Jacobson & Schmitt Advisors increased their stake in Kinsale Capital Group by 6,661 shares in the fourth quarter, valued at $2.72 million. This raised their quarter-end stake value by $1.37 million, totaling 42,894 shares worth $16.78 million after the trade. The company’s latest quarter showed strong growth, with net income up 24% year over year, reaching $141.6 million. Despite lagging behind the market, Kinsale Capital Group remains a high-ROE insurer, generating capital internally and repurchasing shares. This move by Jacobson & Schmitt Advisors shows a quality tilt towards a consistent business in the insurance sector.

Read more at Nasdaq: Why One Fund Is Betting $17 Million on This Specialty Insurer