Great Lakes Advisors LLC Invests $3.11 Million in Slide Insurance Holdings, Inc. $SLDE

Great Lakes Advisors LLC bought a new stake in Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 197,243 shares of the company's stock, valued at approximately $3,113,000. Great Lakes Advisors LLC owned about 0.16% of Slide Insurance as of its most recent filing with the SEC.Several other institutional investors have also recently bought and sold shares of SLDE. American Century Companies Inc. bought a new position in shares of Slide Insurance during the 2nd quarter worth approximately $56,229,000. Raymond James Financial Inc. acquired a new position in Slide Insurance during the second quarter worth $33,063,000. Hood River Capital Management LLC acquired a new position in Slide Insurance during the second quarter worth $31,542,000. Federated Hermes Inc. bought a new position in Slide Insurance in the third quarter valued at $9,471,000. Finally, Boston Partners acquired a new stake in Slide Insurance in the 2nd quarter valued at $10,701,000. Get Slide Insurance alerts:Wall Street Analyst Weigh InA number of equities analysts have recently commented on the stock. Zacks Research upgraded shares of Slide Insurance from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 8th. Keefe, Bruyette & Woods upped their target price on Slide Insurance from $19.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday, November 6th. Weiss Ratings reissued a "hold (c-)" rating on shares of Slide Insurance in a research report on Friday, December 26th. Morgan Stanley boosted their price target on Slide Insurance from $18.00 to $21.00 and gave the stock an "overweight" rating in a research report on Monday, November 17th. Finally, Piper Sandler upped their price objective on Slide Insurance from $18.00 to $21.00 and gave the stock an "overweight" rating in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Slide Insurance has a consensus rating of "Buy" and an average price target of $23.17.Check Out Our Latest Stock Report on Slide InsuranceSlide Insurance Price PerformanceShares of NASDAQ SLDE opened at $17.23 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.04. The business's 50 day moving average price is $17.59 and its two-hundred day moving average price is $16.42. The company has a market cap of $2.14 billion and a PE ratio of 12.76. Slide Insurance Holdings, Inc. has a twelve month low of $12.53 and a twelve month high of $25.90. Slide Insurance (NASDAQ:SLDE - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.30. The business had revenue of $265.69 million during the quarter, compared to analyst estimates of $279.36 million. Slide Insurance Profile (Free Report)Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.See AlsoFive stocks we like better than Slide InsuranceStock market legend warns: “An Ominous Day Is Coming for the Markets…”Another reason you need to own gold… [running out]Trump’s Final Shocking Act Begins February 24NEW: Gold makes historyDeutsche Bank Just Raised Their Gold Target to $6,000Want to see what other hedge funds are holding SLDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Slide Insurance Right Now?Before you consider Slide Insurance, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Slide Insurance wasn't on the list.While Slide Insurance currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here