Growth Story Still Intact For Global Indemnity Limited (GBLI)


    Dimensional Fund Advisors LP has recently announced that it has increased stake in Global Indemnity Limited (NASDAQ:GBLI) by 1.45%. After grabbing 0.85 million shares, the institutional investor is now in possession of 12154.0 shares of the Financial Company. The new investment brought the stake of investor firm to 8.35% having worth around $19.48 million. Moreover, Springhouse Capital Management LP increased its share by 7891.0 to have a control over 0.73 million shares. And Columbia Management Investment Ad.. raised its holdings to 0.33 million shares by acquiring 0.63 million shares or 6.15% of the stake.

    Global Indemnity Limited (GBLI) concluded trading on 08/27/20 at a closing price of $20.14, with 1.08 million shares of worth about $21.75 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -21.17% during that period and on Thursday the price saw a loss of about -19.28%. Currently the company’s common shares owned by public are about 14.28M shares, out of which, 8.60M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analyst is covering the GBLI stock and their offered price forecasts bring an average price target of $27.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $27.00 and could fall to a lowest price of $27.00. However, touching the estimated high of $27.00 would mean a gain of 25.41% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 45 times over the past 12 months. They bought 252,010 shares in 39 of the transactions. In 6 selling transactions, insiders dumped 305,556 shares.

    American Beacon Small Cap Value F, Hotchkis & Wiley Small Cap Value, and DFA US Small Cap Value Portfolio are the top 3 mutual funds which are holding stakes in Global Indemnity Limited American Beacon Small Cap Value F is currently holding 0.38 million shares of worth totaling $8.65 million. The company recently came selling 5100.0 shares which brought its stake up to 3.71% of the company’s outstanding shares. Hotchkis & Wiley Small Cap Value sold 2700.0 shares, after which its hold over company’s outstanding shares shrunk to 3.09%, leaving 0.32 million shares with the mutual fund that have a worth of about $7.22 million. DFA US Small Cap Value Portfolio, after buying 0.26 million shares, have now control over 2.54% of the stake in the company. It holds 5964.0 shares of worth $5.93 million.

    Global Indemnity Limited (NASDAQ: GBLI) started trading at $24.99, above $0.04 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $20.14, or with a loss of -19.28%. Stock saw a price change of -21.17% in past 5 days and over the past one month there was a price change of -13.82%. Year-to-date (YTD), GBLI shares are showing a performance of -32.03% which decreased to -22.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.75 but also hit the highest price of $34.65 during that period. While comparing its average daily trading volume of 24.94K shares, we see that about 1.08 million changed hands on the day. The stock is currently trading -17.09% below its 20-day simple moving average (SMA20), while that difference is down -15.03% for SMA50 and it goes to -24.08% lower than SMA200.

    Dimensional Fund Advisors LP acquired 0.85 million shares of Global Indemnity Limited having value of about $19.48 million. Data submitted at the U.S SEC by Dimensional Fund Advisors LP revealed that the firm now holds 12154.0 shares in the company valued at close to $244781.56, or have control over 1.45% stake in the company. Global Indemnity Limited (NASDAQ: GBLI) currently have 14.28M outstanding shares and institutions hold larger chunk of about 93.90% of that. Holding of mutual funds in the company is about 33.57% while other institutional holders and individual stake holders have control over 55.16% and 26.32% of the stake respectively.

    The stock has a current market capitalization of $297.27M and its 3Y-monthly beta is at 0.53. PE ratio of stock for trailing 12 months is 10.21, while it has posted earnings per share of $1.97 in the same period. Its PEG reads 1.02 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GBLI, volatility over the week remained 13.60% while standing at 6.77% over the month.

    Analysts are in expectations that Global Indemnity Limited (GBLI) stock would likely to be making an EPS of $0.4 in the current quarter, while forecast for next quarter ESPS is $0 and it is $3 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.4 which is $0.4 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.66 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 221.40% while it is estimated to increase by 42.86% in next year. EPS is likely to shrink at an annualized rate of 10.00% for next 5-years, compared to annual growth of 14.50% made by the stock over the past 5-years.

    Analysts at 1 brokerage firms have issued recommendations for the Global Indemnity Limited (GBLI)’s stock out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.


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