Gabelli Funds LLC Raises Stock Holdings in ICC Holdings, Inc. (NASDAQ:ICCH)

Gabelli Funds LLC boosted its holdings in shares of ICC Holdings, Inc. (NASDAQ:ICCH) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,775 shares of the company’s stock after acquiring an additional 4,000 shares during the quarter. Gabelli Funds LLC owned 1.74% of ICC worth $1,275,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ICCH. Oddo BHF Asset Management Sas bought a new stake in shares of ICC during the third quarter worth $3,497,000. Gardner Lewis Asset Management L P lifted its holdings in ICC by 17.9% during the 4th quarter. Gardner Lewis Asset Management L P now owns 164,866 shares of the company’s stock valued at $3,838,000 after buying an additional 25,006 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in ICC by 19.1% in the 3rd quarter. Geode Capital Management LLC now owns 13,728 shares of the company’s stock valued at $315,000 after buying an additional 2,200 shares during the period. Institutional investors own 46.50% of the company’s stock.

ICC Stock Performance

Shares of NASDAQ:ICCH opened at $23.49 on Friday. The firm’s 50 day simple moving average is $23.30 and its 200-day simple moving average is $23.23. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.04. ICC Holdings, Inc. has a one year low of $15.25 and a one year high of $23.96. The firm has a market cap of $73.74 million, a PE ratio of 10.58 and a beta of 0.30.

ICC (NASDAQ:ICCH) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $23.94 million for the quarter. ICC had a return on equity of 9.58% and a net margin of 7.13%.

About ICC

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.