National General (NGHC) is Initiated by Morgan Stanley to Equal-Weight

National General (NGHC) is Initiated by Morgan Stanley to Equal-Weight , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.

National General Holdings Corp. is up 15.33% in the last 3-month period. Year-to-Date the stock performance stands at 17.99%.

National General Holdings Corp (NASDAQ:NGHC) has lost 1.04% during the past week and dropped 1.26% in the last 4 weeks. The shares have underperformed the S&P 500 by 0.22% during the past week but National General Holdings Corp (NASDAQ:NGHC) has outperformed the index in 4 weeks by 1.04%.

Shares of National General Holdings Corp (NASDAQ:NGHC) ended Thursday session in red amid volatile trading. The shares closed down 0.29 points or 1.31% at $21.86 with 189,067 shares getting traded. Post opening the session at $22.1, the shares hit an intraday low of $21.69 and an intraday high of $22.24 and the price vacillated in this range throughout the day. The company has a market cap of $2,305 million and the number of outstanding shares have been calculated to be 105,434,793 shares. The 52-week high of National General Holdings Corp (NASDAQ:NGHC) is $23.8793 and the 52-week low is $17.25.

Currently the company Insiders own 15.6% of National General Holdings Corp shares according to the proxy statements. Institutional Investors own 38.94% of National General Holdings Corp shares. During last six month period, the net percent change held by insiders has seen a change of -49.95%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (Executive Vice President), of National General Holdings Corp., Newgarden Thomas had unloaded 20,000 shares at $21.89 per share in a transaction on December 8, 2015. The total value of transaction was $437,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

National General Holdings Corp., is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides personal and commercial automobile insurance, health insurance products and other niche insurance products. It operates in two segments: Property and Casualty (P&C) and Accident and Health (A&H). Its property and casualty (P&C) insurance products protect its customers against losses due to physical damage to their motor vehicles, bodily injury and liability to others for personal injury or property damage arising out of auto accidents. Its accident and health (A&H) business provides accident and non-major medical health insurance products targeting its existing P&C policyholders. Effective June 27, 2014, National General Holdings Corp acquired Imperial Management Corp, an Opelousas-based provider of insurance services, from Southport Lane Management LLC.