Triple-S Management Corporation (NYSE:GTS) has been given a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokerages have set a 1 year consensus price target of $20.00 for the company and are anticipating that the company will post $0.27 EPS for the current quarter, according to Zacks. Zacks has also given Triple-S Management Corporation an industry rank of 40 out of 265 based on the ratings given to related companies.

Several equities research analysts recently issued reports on GTS shares. Zacks Investment Research downgraded Triple-S Management Corporation from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. ValuEngine raised Triple-S Management Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. TheStreet raised Triple-S Management Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 17th. BidaskClub raised Triple-S Management Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Finally, Wells Fargo & Company raised Triple-S Management Corporation from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $16.00 to $20.00 in a research note on Wednesday, August 9th.

In other Triple-S Management Corporation news, insider Arturo Carrion sold 1,100 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $23.80, for a total value of $26,180.00. Following the transaction, the insider now directly owns 48,663 shares of the company’s stock, valued at approximately $1,158,179.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.52% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Trexquant Investment LP acquired a new position in Triple-S Management Corporation in the 3rd quarter worth about $504,000. JPMorgan Chase & Co. increased its position in Triple-S Management Corporation by 4.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 177,839 shares of the company’s stock worth $4,084,000 after purchasing an additional 7,804 shares during the last quarter. Nordea Investment Management AB increased its position in Triple-S Management Corporation by 125.0% in the 3rd quarter. Nordea Investment Management AB now owns 177,500 shares of the company’s stock worth $4,203,000 after purchasing an additional 98,600 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Triple-S Management Corporation during the 3rd quarter valued at about $375,000. Finally, Macquarie Group Ltd. acquired a new position in shares of Triple-S Management Corporation during the 3rd quarter valued at about $328,000. 79.66% of the stock is currently owned by institutional investors.

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Shares of Triple-S Management Corporation (GTS) traded down $0.83 during midday trading on Friday, hitting $26.48. The stock had a trading volume of 210,207 shares, compared to its average volume of 160,256. Triple-S Management Corporation has a twelve month low of $15.05 and a twelve month high of $27.61. The stock has a market capitalization of $647.31, a P/E ratio of 348.14, a price-to-earnings-growth ratio of 2.83 and a beta of 0.33. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.56 and a current ratio of 0.56.

Triple-S Management Corporation (NYSE:GTS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.59. The firm had revenue of $731.00 million during the quarter, compared to the consensus estimate of $728.66 million. Triple-S Management Corporation had a return on equity of 0.19% and a net margin of 0.63%. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.26) EPS. research analysts anticipate that Triple-S Management Corporation will post 0.86 earnings per share for the current fiscal year.

Triple-S Management Corporation declared that its Board of Directors has authorized a stock repurchase program on Tuesday, August 8th that permits the company to repurchase $30.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Triple-S Management Corporation Company Profile

Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.

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