc. owned about 1.07% of Kingsway Financial Services worth $2,478,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of Kingsway Financial Services by 36.4% during the third quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 1,742 shares during the period. Private Advisor Group LLC purchased a new position in Kingsway Financial Services during the 4th quarter worth approximately $102,000. Barclays PLC lifted its stake in Kingsway Financial Services by 325.5% during the 3rd quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock valued at $150,000 after acquiring an additional 13,975 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Kingsway Financial Services by 368.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,532 shares of the insurance provider’s stock valued at $236,000 after acquiring an additional 22,438 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Kingsway Financial Services by 4.8% in the third quarter. State Street Corp now owns 151,477 shares of the insurance provider’s stock worth $1,254,000 after acquiring an additional 6,877 shares during the period. Hedge funds and other institutional investors own 72.38% of the company’s stock.

Kingsway Financial Services Stock Performance

Shares of Kingsway Financial Services stock opened at $7.86 on Tuesday. The firm has a fifty day moving average price of $8.05 and a 200 day moving average price of $8.35. Kingsway Financial Services Inc. has a 1 year low of $7.52 and a 1 year high of $9.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.41 and a quick ratio of 0.41.

Insider Buying and Selling at Kingsway Financial Services

In related news, Director Joseph Stilwell sold 365,000 shares of Kingsway Financial Services stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $8.43, for a total transaction of $3,076,950.00. Following the completion of the transaction, the director now directly owns 593,743 shares in the company, valued at approximately $5,005,253.49. This trade represents a 38.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders purchased 898 shares of company stock worth $7,513. Insiders own 54.75% of the company’s stock.

Kingsway Financial Services Profile

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.