Heritage Insurance Stock Near 52-Week High: Time to Buy?

Shares of Heritage Insurance Holdings, Inc. (HRTG) closed at $16.24 on Tuesday, near its 52-week high of$16.55, after having gained 149.2% year to date. Shares outperformed the industry, the Finance sector as well as the Zacks S&P 500 composite index in the same time frame. This super-regional U.S. property and casualty insurance holding company delivered an earnings surprise in three of the last four quarters, while missed in one. Prudent underwriting execution and rate adequacy initiatives pursued over t ...