ICC (NASDAQ:ICCH) Announces Quarterly Earnings Results

ICC (NASDAQ:ICCH) released its earnings results on Tuesday. The company reported $0.75 EPS for the quarter, reports. The firm had revenue of $23.08 million for the quarter. ICC had a net margin of 5.36% and a return on equity of 7.03%.

ICC Price Performance

Shares of ICC stock remained flat at $16.00 during trading on Friday. The stock has a 50-day moving average price of $15.68 and a 200-day moving average price of $15.52. The company has a market capitalization of $50.27 million, a price-to-earnings ratio of 10.67 and a beta of 0.24. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 0.94. ICC has a 12 month low of $14.78 and a 12 month high of $17.00.

Institutional Trading of ICC

A hedge fund recently bought a new stake in ICC stock. Northwest Bank & Trust Co bought a new position in shares of ICC Holdings, Inc. (NASDAQ:ICCH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,650 shares of the company’s stock, valued at approximately $41,000. Northwest Bank & Trust Co owned 0.08% of ICC at the end of the most recent quarter. Institutional investors and hedge funds own 46.50% of the company’s stock.

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.