Hagerty (HGTY) Scheduled to Post Earnings on Tuesday

Hagerty (NYSE:HGTY – Get Rating) will issue its quarterly earnings data before the market opens on Tuesday, March 14th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Hagerty Price Performance

Shares of HGTY stock opened at $8.99 on Tuesday. Hagerty has a 12-month low of $7.23 and a 12-month high of $15.28. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -15.77 and a beta of 0.74. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average of $9.26 and a 200-day moving average of $9.39.

Hedge Funds Weigh In On Hagerty

Institutional investors and hedge funds have recently made changes to their positions in the company. Citigroup Inc. acquired a new position in shares of Hagerty in the 1st quarter valued at $61,000. Legal & General Group Plc acquired a new position in shares of Hagerty in the 2nd quarter valued at $71,000. Tower Research Capital LLC TRC acquired a new position in shares of Hagerty in the 3rd quarter valued at $88,000. JPMorgan Chase & Co. acquired a new position in shares of Hagerty in the 2nd quarter valued at $119,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of 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 buying an additional 1,927 shares during the period. Institutional investors and hedge funds own 20.30% of the company’s stock.

About Hagerty

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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.