Safety Insurance Group, Inc. (NASDAQ:SAFT) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $99.77 and last traded at $99.77, with a volume of 459 shares trading hands. The stock had previously closed at $99.06.

Separately, BidaskClub raised shares of Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Friday, July 12th.

The firm’s 50-day moving average is $95.62. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.52 billion, a P/E ratio of 14.65 and a beta of 0.62.

Safety Insurance Group (NASDAQ:SAFT) last posted its quarterly earnings results on Wednesday, May 1st. The insurance provider reported $1.36 earnings per share (EPS) for the quarter. Safety Insurance Group had a net margin of 12.25% and a return on equity of 14.41%. The company had revenue of $222.58 million for the quarter.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Naples Global Advisors LLC raised its position in shares of Safety Insurance Group by 3.6% in the first quarter. Naples Global Advisors LLC now owns 15,037 shares of the insurance provider’s stock valued at $1,310,000 after purchasing an additional 525 shares during the period. Ronna Sue Cohen raised its position in shares of Safety Insurance Group by 8,624.9% in the first quarter. Ronna Sue Cohen now owns 2,785,522 shares of the insurance provider’s stock valued at $2,786,000 after purchasing an additional 2,753,596 shares during the period. Comerica Bank raised its position in shares of Safety Insurance Group by 1.6% in the first quarter. Comerica Bank now owns 14,346 shares of the insurance provider’s stock valued at $1,302,000 after purchasing an additional 222 shares during the period. Principal Financial Group Inc. increased its holdings in Safety Insurance Group by 5.4% during the 4th quarter. Principal Financial Group Inc. now owns 124,056 shares of the insurance provider’s stock worth $10,149,000 after acquiring an additional 6,368 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in Safety Insurance Group by 1.3% during the 1st quarter. Victory Capital Management Inc. now owns 19,850 shares of the insurance provider’s stock worth $1,730,000 after acquiring an additional 249 shares during the period. 81.27% of the stock is currently owned by institutional investors.

About Safety Insurance Group (NASDAQ:SAFT)

Safety Insurance Group, Inc provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine, the United States. 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/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils.

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