HCI GROUP INC (HCI) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of HCI GROUP INC (HCI) from NEUTRAL to OUTPERFORM on August 23, 2013, with a target price of $38.50.

HCI Group, Inc. is a holding company that conducts its business activities through its subsidiaries. It is engaged in diverse business activities, including property and casualty insurance, information technology, real estate and reinsurance. The company, through its largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., provides property and casualty insurance. Its insurance product includes property and casualty homeowners insurance, condominium-owners' insurance and tenants insurance to individuals owning property. HCI Group, Inc., formerly known as Homeowners Choice, Inc., is headquartered in Tampa, Florida.

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