HRTG Sold ==> Yet another winner for the greatest stock picker ever

[jiesen]

and so I doubled up on my HRTG at $14 today.

[Louetta]

Oops .....

[jiesen]

wonder why they're missing the Q1 EPS estimate... there still haven't been any big hurricanes lately, right?

[Lucavia123]

wonder why they're missing the Q1 EPS estimate... there still haven't been any big hurricanes lately, right?

Tornado season did them in.

http://www.bizjournals.com/tampabay/blog/morning-edition/2016/05/storms-dampen-the-bottom-line-at-property-insurers.html?ana=yahoo

[jiesen]

ah well that does explain it... I guess you win some and you lose some, then. At least the losses are a temporary Q1 thing, just as long as there aren't any more big storms!

[Louetta]

Methinks the share repurchase of $60 m (thru 2017, I guess) is about 15% of the market cap which is decent, plus increasing the dividend, makes this a hold. Tried to buy a little more at $12.03 this morning but missed.

[jiesen]

$11 in BV, almost $7 in cash... plus, the P/E of this stock is about 4, and they'll make about $6/shr over the next two years. Yeah, they came out a quarter short this time, but they should have no problem making it up. $12 or $13 is a steal for HRTG, imo.

[Louetta]

First significant up day I can recall in a while.

[jiesen]

First significant up day I can recall in a while.

yeah, and it's about time, eh?

[Lucavia123]

Wow... this is super cheap. If you have a year you should easily double your money.

[rickflyboy]

I sure hope you are right, I bought at $16 and it has been down ever since.

[Louetta]

Wow... this is super cheap. If you have a year you should easily double your money.

Showing some signs of life recently.

[rickflyboy]

Congratulations

[Louetta]

Congratulations

We don't get a lot of this here.

[Websman]

Just picked up a few shares of HRTG....Time for a recovery....make it so.