Hallmark Financial Services Inc Institutional Investor Sentiment Worsened in 2018 Q1

June 17, 2018 - By Hazel Jackson

Sentiment for Hallmark Financial Services Inc (NASDAQ:HALL)

Hallmark Financial Services Inc (NASDAQ:HALL) institutional sentiment decreased to 0.89 in Q1 2018. Its down -0.79, from 1.68 in 2017Q4. The ratio fall, as 24 funds opened new and increased holdings, while 27 sold and reduced their stock positions in Hallmark Financial Services Inc. The funds in our partner’s database now have: 11.79 million shares, up from 11.40 million shares in 2017Q4. Also, the number of funds holding Hallmark Financial Services Inc in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 2 Reduced: 25 Increased: 18 New Position: 6.

Hallmark Financial Services, Inc., through its subsidiaries, underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company has market cap of $180.92 million. The firm operates in the Standard Commercial, Specialty Commercial, and Personal divisions. It currently has negative earnings. The Standard Commercial segment offers standard commercial lines of insurance products primarily in the non-urban areas of Texas, New Mexico, Idaho, Oregon, Montana, Washington, Utah, Wyoming, Arkansas, Hawaii, and Missouri.

The stock decreased 0.20% or $0.02 during the last trading session, reaching $10.02. About 22,430 shares traded. Hallmark Financial Services, Inc. (NASDAQ:HALL) has declined 4.45% since June 17, 2017 and is downtrending. It has underperformed by 17.02% the S&P500.

Analysts await Hallmark Financial Services, Inc. (NASDAQ:HALL) to report earnings on August, 6. They expect $0.20 earnings per share, up 1,900.00 % or $0.19 from last year’s $0.01 per share. HALL’s profit will be $3.61 million for 12.53 P/E if the $0.20 EPS becomes a reality. After $0.24 actual earnings per share reported by Hallmark Financial Services, Inc. for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth.

Roumell Asset Management Llc holds 5.99% of its portfolio in Hallmark Financial Services, Inc. for 304,972 shares. Cove Street Capital Llc owns 1.69 million shares or 1.66% of their US portfolio. Moreover, Intrepid Capital Management Inc has 1.48% invested in the company for 488,873 shares. The Texas-based Centaur Capital Partners L.P. has invested 0.91% in the stock. Staley Capital Advisers Inc, a Pennsylvania-based fund reported 900,000 shares.

Since January 1, 0001, it had 1 buying transaction, and 1 insider sale for $84,866 activity.

Hallmark Financial Services, Inc. (NASDAQ:HALL) Institutional Positions Chart

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