Safety Insurance Group, Inc. (NASDAQ:SAFT) Shares Bought by Legal & General Group Plc

Legal & General Group Plc boosted its position in Safety Insurance Group, Inc. (NASDAQ:SAFT) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,322 shares of the insurance provider’s stock after buying an additional 186 shares during the period. Legal & General Group Plc owned 0.17% of Safety Insurance Group worth $1,774,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. State of Alaska Department of Revenue increased its stake in shares of Safety Insurance Group by 76.6% in the first quarter. State of Alaska Department of Revenue now owns 2,720 shares of the insurance provider’s stock worth $190,000 after buying an additional 1,180 shares in the last quarter. TFS Capital LLC purchased a new stake in shares of Safety Insurance Group during the first quarter worth about $200,000. Mason Street Advisors LLC increased its stake in shares of Safety Insurance Group by 7.0% in the first quarter. Mason Street Advisors LLC now owns 3,330 shares of the insurance provider’s stock worth $233,000 after buying an additional 218 shares in the last quarter. US Bancorp DE increased its stake in shares of Safety Insurance Group by 2.2% in the first quarter. US Bancorp DE now owns 4,694 shares of the insurance provider’s stock worth $329,000 after buying an additional 100 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Safety Insurance Group by 58.0% in the first quarter. SG Americas Securities LLC now owns 4,708 shares of the insurance provider’s stock worth $330,000 after buying an additional 1,728 shares in the last quarter. Institutional investors and hedge funds own 79.26% of the company’s stock.

Shares of Safety Insurance Group, Inc. (NASDAQ SAFT) opened at 71.00 on Monday. The company has a 50-day moving average of $69.11 and a 200 day moving average of $69.95. The firm has a market cap of $1.08 billion, a P/E ratio of 16.84 and a beta of 0.77. Safety Insurance Group, Inc. has a 12-month low of $62.75 and a 12-month high of $75.05.

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Separately, BidaskClub upgraded shares of Safety Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, June 30th.

Safety Insurance Group Company Profile

Safety Insurance Group, Inc is a provider of private passenger automobile insurance. The Company offers a portfolio of property and casualty insurance products. The Company is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft.

Institutional Ownership by Quarter for Safety Insurance Group (NASDAQ:SAFT)

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