Zacks Investment Research downgraded shares of HOMEOWNERS CHCE (HCI) from OUTPERFORM to NEUTRAL on January 16, 2013, with a target price of $24.70.
HOMEOWNERS CHOICE, INC. is a Florida-based insurance holding company, headquartered in Clearwater, Fla. and founded by individuals who are Florida homeowners. Its wholly-owned subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., which began operations in July 2007, provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance solely to Florida property owners.
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