Shares of Hallmark Financial Services, Inc. (NASDAQ:HALL) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Zacks has also given Hallmark Financial Services an industry rank of 176 out of 265 based on the ratings given to its competitors.

Separately, TheStreet cut Hallmark Financial Services from a “b-” rating to a “c” rating in a report on Friday, August 18th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of Hallmark Financial Services by 0.4% in the 1st quarter. Bank of America Corp DE now owns 123,508 shares of the insurance provider’s stock valued at $1,364,000 after acquiring an additional 552 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Hallmark Financial Services by 0.9% during the 2nd quarter. Northern Trust Corp now owns 175,590 shares of the insurance provider’s stock worth $1,979,000 after acquiring an additional 1,584 shares during the last quarter. Teachers Advisors LLC lifted its stake in shares of Hallmark Financial Services by 6.8% during the 2nd quarter. Teachers Advisors LLC now owns 27,951 shares of the insurance provider’s stock worth $315,000 after acquiring an additional 1,769 shares during the last quarter. Hancock Holding Co. lifted its stake in shares of Hallmark Financial Services by 12.1% during the 2nd quarter. Hancock Holding Co. now owns 17,572 shares of the insurance provider’s stock worth $198,000 after acquiring an additional 1,900 shares during the last quarter. Finally, Alliancebernstein L.P. raised its position in Hallmark Financial Services by 11.2% during the 2nd quarter. Alliancebernstein L.P. now owns 18,800 shares of the insurance provider’s stock valued at $212,000 after purchasing an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 64.97% of the company’s stock.

Shares of Hallmark Financial Services (HALL) opened at $11.17 on Friday. Hallmark Financial Services has a 52 week low of $9.91 and a 52 week high of $12.09. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.33.

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Hallmark Financial Services Company Profile

Hallmark Financial Services, Inc is an insurance holding company. The Company markets, distributes, underwrites and services its property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting and servicing insurance products, as well as providing other insurance related services.

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