Why These 15 Financial Services Stocks Are Surging In 2025

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7. Heritage Insurance Holdings Inc (NYSE:HRTG)

Number of Hedge Fund Holders In Q4 2024: 16

Heritage Insurance Holdings Inc (NYSE:HRTG) provides personal and commercial residential insurance products across several US states, focusing on catastrophe-prone regions.

The stock is up significantly so far in 2025 as the company reported a strong fourth quarter in 2024, with net income exceeding $18.9 million despite significant catastrophe losses from Hurricane Milton, and it managed to keep loss ratios in check due to lower-than-expected non-catastrophe claims.

In March 2025, Heritage reported a full-year net income of $61.5 million, up from $45.3 million in 2023, driven by premium growth, improved underwriting, and disciplined expense management.

The consensus price target of $12.5 implies 33.86% downside.

HRTG stock is up 56.20% year-to-date.

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