Company profile

Ticker
PTVCA
Exchange
CEO
Jeremy D. Edgecliffe-Johnson
Employees
Incorporated in
Location
Fiscal year end
Former names
Baldwin & Lyons Inc
SEC CIK
IRS number
350160330

PTVCA stock data

(
)

Calendar

6 May 20
14 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 90.8M 124.43M 119.83M 127M
Net income -22.16M 3.77M -707K 1.54M
Diluted EPS -1.56 0.26 -0.05 0.11
Net profit margin -24.40% 3.03% -0.59% 1.21%
Net change in cash 21.47M -17.93M 5.01M -36.65M
Cash on hand 89.32M 67.85M 85.78M 80.77M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 495.6M 439.17M 371.23M 319M
Net income 7.35M -34.08M 18.32M 28.95M
Diluted EPS 0.5 -2.28 1.21 1.92
Net profit margin 1.48% -7.76% 4.94% 9.07%
Net change in cash -96.15M 99.32M 1.7M -10.56M
Cash on hand 67.85M 164M 64.68M 62.98M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
6 Jul 20 Jeremy David Edgecliffe-Johnson Class B Common Stock Grant Aquire A No 14.63 40,000 585.2K 163,842
6 Jul 20 Schmiedt Patrick Class B Common Stock Grant Aquire A No 14.63 7,500 109.73K 20,559
6 Jul 20 Bahram D. Omidfar Class B Common Stock Grant Aquire A No 14.63 11,000 160.93K 29,637
6 Jul 20 Goldstein Jeremy Fine Class B Common Stock Grant Aquire A No 14.63 6,700 98.02K 19,069
6 Jul 20 Barnett John R Class B Common Stock Grant Aquire A No 14.63 7,500 109.73K 20,980
13F holders
Current Prev Q Change
Total holders 68 71 -4.2%
Opened positions 6 5 +20.0%
Closed positions 9 10 -10.0%
Increased positions 22 27 -18.5%
Reduced positions 28 23 +21.7%
13F shares
Current Prev Q Change
Total value 129.92M 147.67M -12.0%
Total shares 6.59M 6.94M -5.1%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Dimensional Fund Advisors 984.27K $13.53M +0.9%
BLK BlackRock 981.01K $13.49M +0.3%
Renaissance Technologies 639.82K $8.8M -4.5%
Vanguard 593.57K $8.16M +2.8%
RY Royal Bank of Canada 461.49K $6.35M +27.1%
First Manhattan 417.11K $5.74M +2.2%
AMP Ameriprise Financial 314.26K $4.32M -14.1%
Deprince Race & Zollo 242.81K $3.34M -1.5%
STT State Street 213.84K $2.94M -0.7%
BAC Bank of America 166.75K $2.29M -4.2%
Largest transactions
Shares Bought/sold Change
Intrepid Capital Management 0 -311.01K EXIT
RY Royal Bank of Canada 461.49K +98.44K +27.1%
AMP Ameriprise Financial 314.26K -51.59K -14.1%
Balyasny Asset Management 0 -44.24K EXIT
Renaissance Technologies 639.82K -30.16K -4.5%
Capital Returns Management 119.62K +25.72K +27.4%
Russell Investments 5.21K -21.96K -80.8%
Oxford Asset Management 13.18K -19.52K -59.7%
Arrowstreet Capital, Limited Partnership 71.79K +19.07K +36.2%
Vanguard 593.57K +16.32K +2.8%

Financial report summary

?
Risks
  • We compete with a large number of companies in the insurance industry for underwriting revenues.
  • Changes in laws and regulations governing the insurance industry could have a negative impact on our ability to generate income from our insurance operations.
  • A material decline in our financial strength rating could adversely affect our position in the insurance market and cause a significant reduction in our premiums and earnings.
  • We have two classes of common stock with unequal voting rights that are effectively controlled by our principal shareholders and management, which limits other shareholders’ ability to influence our operations.
  • We are subject to credit risk relating to our ability to recover amounts due from reinsurers.
  • We may incur additional losses if our loss reserves are inadequate.
  • The loss of our major customer could severely impact our revenue and earnings potential and A.M. Best rating.
  • Our collateral held may prove to be insufficient.
  • A material drop in interest rates, or disruption in the fixed income markets, could have an adverse impact on our earnings and, potentially, our financial position.
  • Our investment portfolio is subject to market and credit risks, which could affect our financial results and ability to conduct business.
  • Technological advances, including those specific to the transportation industry, could present us with added competitive risks.
  • The failure of our information technology systems and other operational systems to operate properly or disruptions or breaches of our information systems could adversely affect our business, results of operations and financial condition.
  • Legal and regulatory proceedings are unpredictable and could produce one or more unexpected verdicts against us that could materially and adversely affect our financial results for any given period.
  • Changes in current accounting practices and future pronouncements may materially impact our reported financial results.
  • We may be unable to attract and retain qualified employees.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accrued, added, addressed, analyzing, appeal, arose, attachment, began, behavior, breadth, cancel, canceling, carryback, claimant, clause, comity, conclusion, copy, core, country, creating, customer, cybersecurity, default, degree, delay, delayed, demonstrate, deterioration, direct, discretionary, dismissal, dismissing, disrupted, disruption, distressed, economy, elevated, energy, entity, exacerbated, Exhibit, expand, face, fact, factor, focusing, foregoing, forum, freeze, frequency, gaming, government, governmental, grace, hard, heightened, herewith, increasingly, indemnification, indemnify, Indemnitee, indirect, injury, instituted, instituting, internet, interpretation, interruption, introduced, leisure, length, local, lodging, longer, maker, member, methodology, notice, order, OTTI, outsourcing, pandemic, persist, policyholder, prejudice, principle, profile, proper, pursue, qualitative, reaction, recipient, recommendation, refrain, regularly, relevant, remote, removed, renewal, replaced, retail, senior, separately, shift, shifted, simplify, Simplifying, situation, slowdown, spending, spread, standing, state, strategy, system, temporary, text, treated, treatment, unable, uncertain, uncertainty, unexpected, unknown, unlimited, unprofitable, volatility, widening, work, worked, workforce, working, write
Removed: apply, ASC, blackout, Codification, computed, covering, criteria, critical, developed, earliest, emergence, impaired, initially, insider, issuance, leverage, leveraging, Meeting, offer, prohibited, purpose, recur, repurchasing, Subtopic, superseded, Targeted, trading, utilizing