Markets
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Argo Group International Holdings (ARGO – Research Report), Texas Capital Bancshares (TCBI – Research Report) and SEI Investments Company (SEIC – Research Report).
Argo Group International Holdings (ARGO)
Raymond James analyst Charles Peters reiterated a Buy rating on Argo Group International Holdings today and set a price target of $60.00. The company’s shares closed last Wednesday at $54.60, close to its 52-week high of $55.24.
According to TipRanks.com, Peters is a 5-star analyst with an average return of 11.4% and a 70.3% success rate. Peters covers the Financial sector, focusing on stocks such as American Equity Investment Life, Hallmark Financial Services, and Old Republic International.
Dallas-based property and casualty insurer Hallmark Financial Services Inc. plans to sell a non-controlling stake in its specialty commercial business.
Texas’ Upland Capital Group Launches Excess Transportation Liability Program February 25, 2021
Newly launched specialty lines insurer, Dallas-based Upland Capital Group (Upland), has added an Excess Transportation Liability (XTL) specialty insurance offering targeting fleet sizes up to 250 revenue producing vehicles.
Upland will be writing the program in all 50 states on non-admitted paper, rated A-VIII by AM Best. The limits for consideration are up to $5 million (targeting $1 million and $2 million excess limits) and there are no excess attachment point restrictions.
All claims will be handled by a dedicated in-house team led by industry professionals with deep knowledge of the excess transportation market and ties to the company’s leadership.
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SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ Court-appointed Lead Counsel Hagens Berman alerts class members that Defendants motion to dismiss a securities class action against Hallmark Financial Services, Inc.
(NASDAQ: HALL) is now fully briefed. The Court s order on the motion may pave the way for Lead Plaintiff to obtain discovery. In the meantime, the Firm encourages individuals with relevant, non-public information regarding Hallmark to contact the firm now.
Hallmark Financial Services, Inc. (HALL) Securities Class Action:
The action, captioned
Schulze v. Hallmark Financial Services, Inc., et al., No. 3:20-cv-1130-X, was filed in the United States District Court for the Northern District of Texas on May 5, 2020, on behalf of all investors who purchased or otherwise acquired the publicly-traded common stock of Hallmark during the period from March 5, 2019, through March 17, 2020, inclusive (the Class Period ).