Boston Partners Acquires 24,600 Shares of Hallmark Financial Services, Inc. (HALL)

Boston Partners raised its position in shares of Hallmark Financial Services, Inc. (NASDAQ:HALL) by 13.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 206,400 shares of the insurance provider’s stock after buying an additional 24,600 shares during the period. Boston Partners owned about 1.12% of Hallmark Financial Services worth $2,326,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in HALL. First Quadrant L P CA boosted its position in shares of Hallmark Financial Services by 542.4% in the second quarter. First Quadrant L P CA now owns 13,266 shares of the insurance provider’s stock worth $150,000 after buying an additional 11,201 shares during the last quarter. TFS Capital LLC acquired a new position in shares of Hallmark Financial Services during the first quarter worth approximately $164,000. Bessemer Group Inc. boosted its position in shares of Hallmark Financial Services by 102.7% in the second quarter. Bessemer Group Inc. now owns 15,000 shares of the insurance provider’s stock worth $169,000 after buying an additional 7,600 shares during the last quarter. Hancock Holding Co. boosted its position in shares of Hallmark Financial Services by 28.2% in the first quarter. Hancock Holding Co. now owns 15,672 shares of the insurance provider’s stock worth $173,000 after buying an additional 3,450 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of Hallmark Financial Services by 0.7% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 19,073 shares of the insurance provider’s stock worth $211,000 after buying an additional 130 shares during the last quarter. 65.59% of the stock is currently owned by institutional investors and hedge funds.

Hallmark Financial Services, Inc. (NASDAQ:HALL) opened at 11.14 on Wednesday. Hallmark Financial Services, Inc. has a 52 week low of $9.71 and a 52 week high of $12.09. The firm has a market capitalization of $202.48 million, a PE ratio of 113.67 and a beta of 0.82. The firm has a 50-day moving average of $11.17 and a 200 day moving average of $10.94.

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A number of equities analysts have recently commented on HALL shares. TheStreet raised shares of Hallmark Financial Services from a “c” rating to a “b-” rating in a report on Wednesday, June 28th. Zacks Investment Research raised shares of Hallmark Financial Services from a “strong sell” rating to a “hold” rating in a report on Monday, July 17th.

Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc is an insurance holding company. The Company markets, distributes, underwrites and services its property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting and servicing insurance products, as well as providing other insurance related services.