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KCAP Financial, Inc. (KCAP) At $3.40 Forms Bottom; Safety Insurance Group Has 1.33 Sentiment

Safety Insurance Group, Inc. provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine. The company has market cap of $1.23 billion. The Company’s private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insuredÂ’s car occupants, and physical damage coverage for an insuredÂ’s own vehicle for collision or other perils. It has a 19.47 P/E ratio. The firm also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy.

KCAP Financial, Inc. (KCAP) formed multiple bottom with $3.13 target or 8.00% below today’s $3.40 share price. KCAP Financial, Inc. (KCAP) has $126.88M valuation. The stock increased 0.89% or $0.03 during the last trading session, reaching $3.4. About 232,669 shares traded or 93.49% up from the average. KCAP Financial, Inc. (NASDAQ:KCAP) has risen 4.78% since December 8, 2016 and is uptrending. It has underperformed by 11.92% the S&P500.

The stock increased 0.56% or $0.45 during the last trading session, reaching $80.85. About 48,212 shares traded. Safety Insurance Group, Inc. (SAFT) has risen 13.34% since December 8, 2016 and is uptrending. It has underperformed by 3.36% the S&P500.

Srb Corp holds 14.15% of its portfolio in Safety Insurance Group, Inc. for 1.44 million shares. Ronna Sue Cohen owns 37,012 shares or 1.87% of their US portfolio. Moreover, Fernwood Investment Management Llc has 0.49% invested in the company for 9,950 shares. The Alabama-based Stanley has invested 0.46% in the stock. Naples Global Advisors Llc, a Florida-based fund reported 13,678 shares.

Among 6 analysts covering KCAP Financial (NASDAQ:KCAP), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. KCAP Financial had 7 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Monday, August 17 by Wood. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 20. The firm has “Hold” rating given on Sunday, October 22 by Keefe Bruyette & Woods. The firm earned “Neutral” rating on Wednesday, April 27 by Janney Capital.

Analysts await KCAP Financial, Inc. (NASDAQ:KCAP) to report earnings on March, 14. They expect $0.09 EPS, down 18.18% or $0.02 from last year’s $0.11 per share. KCAP’s profit will be $3.36 million for 9.44 P/E if the $0.09 EPS becomes a reality. After $0.07 actual EPS reported by KCAP Financial, Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

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